6. Hospitality Flashcards
Explain how in UK hospitality sales by volume compare to by value
20% by volume
40% by value
Because the price per bottle is higher in hospitality than retail sector
Define “high involvement consumers”
Consumers who are willing to pay above average prices for very good and outstanding quality wines
Define “hand-selling”
Telling the story of the wine, provide additional information and explain food and wine pairing
Give examples of wine bar chains
- Davy’s UK, large wine bar with own-label wine
- Vino Vilo USA, airport lounges
Why don’t wine bars offer big-name wine brands
They can not compete on price with large chains, so they stock from smaller producers
What type of wine is served in general bars
- Produced by big company, well-known region and variety, inexpensive to mid-priced, appealing a wide range of people
- In wine producing countries, likely a local wine
- To avoid price comparison with retail outlets, some producers make brand specially for hospitality
Give examples of non-destination restaurants
- Where people eat before going to the cinema
- Where people eat a quick meal after work
- Country-based: Italian etc
Give examples of fine dining restaurants
- Le Bernardin NY
- The Fat Duck UK
- Can Roca Spain
What are some traits regarding wine in a fine dining restaurant
- Sommelier to make recommendations
- Tasting menus with food and wine pairing
- High quality, premium prices
- Brokers to seek out rare wines