Upscale operators face not-so-fine predictions

Upscale operators face not-so-fine predictions

Fine-dining restaurateurs are likely to face a challenging new year as the U.S. economy loses steam and operators across all segments step up their efforts to lure spending-conscious consumers already wrestling with skyrocketing energy costs.

Even with a spike in international tourism helping to buoy businesses in some gateway cities like New York, many upscale operators are finding themselves under pressure to maintain sales and traffic levels as the battle for the dining-out dollar

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