One of the major factors is staff retention which is a sign of staff respect and value that ensures their loyalty, high turnover rate and low attrition which also boosts profitability.
In the last five years, on an average, most restaurants have seen a 20 percent jump in the revenue from food aggregators, with a 10 percent increase in food deliveries.
Goa is not only considered as a party hub or a destination where you go for sun, sand, and water…today, the state has become one of the top dining destinations in the country.
Breaking the stereotypes, women are now taking their culinary skills outside their home kitchens and are using their talent and entrepreneurial drive to take major strides in the hospitality industry.
According to a report by BCG, funding in the food tech space has grown by 35x in the last five years as we see that more and more brands are venturing into online food delivery space looking at the opportunity that this segment hold.
On Women's Day today, we profile these top culinary names and get them to reveal their mantras for success, breaking the mold, and their approach to taking things ahead in the new normal.
The news for restaurants across India was bad enough when the industry association released an economic impact report stating the disturbing numbers of restaurants closed permanently since the onset of the Coronavirus pandemic.
Lockdowns and the transition periods of unlocking saw the stress on food supply chains due to bottlenecks in labor, processing, transport, and logistics.
