Rising Bankruptcy Trends in U.S. Hospitality
Bankruptcies in U.S. restaurants, hotels, and suppliers are erasing bookings and eroding guest trust, with elevated filings projected for 2025. BKwire’s daily filings and creditor insights help you anticipate and navigate these risks.
How BKwire Protects Your U.S. Hospitality Operations
Hotels & Resorts
Spot unstable vendors early with daily alerts and creditor data, shifting suppliers to maintain seamless guest services across U.S. properties.
Catering & Event Firms
Adjust partner deals proactively with filing insights, securing replacements to avoid event cancellations in the U.S. market.
Travel & Tourism Operators
Re-route bookings swiftly via real-time data on U.S. partner insolvencies, preserving revenue and traveler trust.
Hospitality bankruptcies collapse guest confidence
Closures of hotels or event companies cancel reservations, stall catering orders, and damage brand trust. Suppliers, workers, and local partners are swept into sudden loss, leaving stable firms exposed to fallout.
BKwire reveals fault lines before disruptions spread
Bankrupt players in the hospitality industry can wreck reputations overnight. BKwire unearths these weak spots every day, giving you the clarity to safeguard contracts and protect customer trust.
BKwire reveals fault lines before disruptions spread
Bankrupt players in the hospitality industry can wreck reputations overnight. BKwire unearths these weak spots every day, giving you the clarity to safeguard contracts and protect customer trust.
BKwire Hospitality Bankruptcy Filings 2023-2025
2023
Number of Filings
Post-COVID cost spikes; casual dining and small hotels hit hard.
2024
Number of Filings
8,000 restaurant closures; chains like TGI Fridays shuttered sites.
2025 (YTD)
Number of Filings
Labor shortages and inflation fuel chain restructurings.
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Recent Hospitality Bankruptcies
Buca di Beppo (Mid-2025)
Bankrupt
Italian chain’s filing halted catering contracts, impacting U.S. event firms and leaving venues with unfilled bookings.
TGI Fridays (Second filing, Nov 2024 spillover)
Bankrupt
Chapter 11 closed 50+ U.S. locations by early 2025, stranding suppliers and canceling events, with $1 B+ debt eliminated but vendor claims unpaid.
Red Lobster (Early 2025)
Bankrupt
Seafood chain’s Chapter 11 auction disrupted seafood suppliers and resort partnerships, causing menu shortages across U.S. locations.
Recent Medical Bankruptcies
NES Health
Bankrupt
Filed for Chapter 7, leading to liquidation after failing to pay emergency physicians, leaving hospitals understaffed and doctors without malpractice coverage.
Why the Hospitality Industry needs BKwire Bankruptcy Monitoring
Threat awareness
Track fragility in event planning chains before it snowballs
Expansion play
Seize acquisition and collaboration chances in crisis settings
Integrated insights
Trigger Watchlist alerts for fresh multi-zone insights
Use Bankruptcy Signals to Safeguard Your Operations
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