Mall operators are rethinking their tenant mix, incorporating more experiences and leisure outlets across the malls to increase footfall and subsequently tenant revenues, thus retail is gaining wider attention for identifying prime locations for expansion by all foodservice types. Different players are exploring these locations in varying ways; for example, meal delivery players having a delivery-only model have set up outlets in the food courts across the malls and retail food brands such as Nutella and Barilla have established foodservice outlets in retail locations.
Organisers of Expo2020 aim to offer visitors a unique set of experiences in entertainment, art, food and retail by making the event one of the best organised and by setting new standards. More than 30,000 square metres of space has been reserved for foodservice outlets, the number of which is expected to exceed 200.
With the United Arab Emirates offering amongst the best lodging services in the region, ranging from luxury and upscale to mid-market hotels, culinary experiences in the lodging sector play an important role. Foodservice in this venue has been continuously evolving over the years.
Given that the practicality of off-site kitchens or delivery-only concepts is expected to foster development of such models in coming years, restaurants would be expected to be very careful to locate their -service restaurants in optimal locations across leisure, lodging, retail or standalone. This will make rental space in certain locations more expensive whilst simultaneously opening up more accessible locations for new market entrants as other players leave these locations for prime locations.
Expansion of real estate is one of the unique features of the economic development in key emirates such as Dubai and Abu Dhabi. Whilst there is real estate development across all segment types, community living and residential communities are part of large-scale real estate projects.
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Discover the latest market trends and uncover sources of future market growth for the Consumer Foodservice by Location industry in United Arab Emirates with research from Euromonitor's team of in-country analysts.
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This industry report originates from Passport, our Consumer Foodservice market research database.