A STUDY ON EFFECT OF COVID-19 ON FINE DINING RESTAURANTS IN COIMBATORE MAJOR PROJECT 2020-20201 Work done by Tarun Richard Ajeet Kumar (19BRM054) Under the Co-ordination of Dr. R. SWARNALATHA MBM, M.Sc.(App. Psy.), PhD A report submitted in partial fulfilment of the requirements for the award of the degree of Bachelor of Business Administration (Retail Management) PSG COLLEGE OF ARTS & SCIENCE An Autonomous college Affiliated to Bharathiyar University Accredited with A Grade by NAAC (3rd CYCLE) College with potential for Excellence (status awarded by UGC) Star College Status Awarded by MST-DBT An ISO 9001:2018 Certified Institution Civil Aerodrome post, Coimbatore – 641014. CERTIFICATE This is to certify that project report entitled “A Study on Effect of COVID-19 on Fine Dining Restaurants in Coimbatore” is a Bonafide record of original research work done by Tarun Richard Ajeet Kumar, (19BRM054). Submitted in partial fulfilment of the requirements for the award of the Degree of Bachelor of Business Administration. ________________ ________________ Faculty coordinator Head of the department Viva voce held on : Examiners 1. __________________ 2. __________________ PSG COLLEGE OF ARTS & SCIENCE DEPARTMENT OF MANAGEMENT SCIENCES BACHELOR’S OF BUSINESS ADMINISTRATION RETAIL MANAGEMENT DECLARATION I, Tarun Richard Ajeet Kumar(19BRM054) hereby declare that this Major Project entitled “A STUDY ON EFFECT OF COVID-19 ON FINE DINING RESTAURANTS IN COIMBATORE” is an original work done by me, under the guidance of Dr. R. SWARNALATHA MBM, M.Sc.(App. Psy.), PhD during my period of study 2020-2021. DATE: PLACE: SIGNATURE OF THE CANDIDATE ACKNOWLEDGEMENT It is with great pleasure, deep satisfaction and gratitude that I acknowledge the contributors of the array of the individual towards the successful completion of the major project. I wish to extend my heart-felt sincere thanks to Dr D. BRINDHA, M.Sc., MPhil, PhD, Principal, PSG College of Arts & Science and the members of the management for giving me the opportunity to do this project. It is a great honour to thank Head of the department and my Co-ordinator Dr. R. SWARNALATHA MBM, M.Sc.(App. Psy.), PhD., , PSG College of Arts & Science for her encouragement during the major project. I would like to place on record the sincere and earnest guidance extended to me, by my faculty coordinator, for her guidance and encouragement provided, which was the great support for the completion of my project. Tarun Richard Ajeet Kumar TABLE OF CONTENTS CHAPTER NO PARTICULARS PAGE NO LIST OF TABLES LIST OF CHARTS 1 INTRODUCTION 2 1.1 Need for the study 5 1.2 Scope of the study 5 1.3 Objectives of the study 5 1.4 Limitations of the study 5 2 REVIEW OF LITERATURE 7 3 RESEARCH METHODOLOGY 10 4 ANALYSIS AND INTERPRETATION 12 5 FINDINGS 58 6 SUGGESTIONS 60 7 CONCLUSION 61 BIBLIOGRAPHY 62 ANNEXURE 63 LIST OF TABLES Table No Table Title Page No 4.1 Table showing Age Group Of The Respondents 12 4.2 Table showing Gender Group Of The 14 Respondents 4.3 Table showing Marital Status Of The 16 Respondents 4.4 Table showing Educational Qualification the 18 respondents 4.5 Table showing Respondents Experience in the 20 Food Industry 4.6 Table showing Location of the restaurant 24 4.7 Table showing Designation of Respondents 26 4.8 Table showing Restaurant Type 4.9 Table showing Time Period Restaurant been 28 in operation (before the pandemic) 4.10 Table showing How have restaurants been 30 affected by Covid-19 4.11 Table showing How have restaurants adapted 32 during Covid? 4.12 Table showing Percentage of customers 34 visiting the restaurant per month (since the pandemic)? 4.13 Table showing How did the restaurant get orders for private events (activities) during the pandemic? 36 4.14 Table showing How optimistic are restaurants 38 about the future 4.15 Table showing What strategy did you deploy 40 to maintain daily activities during the pandemic? 4.16 Table showing New Strategy Adopted 42 4.17 Table showing Alternative methods for raw 44 materials 4.18 Table showing Percentage of customers who 46 adhere to the restaurant COVID protocols 4.19 Table showing Satisfaction level of employees 48 and peer groups in job rotation 4.20 Table showing Safety during work and travel 50 4.21 Table showing comparison of sales to last year 52 4.22 Table showing comparison of sales in private 54 events from last year 4.23 Table showing most challenging thing in your business 56 LIST OF CHARTS Chart No Chart Title Page No 4.1 Chart showing Age Group Of The Respondents 13 4.2 Chart showing Gender Group Of The 15 Respondents 4.3 Chart showing Marital Status Of The 17 Respondents 4.4 Chart showing Educational Qualification the 19 respondents 4.5 Chart showing Respondents Experience in the 21 Food Industry 4.6 Chart showing Location of the restaurant 23 4.7 Chart showing Designation of Respondents 25 4.8 Chart showing Restaurant Type 27 4.9 Chart showing Time Period Restaurant been 29 in operation (before the pandemic) 4.10 Chart showing How have restaurants been 31 affected by Covid-19 4.11 Chart showing How have restaurants adapted 33 during Covid? 4.12 Chart showing Percentage of customers 35 visiting the restaurant per month (since the pandemic)? 4.13 Chart showing How did the restaurant get orders for private events (activities) during the pandemic? 37 4.14 Chart showing How optimistic are restaurants 39 about the future 4.15 Chart showing What strategy did you deploy 41 to maintain daily activities during the pandemic? 