6. Hospitality Flashcards

1
Q

Explain how in UK hospitality sales by volume compare to by value

A

20% by volume
40% by value

Because the price per bottle is higher in hospitality than retail sector

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2
Q

Define “high involvement consumers”

A

Consumers who are willing to pay above average prices for very good and outstanding quality wines

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3
Q

Define “hand-selling”

A

Telling the story of the wine, provide additional information and explain food and wine pairing

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4
Q

Give examples of wine bar chains

A
  • Davy’s UK, large wine bar with own-label wine
  • Vino Vilo USA, airport lounges
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5
Q

Why don’t wine bars offer big-name wine brands

A

They can not compete on price with large chains, so they stock from smaller producers

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6
Q

What type of wine is served in general bars

A
  • 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
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7
Q

Give examples of non-destination restaurants

A
  • Where people eat before going to the cinema
  • Where people eat a quick meal after work
  • Country-based: Italian etc
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8
Q

Give examples of fine dining restaurants

A
  • Le Bernardin NY
  • The Fat Duck UK
  • Can Roca Spain
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9
Q

What are some traits regarding wine in a fine dining restaurant

A
  • Sommelier to make recommendations
  • Tasting menus with food and wine pairing
  • High quality, premium prices
  • Brokers to seek out rare wines
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