Food businesses operating on a subscription model need to comply with various regulatory requirements related to food safety, hygiene, licensing, and delivery. Adhering to these regulations can add complexity and cost to the business operations.
Sustainability can lead to cost savings for the hospitality industry. Sustainable practices like energy-efficient lighting, water conservation, and waste reduction can help hotels and resorts reduce their operational costs.
The challenge of being in the hotel industry is the overwhelming amount of competition and corresponding to the swiftly changing demands of the present day visitors.
The experts were also of the opinion that this also opens the opportunity for restaurants to control their own discounts and will not be pushed for any platform discounts.
Despite their best efforts, negative reviews or publicity can still occur. In such cases, restaurants in India often turn to online reputation management services to help manage their online presence.
Globally, the restaurant management software market size value is expected to reach around 7 billion dollars by 2025. These statistics by the Grand View Research show that the industry is growing rapidly and therefore, restaurants feel the need to invest in similar solutions.
I hope the upcoming Union Budget will take care of these long-awaited supports which will help us further flourish the industry, operate profitably, and attract further investments.
In metros such as Kolkata, Chennai, and Hyderabad, the average stood much higher at 67%, indicating that citizens here would pick up Indian options over western.
India generates over 25,000 tonnes of plastic waste per day, which is roughly the weight of 4,300 elephants. According to the Union Environment Ministry, 60 percent of this is recycled.