According to a new analysis from the D.C. Policy Center, the golden days of the District’s burgeoning restaurant and entertainment industry scene may ending. The study shows that the city granted 165 new liquor licenses in 2010, but by 2016, less than half of those same businesses remained.
Researcher Kate Rabinowitz reviewed data obtained from the Alcoholic Beverage Regulation Administration to suss out nightlife trends in the District. She found the number of bars, restaurants, and nightclubs has grown dramatically in the past decade, nearly doubling from about 800 in 2008 to just under 1,300 such establishments in 2016. However, a growing number of of closures could be a sign that the boom is deflating.
You can read more in the full article: Data Suggests D.C. Restaurant Bubble Is Bursting | DCist