Vital Insights For The Foodservice Industry

When you have made the decision to start your own coffee shop business and you have already done all your research, you now need to decide what coffee franchise you want to go with. Next up on the list of top hotel franchises is Wingate by Wyndham. These hotels are all newly constructed and feature standard amenities, all-inclusive pricing and were designed using input from travel agents, seasoned travelers and hotel developers in order to be an upper mid-market business hotel with limited service. And between Canada and the U.S., they have 160 hotels in operation as of today. The Wyndham Hotel Group, the largest franchisor in the World, owns Wingate by Wyndham. They are the largest franchisor because they own 10 different lodging brands on six continents with a grand total of 6,500 hotels and 535,000 total rooms.

Stephanie is a Providence, RI native and eight-year food industry veteran. As Upserve’s Content Marketing Coordinator she creates materials that help restaurateurs, managers, and service professionals succeed. When she’s not writing, Stephanie is most likely traveling, cooking, or trying new restaurants.

4. Food enterprises has a strong company as its backbone, having a food venture is like leaning on a wall, you’re are sure that you are partnered with a company that is strong and capable of maintaining a good business. In this time, recession made a big impact to businesses all over the world, only strong companies remained, this is one good reason why people choose to have food franchise business; the assurance that their business will go towards the right directions.

PT Indoritel Makmur Internasional Tbk, a subsidiary of PT Indofood Sukses Makmur whose main business is in the fiber optic rental sector but now holds 35.8% shares of PT Fast Food Indonesia Tbk, the franchisee of Kentucky Fried Chicken (KFC) also reported the same. The company announced that KFC sales grew 12.7% in the second semester of 2017 to 2.61 trillion IDR.

Half of Britain’s restaurants are still closed, Ms. Nicholls said. Across the hospitality industry, businesses that are open are making only about 70 percent of their pre-pandemic revenue. The government has reduced the VAT, a type of sales tax, on food and nonalcoholic drinks, but this will expire in January. The government also put a moratorium on forfeiture of commercial properties because of unpaid rent for six months, effectively allowing businesses to delay rent payments until the end of September , when the next three months of rent will be due.

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