The Great F&B Reset: The F&B industry in leading culinary cities such as Singapore, Bangkok and Hong Kong are undergoing a reset. Ever-evolving consumer preferences, a saturated market place and global inflation are forcing F&B operators to re-evaluate their way of business. On the other hand, exciting opportunities are arising in emerging destinations that have a lower barrier of entry, rising affluent classes, and modest cost of operations. These locations are becoming hotbeds for new F&B innovations and openings.
This session aims to uncover insights on how F&B operators can turn current and upcoming market challenges into business opportunities. Panelists include Sameer Seth, Founder & CEO of Hunger Inc. Hospitality (India); Stefanie Wijono, Deputy Marketing & PR Director at The Union Group (Indonesia); and Sarissa Rodriguez-Schwartz, CEO of SJS Hospitality Group. The panelists will be joining moderator Nicola Lee, Academy Chair of the The World’s 50 Best Restaurants, Southeast Asia (South) in dicussing the following:
1. What are the key factors and invisible forces that are contributing to this F&B reset, and how do they impact our industry?
2. On the flipside, what are the opportunities that have emerged as a result, and how can F&B operators leverage on them?
3. What can emerging gastronomic destinations like India and Indonesia learn from leading cities like Hong Kong and Singapore, and vice versa?
4. What does the future hold for the F&B industry in Asia, and what do operators have to do to keep ahead of the curve? “
