Diversifying the F&B revenue stream
A successful business model is dependent on its ability to generate revenues from different streams throughout the various stages of its journey. While this definition applies to most businesses, the F&B industry appears to be trapped in the sales of food and beverage items, mostly to a limited target clientele. Manal Syriani, managing director, WAY Consultants, gives us a few options for diversifying along the way
5 ways to establish a successful F&B business
The regional F&B industry is evolving at a fast pace amid fierce competition and rising customer demand for innovation. Given the current climate, building a successful business is becoming more of an art than a science. Manal Syriani, managing director, WAY Consultants, explains
7 cost-cutting solutions
Revenue is down, the market is challenged and we have to make something happen quickly. What should we do? Mark Dickinson of DONE! Hospitality Training Solutions says cut costs, but carefully
Drees & Sommer launch global hospitality division in the UAE
The leading European consulting, planning and project management enterprise has mandated the development and delivery of efficient and profitable hospitality concepts as worldwide tourism growth continues unabated. The company announced the launch of a new highly-specialized global hospitality team based in Dubai as an extension to the existing European operation....
The family business: Relative values
The family business is a common module for locally grown concepts in the hospitality industry. With successful family businesses expanding and evolving into established companies, we are witnessing the integration of their mentality into the corporate business structure. Manal Syriani, senior consultant at N4TC explains