Research provides food-and-beverage demand outlook through 2020, and reveals performance and occupancy trends, investment plans and new food formats
ROCKVILLE, MD — Avendra today released findings from a new F&B trends report titled “Lodging Food & Beverage Outlook” that gauges demand for hotel F&B over the next two to three years. The findings reveal current F&B and occupancy performance, identify hoteliers’ investment plans, and detail new food formats for the future.
“Today’s restaurants face multiple pressures based on shifting consumer behaviors,” said Chip McIntyre, senior vice president of strategic sourcing, Avendra. “We worked with an independent third party to help identify those behaviors to ensure that the restaurants and food operations our hotel customers own and operate can remain relevant in an increasingly diverse and competitive environment.”
Avendra provides procurement and supply chain management services for food-and-beverage and other areas of hotel operations. In addition, Avendra F&B experts analyze various offerings within a hotel’s foodservice outlets to help operators enhance revenue, reduce overall costs, and provide exceptional guest service. Detailed analysis includes menu engineering and product cross-utilization and comparisons against local competitors, product applicability reviews, and the exploration of practical product alternatives to achieve cost savings that can be implemented without sacrificing product quality.
The researcher received approximately 900 unique responses, with about 90 percent coming from hotel general managers and directors of F&B, and roughly 10 percent coming from either hotel management companies or brand-level/corporate entities spanning luxury to economy and independent segments.CLICK HERE TO READ FULL ARTICLE