5 Least Regulated Industries and Businesses

3. Accommodation and Food Services

Number of Federal Regulations in 2020: 4,548

The accommodation and food services sector has faced several shocks these couple of years as it first had to face the brutal effects of the coronavirus pandemic as foot traffic dried up and facilities were shut down. Then, the inflationary pressures hit, making it difficult to run facilities and reducing demand. The sector has to follow a variety of health and hygiene regulations since it is one of the closest consumer facing industries that have a direct impact on public health.