Originally Published in the Aaron Allen & Associates Newsletter on 07/08/2024 The Saudi HORECA Industry Is Struggling with Growth… Restaurant and Hotels sales (two segments
We have been active (and bullish on) the MENA market since 2008. The restaurant industry will continue to grow but competition is also getting more
Restaurant labor costs are usually the largest cost foodservice establishments have in their P&L, averaging around 30% of sales. In the U.S., there are around
Franchising has enabled restaurant chains to grow exponentially across the world. And there is still plenty of room to grow even more. In mature markets
Restaurant inflation certainly been a challenge on margins over the last few years — even more so than usual. The pressure on profitability is certainly
Disruption from Coronavirus has been especially significant for the restaurant industry. The economic slowdown, public markets in distress, supply chains interrupted, tourism coming to a
The biggest threats are often those that few see coming. It’s a case of history repeating itself with companies being wiped out by disruptive forces
We receive thousands of inquiries each year from every corner of the foodservice industry and from all around the globe. There are some common patterns
As one of the fastest-growing foodservice markets in the world, the Middle East has been a region of opportunity for many restaurant chains — both
Alternative foodservice formats are increasing in popularity across the globe. More and more, we’re seeing companies that are looking to provide food via convenient and
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Founded and led by third-generation restaurateur, Aaron Allen, our team is comprised of experts with backgrounds in operations, marketing, finance, and business functions essential in a multi-unit operating environment.
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