4.16 Chart showing New Strategy Adopted 43 4.17 Chart showing Alternative methods for raw 45 materials 4.18 Chart showing Percentage of customers who 47 adhere to the restaurant COVID protocols 4.19 Chart showing Satisfaction level of employees 49 and peer groups in job rotation 4.20 Chart showing Safety during work and travel 4.21 Chart showing comparison of sales to last year 53 4.22 Chart showing comparison of sales in private events from last year Chart showing most challenging thing in your 4.23 business 51 55 57 CHAPTER SCHEME The contents of the chapter are as follows CHAPTER 1: Introduction This chapter deals with the introduction, need of the study, scope of the study, objectives of the study and limitations of the study. CHAPTER 2: Review of Literature This chapter deals with the review of literature which is collected from various websites. CHAPTER 3: Research Methodology This chapter deals with the research method used to carry forward the research. CHAPTER :4 Analysis and Interpretation This chapter deals with the analysis and interpretation of the data collected for the study. CHAPTER 5: Findings and Suggestions This chapter deals with findings. CHAPTER 6: Suggestions This chapter deals with suggestion. CHAPTER 7: Conclusion This chapter deals with the Conclusion. 1 CHAPTER I INTRODUCTION The outbreak of coronavirus disease 2019 (COVID-19) has shaken the world in an unprecedented way. COVID-19 has dramatically impacted the restaurant industry nationwide. COVID-19 generated a major crisis for hospitality businesses such as hotels, restaurants, and bars. For example, restaurants were forced to close because of the lockdown policy in early 2020. In addition, consumers showed tendency to avoid other people in public. Even after reopening, jurisdictions suggested or ordered such businesses to focus on delivery service or to reduce seating capacities because of the social distancing policy. The forecast for the future of restaurants are catastrophic. Experts estimate that over half of restaurants will not survive. Definition Fine dining restaurants are full-service restaurants with specific dedicated meal courses. Decor of such restaurants features higher-quality materials, with establishments having certain rules of dining which visitors are generally expected to follow, sometimes including a dress code. Fine dining establishments are sometimes called white-tablecloth restaurants, because they traditionally featured table service by servers, at tables covered by white tablecloths. The tablecloths came to symbolize the experience. The use of white tablecloths eventually became less fashionable, but the service and upscale ambiance remained. It’s a bit more expensive but it is a chance for you to experience a memorable meal which you can’t find a other restaurant fine dining restaurants are typically higher end and fancy restaurants cater to an upscale clientele and provides the highest quality of food. 2 Food business has become a popular trend for entrepreneurs these days. However, it seems that many entrepreneurs do not know how important is the first impression and the services offered to their guests. Consequently, many restaurants have a generally poor service, and therefore, many are closed as soon as they are opened. This study concerns more on how the first impression work in a fine-dining restaurant; hence, restaurateurs will able to know how to build on a customer’s good first impression. History The precursor to fine dining started around the 1780s when healthconscious bouillon shops evolved into grand "Parisian restaurants like Trois Frères and La Grande Tavene de Londres".In France, Ceaser Ritz, a Swiss developer, partnered with prominent French chef Auguste Escoffier at the Grand Hotel of Monte Carlo. This became the first restaurant to offer "luxury accommodations and gourmet dining all under one roof". In France, fine dining became yet another way of aping the aristocracy. Other luxury hotels soon developed across Europe. The first fine dining restaurants in the United States operated in New York City, such as Delmonico’s in the 19th century. The restaurant contained a 1,000-bottle wine cellar and remains in the same location. Hospitality Hospitality is the relationship between a guest and a host, wherein the host receives the guest with some amount of goodwill, including the reception and entertainment of guests, visitors, or strangers. Louis,chevalier de Jaucourt describes hospitality in the Encyclopédie as the virtue of a great soul that cares for the whole universe through the ties of humanity. Hospitality is also the way people treat others, that is, the service of welcoming receiving guests for example 3 in hotels. Hospitality plays a fundamental role to augment or decrease the volume of sales of an organization. Hospitality industry in India The Indian tourism and hospitality industry have emerged as one of the key drivers of growth among the services sector in India. Tourism in India has significant potential considering the rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty spread across the country. Tourism is also a potentially large employment generator besides being a significant source of foreign exchange for the country. In FY20, tourism sector in India accounted for 39 million jobs, which was 8.0% of the total employment in the country. By 2029, it is expected to account for about 53 million jobs. According to WTTC, India ranked 10th among 185 countries in terms of travel & tourism’s total contribution to GDP in 2019. During 2019, contribution of travel & tourism to GDP was 6.8% of the total economy, ~ Rs. 13,68,100 crore (US$ 194.30 billion). 