Sunday, 31 May 2020

Rent woes weigh heavy on #UAE F&B operators, survey shows - Arabianbusiness

Rent woes weigh heavy on UAE F&B operators, survey shows - Arabianbusiness:

A vast majority of F&B operators in the country are concerned about rent and a lack of support from landlords, according to a new survey.

According to a new survey from Arabian Business sister publication Caterer Middle East, most F&B operators reported a lack of understanding from landlords.

When asked to rate how supportive their landlords have been out of five, more than half of those surveyed gave their landlords just one or two stars, with only 16 percent giving them more than three stars.

The survey covered 100 restauranteurs of various kinds and sizes.

Many operators have expressed hope that landlords would waive rent over the summer or give long-term reductions.

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