Summary:
In terms of marketing too, owners are lacking in promoting their restaurants.”Gadgil too agrees with Dixit, but he added that the hospitality industry is set to have an exciting future. The major reason is the lack of knowledge and market research. On the other hand, Kadu stated, “This industry is headed just like the real estate industry. PUNE: Increasing disposable income among citizens has led to a boom in the food and beverage industry in the city with a new restaurant, café or eatery opening doors nearly every day. As soon as they come across a failed hospitality venture, they take over and then spectacularly fail..