The food and beverage (F&B) business seems to be cooking almost half the revenues for international hotel chains in India. In contrast to the global trend, hospitality chains like Marriott Hotels and Accor Group are seeing a significant chunk of the India revenue coming from the F&B segment.
Marriott Group, with hotels like Courtyard and Fairfield, has launched restaurants such as Shakahari, Momo Café, Redzon, Fratelli and bakeries as well. In India, 50 percent of the group’s revenue comes from the F&B segment, while internationally it makes for about 20 percent of overall earnings. This holds true for most international hotel chains, as they tend to focus increasingly on the restaurant and bar offering in the hotel.
Having launched some of its restaurants in India, the group is now planning to take some of these brands to other countries as well. They are planning to launch Momo Café in China after seeing its success in the Indian market.
(Source: Business Standard)