F&B industry: What’s next?
As the set targets go south of the hotel and related industries, F&B industry is witnessing its worst crisis ever. A few stalwarts share their revival strategy and how badly the business is impacted.
As set targets go south of the hotel and related industries, F&B industr y is witnessing its worst crisis ever.
the impact
The COVID-19 pandemic has adversely affected the F&B industry across the country. Considering it as a moral and ethical duty as citizens of this nation, we had taken a call to shut down both our restaurants even before the government passed on a notice to do so. Most of the restaurants and bars took a massive hit even before the disease was announced as a pandemic due to patrons taking self-precautions and avoiding public places. This had a domino effect on dining joints and support industries like beverage distributors, vegetable and fruit vendors, marketing agencies, to name a few. Needless to mention, millions of families are supported by this industry which employs F&B staff, DJs, security staff and other personnel.
the recovery plan
Once the nation overcomes this unfortunate crisis, restaurants and bars will face a colossal task trying to re-establish themselves. We will have to ensure that all staff members are fully out of danger before starting the operations. Safety and hygiene measures like sanitising the premises should be the topmost priority. The staff needs to be motivated to give their best and create new experiences for their patrons.
how long do you think it will take for the industry to stabilise?
We as owners of restaurants and bars need to understand that the entire country has come to a halt. Gaining the same pace as before will require a lot of patience, diligence and hard work. But I am sure we will gradually reach the milestones set by the same teams which set them earlier.