restaurant
also referred to as: restaurants
10 statements across 3 episodes · 2 bullish · 6 bearish · 4 people on the record · first statement May 7, 2023 by Kishore Biyani · across every show →
Everything said about restaurant, oldest first
May 7, 2023 bearish
Biyani: Entertainment spend has shifted from multiplexes to dining at restaurants
“If you look at the multiplex industry, That money of spend, which was supposed to go to multiplex, is definitely to restaurants now. People are spending two and half hours, family sitting together, friends sitting together, and spending that one and half 1002 …”
Oct 28, 2023 neutral
Kalra: Failing to Create Massive Launch Buzz Handicaps a New Restaurant
“You get to launch only once. And if you don't make a big enough buzz, you probably will have a slower, more tepid, more, a slower, more tepid kind of a, you know pickup. So I think that's not necessarily good, especially with the high stakes games that the res…”
Oct 28, 2023
Oct 28, 2023 negative
Kalra: Celebrity Restaurant Hype Only Drives Buzz for Two Visits
“In general, I think people go to restaurants for the overall experience. Celebrity can probably pull you in for the launch, can probably pull you in for hosting the right tables, getting initially the buzz going. That buzz will last as much as the first or sec…”
Oct 28, 2023 negative
Oct 28, 2023 positive
Kalra: Restaurants Can Negotiate Lower Aggregator Commissions by Offering Exclusivity
“One way that I would recommend to people that if they're in a certain geography is that you could go the route of being exclusive. If you offer that, there is a potential of asking for lower percentages because you're in a way alleviating the ability of that r…”
Oct 28, 2023 negative
Oct 28, 2023 negative
Kalra: 90% of Restaurants Fail Within a Year Due to Undercapitalization
“90% around that of restaurants failed within the first year and around 96% within 18 months. And the biggest reason you won't believe is not necessarily lack of passion or getting into it for glamorous reasons. It's undercapitalization.”
Oct 28, 2023 positive