Key Food And Beverage Agreement Considerations For Hotels
By Samantha Ahuja and David Reina ( July 24, 2017, 12:01 PM EDT) -- When it comes to food and beverage agreements in the hotel industry, the old adage "following the money" holds especially true. The focus on food and beverage as a critical part of a hotel's revenue and branding has taken on new importance to owners and their bottom line. Historically, the food and beverage element was considered secondary to the comfort of hotel rooms; however, it is now a significant part of a hotel's brand. Owners are now faced with more complex agreements and a variety of options for how to increase customer flow and revenue. It's more important than ever that owners take into consideration the various legal aspects when devising and implementing a food and beverage (F&B) plan and agreement....
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