Why Food & Beverage (F&B) Can Be Accretive to Hospitality Projects (and why the Gatekeepers Keep Missing It) - actually I’m not sure why they keep missing it, they need to pay attention!!
Why about banks and other investors? …or maybe they just aren’t the right financial partners. Hearts and minds of traditional real estate finance need to change.
I still think even banks and PE can be convinced if it’s in the numbers and scoped out. The challenge is most f&b operators aren’t Death&Co. so the story needs to be convincing. Many of us have experienced first hand the burn of working with poor F&B…
Completely agree. What still feels unresolved is that we’re asking F&B to do brand, placemaking, and revenue work, while underwriting and ops frameworks still treat it like a liability. Until those systems catch up, the gap between conviction and execution stays real.
I think you would appreciate the trend that I’m seeing through many of the conversations I have on the podcast that many more projects Hotel restaurant and otherwise start with a branding agency first get that clear and then it becomes a decision matrix for everything else on the project
Powers in the numbers. Use the numbers of what Death & Co. is doing to tell the story. Then owner/operators will listen!!
Why about banks and other investors? …or maybe they just aren’t the right financial partners. Hearts and minds of traditional real estate finance need to change.
I still think even banks and PE can be convinced if it’s in the numbers and scoped out. The challenge is most f&b operators aren’t Death&Co. so the story needs to be convincing. Many of us have experienced first hand the burn of working with poor F&B…
Completely agree. What still feels unresolved is that we’re asking F&B to do brand, placemaking, and revenue work, while underwriting and ops frameworks still treat it like a liability. Until those systems catch up, the gap between conviction and execution stays real.
I think you would appreciate the trend that I’m seeing through many of the conversations I have on the podcast that many more projects Hotel restaurant and otherwise start with a branding agency first get that clear and then it becomes a decision matrix for everything else on the project