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Reputation: 642,713 • Dec 6, 2023 5:31 AM

Developers now focus on new growth menu: Food-only malls

Food and beverage outlets covered about 10% of the retail space in malls until about three years ago, which has now risen to 20%. Mall operators say they are ready to give more space to eateries. "Food is big business, and it becomes unbeatable when paired with the right ambience. That's precisely what we have done at Dawatpur, the Omaxe Chowk food court," said Mohit Goel, managing director, Omaxe Group.

The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Food and beverage outlets are becoming the highest revenue generators for malls, leading to the development of food-only malls in India.
• Mall operators are doubling the space for restaurants at their existing and upcoming properties.
• Eating out has emerged as the biggest trend post-Covid, leading to increased confidence in the success of food-only malls.
https://economictimes.indiatimes.com/industry/services/pr...
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