The alco-bev space is shaking things up in restaurants and hotels as new categories of drinks, and innovations are spicing up the segment.
MAKING NEWS
The F&B industry has constantly been changing, and today people have an appetite for experiences rather than just ordinary basic drinks. What is new is the blurring of lines between many alcoholic and non-alcoholic beverages, with the taste emerging quite like each other with numerous brands out with products in the market. Craft Beers have made consumers re-evaluate their current category and brand of choice. As much as the food and drinks need to be on point, the holistic dining experience is what matters eventually and creates word of mouth.
"Pricing also plays a key role; these days, it is all about serving the correct portion size at the right price to attain maximum impact. All the clubbed trends mentioned above become key talking points for customers to visit the venues. If your F&B venue lacks a story, then the place is not capitalising on its full potential," says Gautam Khanna, Director of Food & Beverage, Pullman New Delhi Aerocity.
REVENUE DRIVERS
The F&B space, especially bars, restaurants and hotels, is ever-evolving, but one of the key catalysts for such drivers is the alcobev brands. Premium products and complex flavours are expected to generate sales in the coming years. Today, cocktails, single malts, IMFL and many foreign brands of whiskeys have taken the fancy of the audiences. Gin and scotch are well-received by audiences today, and their consumption has increased over the years.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
The Big Fat Indian Wedding
With a slew of initiatives, hotels are ensuring that the wedding day is special for the couple as well as for the hotel's bottom line.
An Organization Of Rainmakers!!!
Rainmakers are revered for their ability to generate income (rain) for an organization by cracking deals, attracting clients/guests and holding on to them; often, for a lifetime... Revenue generation (rainmaking) is the job of everyone on the team.
Hospitality: A Rewarding Career Awaits
Delving into the roles and responsibilities that professionals in the field of hospitality can undertake in carving a rewarding career.
"India is my first baby!"
Bader Ali Habib, Regional Head of Proximity Markets, Dubai Department of Economy and Tourism, gets candid.
The Essence of Landscape Architecture
Innovative landscaping can enhance the luxury hospitality experience by enriching guest interaction with the natural world.
Teaching the Art of Tea
The first global tea artist from India, teaching the art of making and drinking fine tea, Susmita Das Gupta talks about her mission to make Indian specialty tea reach a global audience.
Feeding Profits
Food and beverage is driving revenues in hospitality in novel ways as hotels innovate with new-age experiences.
Acing the Revenue Game
Hotels are looking at new avenues to generate revenues that go beyond rooms and food.
The Power of Predictive Maintenance
A strategic approach to enable Indian hotels to become leaders in sustainable hospitality.
Shaping a Sustainable FUTURE
To mark the occasion of World Environment Day this month, we find out how the hospitality industry is paving the way for a greener, healthier tomorrow...