Food and beverage to soon generate more revenue for hospitality sector – Feedback

Hotel chains may soon start earning more from food and beverage (F&B) than room revenues as F&B revenue has been growing constantly over the past five years while room revenue has been dipping.

According to a recent HVS-FHRAI report on the Indian hotel industry, revenue from F&B segment – which includes banquets and restaurants – rose to 42.6 per cent in 2014-15 against 36.6 per cent in 2010-11, while room revenues declined to 50.9 per cent in 2014-15 from 57.2 per cent in 2010-11.

http://economictimes.indiatimes.com/industry/services/hotels-/-restaurants/food-and-beverage-to-soon-generate-more-revenue-for-hospitality-sector/articleshow/50703317.cms

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