Australia’s food and beverage operators have been striving to return their businesses to some degree of normality in order to drive sales, stabilise costs and prepare themselves for the imminent financial obstacle of Job keeper payments ceasing in three weeks’ time. It is clear from the ABS that the future is bright for food and beverage operations, however, operators need to be creative, flexible and innovative in order to comply with the remaining Covdid-19 restrictions around social distancing and the control in patron numbers in any one enclosed space.
In the course of our work, we have noticed that there are some venues that just say ‘Sydney’. We also know that over the years, Sydney restaurateurs haven’t lit up the world in Melbourne (and vice versa, we might add). All of which got us thinking about why this is so: What is it about the market that creates a ‘Sydney’ venue?
Here we highlight a few of the differences between the Melbourne and Sydney food scene.
Although 2020 will be remembered in Australians (and the world) for all the wrong reasons, hospitality operators continued to push the boundaries, open new concepts providing a welcome haven for Australia’s at large with new experiences that raised our spirits and reminded us that life, food and hospitality will not only survive but thrive.
There are stand out restaurants and bars that have opened across Australia with new and enticing food and beverage as well those who have traded through the ups and downs continuing to deliver excellent food and service.
Here we highlight a few of the many new ones (and can’t wait to try) and share a recent food experience at Ish in Melbourne.
2021 is going to be, in the parlance of your local footy team, a rebuilding year. So much damage has been done to retail in general and hospitality in particular this year that 2021 is going to be a year to heal, slowly getting back on public transport and getting settled into the Next Normal.
2022, then, is shaping up as a really interesting year. The food operators that survived the pandemic, and especially those that opened during it, are battle-hardened and realistic: An excellent foundation on which to rebuild Food and Hospitality. With the gradual renaissance of the CBD and face-to-face interactions, there is ample scope to start contemplating how to harness and encourage demand.
In the current business environment, securing the best F&B operators within your project, development or institution, can be challenging. This may be compounded, by shifting operator demands, (complicated lease conditions, staged incentives, abatement clauses, etc) and a new expectation of rental revenue models, what is the rental return that can realistically be achieved?
Francis Loughran’s projects and study tours take him far and wide in search of the best food and the best brands when it comes to food. Over the past few weeks Francis has been reviewing some of New Zealand’s newest and hippest new food designations; The Press Hall in Wellington’s CBD (80 Willis Street) and Queen’s Rise in Queen Street, central Auckland. Today, the focus here is on Wellington.
Future Food’s master planning work on the Starfield Cheongna Mall in Seoul has required Consultants Allan Forsdick and Francis Loughran to spend considerable time in Seoul over the past year. This is the third mall Future Food have Masterplanned for Shinsegae and the senior team at Future Food are very familiar with the culinary diversity and delights of food across Korea and in particularly in Seoul.
NH Architecture is one of Melbourne’s leading architecture studios and currently they are working on a number of retail precincts where food and hospitality are central to the development. Having partnered with Future Food on a number of projects over the years, we sat down with NH’s Managing Director, Roger Nelson, to talk about his view on food and design and what is considered by an architect when a hospitality precinct is being developed.
Our ‘Food in Focus’ series introduces you to some of the team’s favourite foodie spots both in our hometown of Melbourne and around the globe. These are the spots that we love for their offer, their hospitality and the memorable experience that comes with it. This week, one of Melbourne's latest hotspots, Abacus Bar & Kitchen which is hitting all the sweet spots for an elevated food and hospitality business.
Haberdasher Cafe at Debenhams, St Collin's Lane is one of Future Food's latest concept projects that has been completed with great success. Read what involvement our team had on the project, who we worked alongside and see the finished product - a beautiful, refined space with a considered menu designed for their target customer.
and stay up to date with food and hospitality trends, travel and news.
