LISTEN: The Man Behind A Snazzy La Mer Bar Explains How Closing Down Restos Is A Part Of The Deal In The F&B Industry
LISTEN: The Man Behind A Snazzy La Mer Bar Explains How Closing Down Restos Is A Part Of The Deal In The F&B Industry
The F&B industry is an obvious example of the extent businesses have been distressed during the COVID-19 pandemic and how that’s leading to closures and parcelling of establishments.
Elaborating on this, Charlie Weaving, Managing Partner of LIVIT Hospitality Management, who’s behind The Bungalow, a bar in La Mer joined Dubai Works, a business podcast for Smashi TV, to discuss the impact of COVID-19 on the F&B industry and how many restos will find a way to revive once the strain of COVID-19 eases up a bit.
What was discussed during this week’s interview on Dubai Works with the founder of Livit Hospitality:
– Why closing down a restaurant is part and parcel of the industry and there should be no ego and shame
– How the F&B industry will bounce back
– Plans to expand @@covebeachdubai Internationally
– That average operating margins for hospitality are 20-25%
LISTEN: The Future Of Successful Business Depends On Adaptability
Charlie Weaving of Livit Hospitality on how to deal with COVID-19 in the hospitality sector:
“You Can’t Have Ego In The Hospitality Sector.” – Charlie Weaving
Why closing down a restaurant is part and parcel of the industry and there should be no ego and no shame
Search 'Dubai Works' on Apple Podcast, Google Podcasts, Anghami, and Spotify @covebeachdubai @CharlieWeaving pic.twitter.com/ZHRD090CCO
— Smashi (@smashitv_en) June 5, 2020
