Luxury hotels have restaurants with well trained, experienced chefs
Hotel restaurants have elegant décor
Most 5 stars hotels offer breakfast, lunch & dinner in the restaurant, and 24hour room service
Many hotels outsource restaurant operations
Casual Restaurants
Casual type of restaurants
Fit societal trend
Comfortable and relaxed interior
Limited menus often with signature food items
Creative bar menus
Ethnic Restaurants
2 Fat Indians
Nobu
Pop-up Restaurants
Take-away or mobile restaurants (e.g. food trucks or mobile kitchen)
Appears only a few days
Some are required to purchase tickets before the event
Marketing promotion rely on Social media
Bar, nightclubs and pubs
Often feature an extended beverage and cocktail menu
Counter style service; some nightclubs offer table service
Well-trained bartender
High volume of business
Banqueting, functions and large-scale events
Logistics required can be extremely complicated
Cost structure is fixed
Service style could be table service, buffet style, cocktail, conference
Independent & Chain Restaurants
Independent advantages: Relatively easy to open, Restaurateur can "do their own thing", Plenty of room in certain locations, Bought out by larger companies
Chain advantages: Recognition in the marketplace, Greater advertising clout, Sophisticated systems development, Economies of scale
Franchises
A franchise is a type of license that a party (franchisee) acquires to allow them to have access to a business's (franchisor) proprietary knowledge, processes, and trademarks in order to allow the party to sell a product or provide a service under the business's name
In exchange for gaining the franchise, the franchisee usually pays the franchisor an initial start-up and annual licensing fees