Reaching The End Consumer Within A Free Market- Hospitality Sector

Question 1

List the hospitality sectors that reaches end consumer within a free market

Answer 1

1. BARS
2. Restaurant

Question 2

List and compare the types of bars.

Answer 2

Specialist wine bars
1. Independent of small chain
2. Knowledge, well train staff, service, suggestion, food pairing.
3. Hand sale wines.
4. Premium, lesser known region and variety.
5. Rarely stock famous brand.
6. Opportunity for producers. Gateway.
7. Higher profit, charging higher price, margin.
8. No price comparison.
9. High standard.

General bars
1. Less wine focused, beer, or spirits according to the theme.
2. Major brand, famous region, variety.
3. Own brand or hospitality brand, aims for price comparison.
4. Cost more than store, lower profit.
5. Inexpensive or mid range for general public.
6. Limit range of wine.

Question 3

List and compare the type of restaurants.

Answer 3

Non destination
1. Meal is not the main purpose.movie music.
2. Major brand. Aim general public. Low involvement.
3. Inexpensive to mid priced wine
4. Local wine dominant
5. Independent owned

Causal dinning
1. Between non destination and fine dinning.
2. Mid price to premium, high involvement.
3. Mixture of well known and Lesser known variety region, small producer.
4. Low price comparison, more profit.
5. Opportunity for small premium producers.
6. Offer knowledge, offer suggestion, food pairing.
7. High quality food but not formally setup
9. Local and imported wine.

Fine dinning.
1. Experience and the meal are the reason.
2. Offers high quality food and wine.
3 High involvement
4. Food pairing, tasting sommelier. Well train staff.
5. Expensive, super premium wine. Limited quantity.
6.. Wine sourced from brocker, hard to find.
7 Formally set up