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 the world"s largest hospitality consulting brand with 45 offices across the world providing expert local knowledge. Since 1915 we have been providing impartial, specialist advice to our clients and are recognized as the founders of the Uniform System of Accounts which subsequently has become the industry standard for hospitality accounting. We focus one hundred percent on hotels, tourism and leisure consulting and have successfully completed over 16,000 projects. If you have any questions, please contact James Chappell, Global Business Director at email@example.com