Major Risks faced by the Industry includes –
Disruptive Forces for Hotel Industry-
1. Oyo Model – Organization of Unorganized space
2. AirBnB Model – Renting out spare rooms
3. Co-living Startups – NestAway, Stanza Living, CoHo, YourSpace, Zolo Stays, Oyo Life and So on.
4. Hostels- HostelWorld, Zostel, FabHotels
Major Trends that exist in QSR Industry-
1. Increase in the share of Organized Players post COVID19.
2. Increasing Participation from Online Travel Agents and Increase in Commissions charged by them.
3. Asset Light model gaining market share with Management and Franchised Contracts
4. Disruptive Models – Oyo, AirBnB, Hostels, Coliving gaining market share.
Industry Resources for Hotel Industry List of Resources to understand the Industry in detail. These reports together give a great start to understand the industry…
Industry Resources for Tiles Industry List of Resources to understand the Industry in detail. These reports together give a great start to understand the industry…
1. Rise of Domestic QSR Food Chains
2. Rise in Off-premises consumption
3. Increase in Health Awareness amongst customers
4. Environmentally Aware consumption
5. Increased Focus on Hygiene and Safety
6. Ghost Kitchens on the rise
7. Rise in Fusion Food
8. Consolidation and Shutdowns in the Industry forced due to COVID19 impact
Responses