Discover the evolving role of Food & Beverage (F&B) in driving profitability in the hospitality industry. Presented by Hotstats, this session delves into the latest F&B trends and their direct impact on hotel profit and loss (P&L) statements, providing critical insights that go beyond the surface of traditional revenue streams.
In today’s challenging economic environment, hotel F&B operations can no longer be viewed as a secondary offering. They are essential, revenue-driving assets that, when optimized, can significantly boost RevPAR (Revenue Per Available Room), TRevPAR (Total Revenue Per Available Room), and GOP (Gross Operating Profit). Using real-world examples and in-depth financial data from Hotstats, we’ll uncover how changes in consumer preferences, operational strategies, and menu innovation are reshaping the way hotels approach their F&B programs.