Tilman Fertitta Just Revealed the One Thing That Could Make Your Next Dinner Out Cost 20% More
You might want to brace your wallet, because billionaire restaurateur Tilman Fertitta is sounding the alarm on why your next steak dinner or family pizza night could get a lot pricier. Fertitta, the owner of Landry’s and a regular on CNBC, warned that new federal labor mandates and rising food costs are about to hit your plate hard. He says that if labor laws keep changing, restaurants will have no choice but to hike menu prices by up to 20% just to keep their doors open. For you, that means the $50 date-night bill could easily jump to $60, and your weekly takeout budget might not stretch as far. Fertitta, who also owns the Houston Rockets, stressed that this isn’t just about fancy dining—it’s hitting fast-casual spots and pizzerias too. The bottom line? Start checking your receipts, because the cost of eating out is about to get a lot more expensive.