New restaurants, even from the most seasoned operators, have pushed their opening dates back further and further, as they wait for lumber and other raw materials that are now in short supply.
With mostly everybody now vaccinated, people have started moving out freely where they want to explore and such pop-up menus are a great way to get diners to come back to restaurants anticipating something new and interesting.
Touchless technology has emerged as a weapon to win the war against this vicious pandemic. Moreover, the inclination of the people towards contactless payment and their concern for hygiene is going to elevate in the future.
From bubble tea to frozen yoghurt, to momos to ice-cream parlours to a baked potato to sandwiches to Anda Ghotala, Indore is slowly moving towards becoming the food capital of the state.
The city of nawabs is now more than kabab and kormas, curries and biryani, and one can now indulge in Mexican, Spanish, English and Asian cuisines, among others.
Sixteen percent of operators in the US believe both their sales and traffic will decrease because of vaccine mandates, while 14% believe traffic will increase and 9% believe sales will increase.
Edelweiss estimates that while the entire food services market plunged 82 percent year-on-year in the first half of FY21, the contraction that organized fast casual chains such as Domino's, Burger King, McDonald's (West & South) reported was restricted to 45 percent; by September recovery was already at 85 percent of pre-covid levels.
Higher operational costs derive from saving money on low-cost infrastructure. It takes about six to seven months for a new brand to break even, excluding capital costs.
It's a great concept in a lot of ways, for instance, it takes down the cost of hosting a party or an event down drastically, a lot of times this also means no license is needed, and for the event audience, they don't have to buy unnecessarily expensive booze.