Posts tagged Hospitality
Dubai: a beating heart for hospitality

Born and bred in London, it’s easy for me to get transfixed by the bright lights of this city; it’s charming, it’s unique, and has cultivated a rich hospitality offer, one of the best in the world. Nonetheless, it’s important to broaden horizons, and not assume that for all its majesty, London’s dining scene cannot learn lessons from the rest of the world. Looking to learn more, I recently took a trip to Dubai.

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Putting the ‘funding’ in NFTs: The hospitality perspective

NFT, a simple term that stands for ‘non-fungible token’, brings with it a wave of complexity that encourages a sense of confusion, apprehension, and resistance. NFTs, cryptocurrency and blockchains have all been discussed extensively within the media, but there remain questions as to the ways in which NFTs be applied in the hospitality sector, and in particular, restaurant funding? NFTs have the potential to drive this industry to new heights and be a force for change in a positive way.

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Thinking of expanding? It is a capital idea if you choose the right option

For the last 18 months, the key word in hospitality and leisure has been “survival”. But as we start to get back to some degree of normality, the sentiment has shifted to “opportunity”. We are seeing more and more activity in the sector, with operators now ready to take advantage of the possibilities the pandemic has created.

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Perfect market in a perfect world - Or a broken market and a very bitter taste?

As firms up and down the country are starting to count the days until they are finally able to reopen, businesses are also starting to count the true cost of the pandemic as they stare at a mountain of debt. While there is hope and elation, there is also a very bitter taste in the mouth as the unfairness of it all becomes increasingly apparent.

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The hospitality sector needs room to breathe

The proposals from Jonathan Downey and his #timeoutuk campaign are a very positive step that could work for all sides over a period. The upside for the owners and investors being occupied space and basic running costs covered through service charge payments, with potentially a full income stream in 2021. The key to their success, however, is convincing the lenders at the top of the tree.

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