Why Do Restaurants With Michelin Stars Close? | Eater

"After 20 years in fine dining, the Andalusian restaurant earned a third Michelin star on November 21, 2018, but the chef surprised staff by announcing 22 days later that the venue would close in ten months, making it the shortest-lived period as a triple-Michelin-starred establishment. The award was celebrated publicly — including a stage appearance at the Carlos Lopes Pavilion in Lisbon and a party at the restaurant broadcast on a TV in the dining room — but the chef said he could not continue to devote the focus necessary to maintain three stars. He planned to pivot toward more casual, accessible concepts (including a steakhouse focused on hamburgers in the same space and menus priced around 15–20 euros), expand other restaurants and catering operations, open new sites in Madrid and Doha, and pursue media projects." - Rafael Tonon