Horwath HTL Industry Report: Asia Pacific - F&B is back on the table
There was a time when many of a city's best restaurants were in hotels, but in most modern metropolises today, the independent restaurant and bar scene puts hotel outlets to shame. This does not mean we can or should give up on quality hotel F&B. As F&B revenues still represent a significant portion of total revenue in top tier hotels across key markets in APAC, the financial and experiential impact of F&B cannot be ignored. Sam Sheldon from Horwath HTL Singapore, says that the answer, is to put the right effort into developing a concept that is modern, relevant, smart and targeted.
About Horwath HTL
Horwath HTL is focused one hundred percent on hospitality, tourism, and leisure consulting. Our services cover every aspect of hotel real estate investment, tourism, and leisure development. Our clients choose Horwath HTL because we have earned a reputation for impartial advice that will often mean the difference between failure and success. Each client project is unique, and they rely on us to utilize the experience we have gained throughout our 100-year history to assist them in achieving their goals. Being a global firm with 52 offices in 40 countries, we have successfully carried out over 40,000 assignments for both public and private clients. As part of the Crowe Global network, a top-ten accounting, and financial services network, Horwath HTL is the number one choice for companies and financial institutions looking to invest and develop in the industry.
For more information, please visit www.horwathhtl.com.
