Where have the Americans gone?
Restaurant M&A is happening despite political & economic concerns
Hi everyone,
Happy Friday. Thank you for the continued feedback on the Jeff Klein interview. I’m so happy to know that you’ve gotten so much out of it. If you found this interview valuable from a career perspective, I suggest listening to the episodes with Noah Tepperberg and Jamie Caring.
If you’re heading to Europe in August and need help with reservations, book easily via Dorsia at places such as Conca del Sogno, Sa Capella, Cala Gracioneta, and Jondal sunbeds and tables, Loulou Ramatuelle, Casa Amor, and much more. Use my link & code (thestanza) for a 1 month trial.
In today’s newsletter: What makes a restaurant worth investing in? Why are hotels charging insane rates? Where are wealthy Americans moving to and why? The commercialization of places such as Ibiza, and more…
@roarvale: Christian Dior SS 1992 ‘Palladio’ dress, designed in Paris by the late Gianfranco Ferré who had a degree in architecture.
Restaurants, with their thin margins and limited scalability, have long been on several institutional investors’ “no fly list”. But as consumer behavior evolves and certain restaurateurs build systems that allow them to scale into sizable groups, the landscape for hospitality investment is responding accordingly: