Bertucci’s Restaurants filed for Chapter 11 bankruptcy Monday, claiming $48.85 million in debt and citing pandemic- and inflation-related challenges.

The company reported sales over $120 million in 2019, a figure that dropped to $97.9 million in fiscal year 2021, leading to an operating loss of $14 million and net loss of $7.2 million, according to the filing

It’s not the first time the chain has filed for bankruptcy. In 2018 the company filed for bankruptcy and was bought by Earl Enterprises, which owns Planet Hollywood and Earl of Sandwich. At the time, Bertucci’s had 58 locations.

Bertucci’s continues to operate 31 locations across the country, mainly in Massachusetts.

An estimated 2.9 million people are expected to visit New Hampshire this winter and spend about $1.3 billion, the state’s division of travel and tourism development said Wednesday.

Spending reached a record $1.2 billion last winter, Lori Harnois, division director, said in a news release.

She added, “while there are signs the rebound from the pandemic recovery is slowing, we expect to see continued growth this season in spending.”

The division’s winter campaign will be launched in January in New England, New York, and eastern Canada. It will highlight New Hampshire’s skiing and snowboarding, snowmobiling, and off-slope activities such as snowshoeing, skating, dining and tax-free shopping.

“This winter we’re also really excited to be highlighting some of the edgier winter adventures such as skinning, fat biking and skiing in backcountry glades,” Harnois said.