by Nate Wooley | October 11, 2012 11:30 am
Will guests go for casual dining in full-service hotels? Hilton Worldwide seems to think so.
The hotel company is presenting three new restaurant concepts to its Hilton, Embassy Suites and DoubleTree brands. The new eateries, according to USA TODAY, are more like Panera (NASDAQ:PNRA) or Whole Foods (NASDAQ:WFM) than traditional hotel restaurants.
Hilton is counting on more customers eating in their hotels if they can get quick, quality meals at a reasonable price. And “reasonable price” definitely is a factor, as recession-battered guests have made a habit of trying to spend less on meals while traveling. While hotels traditionally are not thought of for having value-priced food, the new dining options play to that cost-saving behavior.
The company is in the early stages of the roll-out, but at some Hilton hotels guests will find Herb n’ Kitchen, an open-plan restaurant with a view of the kitchen from the dining area. Some Embassy Suites will feature Brickstones Grill, which has booth seating and a wood-and-stone design. Finally, some DoubleTree by Hilton hotels are presenting Made Market, a pub concept centered on brick ovens.
Hilton plans to open 800 restaurants in the next three years. Additional concepts are being discussed.
Source URL: http://investorplace.com/2012/10/hilton-worldwide-takes-dining-casual/
Short URL: http://investorplace.com/?p=243515
Copyright ©2013 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.