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An ideal restaurant concept is key to the flourishing of your restaurant or hospitality business. It will help you attract plenty of new customers while keeping the regular ones coming. Expressed in the menu design, style of service, interior décor and even the type of targeted customers, the right concept promises a boost in profits all year long. For a new restaurant, you could take up some of the latest trends in concept development whereas an old restaurant that hasn’t been doing so well, can give the place a little sprucing up to go a long way in helping you improve your business.
While most people will marvel at the statistics of failed restaurants, they also do not understand the reasons why restaurants fail a lot. You may decide to change your staff or even improve your interior décor. But, did you know that the failure to have efficient restaurant operations may be the problem? Have you ever sat back and thought of improving your restaurant operations? If you are like most managers, this will often be your last resort.
Owning a restaurant that serves great food sounds like a noble and very enticing idea. But have you checked the statistics on successful restaurants? For a long time, there has been the belief that up to 90% of restaurants don't run for more than five years. Well, the real figures put it at around 60-70% but a significant number of these restaurants do not even stay successful for the first year.
Interior design is not merely about the way your interior looks, or what textiles and colour palettes you use in your design. It is far more than that. True interior design focuses not only on the aesthetics of a space but also the functionality of it, and this is what makes interior design for restaurants very important.
Building a brand that captures the enthusiasm of consumers and creating a perfect blend of autonomous franchise brand development plus strategic management can be an uphill task, especially when you're new to the field. The problem escalates even further when you're not familiar with different industry strategies for building such a brand. It can become even more devastating when you set up such a brand only for it to crumble and fail.
According to a 2018 report by Arabian Travel Market, the Saudi Arabian hospitality sector is slated to grow at a rate of 13.5% compound annual growth rate each year to 2022. Restaurateurs looking to set up their businesses can therefore do so with confidence with the market showing promising prospects. However, this may not be the case with every new restaurant and hotel business.
Over the years, the hospitality industry in the Middle East have changed and is constantly changing. New hospitality brands are being introduced in the market, and lately, there has been a shift of interest from 5-star hotels to boutique ones, and from well-known restaurants to new yet unique eateries. This, however, raise new questions amongst diners and guests. Who do you trust?
Glee Hospitality has been the brains behind the original concept of The Roost, Dubai. Concept development, location selection, execution, pre-post services, staff selection, and operations management, Glee Hospitality has provided 360-degree turnkey solutions in restaurant management.
Kishmish: Where it all began The idea behind this brave and wonderful new restaurant venture was a simple one; take good Afghani food from the dinner tables of Afghanistan to…
Slab over a slice Slab over a slice A little or a lot? That is the question that is seemingly being answered fervently by the new restaurant on everyone’s lips…