When a 1,000-room west coast hotel needed to turn around their failing ground floor restaurant space, they called on Next Hospitality. We identified an ideal upscale restaurant partner, negotiated a mutually beneficial deal, and provided end-to-end guidance from design to opening day.
The result? The new restaurant earned a Michelin star in its first year. The hotel now receives 400% higher rent, improving asset value. And with this dining destination on site, they closed their own restaurant and room service to reduce costs.
Like we did for this hotel, our team can connect you with the perfect restaurant partner for your property. We handle every step of the process:
- Asset Evaluation: We thoroughly assess your property’s needs and market opportunity.
- Operator Matching: Through our extensive network, we identify the ideal restaurant concept and chef.
- Deal Negotiation: We develop competitive, performance-based lease terms favorable to both parties.
- Design Management: We oversee architecture, design, and construction with operator input.
- Opening & Beyond: We ensure a smooth launch and provide ongoing optimization guidance.
Give your hotel guests an unforgettable dining experience that also adds value to your asset. Let our restaurant consultants transform your space from an underperforming liability into a profit engine and destination.