4 1.1 Need of the study: COVID-19 has had a heavy impact on the food industry. Some are booming, whilst others are shutting down, while even others are making drastic adjustments to how they reach out to customers to stay in business. Therefore, the primary goal of this research was to determine the effect of COVID-19 on fine dining restaurants in Coimbatore in terms of manpower, raw materials, customers, and restaurant business performance. 1.2 Scope of the study: The main purpose of the study is to analyse the restauranteur's opinion on the effects of COVID-19 on fine-dining. The scope is to analyse the challenges faced by the restauranteurs and the findings and suggestions will help reduce or overcome these problems by suggesting new methods or making small changes in existing methods. This study will help restauranteurs stay in the competition. 1.3 Objectives of the study: Primary: • To study the challenges faced by fine dining restaurants during COVID19. Secondary: • To identify the challenges faced by different fine dining restaurants during covid pandemic situation. • To analyse the new methods and strategies adopted by the restaurants to face covid pandemic situation. • To examine the difficulties faced by fine dining restaurants regarding their employees. 5 • To analyse how the covid pandemic situation has affected their business performance. 1.4 Limitations of the study: Taken sample size is a very limited sample to generalize the results of the study. Results may differ from using any other sample. Apart from this it is a confined study to one city so change in population selection results may vary. 6 CHAPTER II REVIEW OF LITERATURE • Dr. Arlindo Madeira, Teresa Palrão, Prof. Dr. Alexandra Sofia Mendes (2020), The Impact of Pandemic Crisis on the Restaurant Business-The objective of this research is to identify restaurant entrepreneurs’ perceptions about the future, government measures, strategies they will apply, and lessons learned for the future after the mandatory lockdown of restaurants and hospitality establishments related to pandemics. The framework was developed through content analysis with line-by-line coding applied to questionnaires collected online from Portuguese restaurant entrepreneurs. The results reveal the existence of common concerns to all entrepreneurs in the restaurant business for the post-pandemic period, about the measures that the governments should implement, and about the strategies and lessons learned for the future. Resilience in face of the future, fear of a lack of appropriate government measures, strategies designed for markets with greater immediate availability, and the creation of working capital are visible concerns in the restaurant business. • NEETA LAL (2020), Crushed by COVID-19, India's restaurants consider radical changes-The NRAI said it expects its members to lose up to $10.5 billion in 2020, with more than 2 million people facing the loss of their jobs and one in four restaurants unlikely to reopen. Takings at formal restaurants have plummeted 90% since the lockdown began on March 25, according to CRISIL Research, a leading independent research organization, in part because India's lockdown was one of the strictest in the world. 7 • J. Kim, J. Kim, S.K. Lee, L.R. (2020), Tang Effects of epidemic disease outbreaks on financial performance of restaurants: event study method approach- Examines the influence of macroscopic and infectious epidemic disease outbreaks on financial performance of the restaurant industry. • A. Lucas (2020), No Swiping Fries, Ditch the Reusable Cup. Restaurants’ Coronavirus Measures Go Beyond Extra Elbow Grease- In a time when labour costs have been pressuring profit margins, restaurants are adding more staff or extending hours to ensure that employees can keep up with increased cleaning efforts. Starbucks, which is sanitizing some areas in the stores as often as every eight minutes, said Thursday it has been scheduling more labour for cleaning. • C. Pershan (2020), Fine Dining Restaurants Are Pivoting to Takeout and Delivery- Destination-dining establishments, even more than neighbourhood-focused restaurants, are particularly vulnerable to losses as customers stay home to avoid spreading COVID-19. • Jain S., (2020), Corona Virus and Food Safety in India- Is the Panic in Customers and Hospitality Industry Warrantable? - Coronaviruses are a virus that are often responsible for causing colds and seasonal flu. In the past have seen Severe Acute Respiratory syndrome (SARS) and Middle Eastern Respiratory Syndrome (MERS), affecting humans. COVID-19 or SARS-COV2 also belongs to these strains of viruses, having first detected in Wuhan China. First discovered in Wuhan seafood market, the virus is said to have been transmitted from Bats to human being. 8 • E R Barros (2020), Foodborne Pathogens and Disease - Foodborne illness constitutes a significant public health problem for Canada. Recent burden of foodborne illness estimates indicate about 4 million cases occur in Canada every year with associated cost estimates for gastrointestinal illness varying considerably, depending on costing methodology, from ∼$3.7 billion to $14 billion dollars annually. • Viator c, Blitzstein j, Brophy je, Fraser a, (2020), Preventing and Controlling Foodborne Disease in Commercial and Institutional Food Service Settings: A Systematic Review of Published Intervention Studiesreviews the current literature on behavioural and environmental food safety interventions conducted in commercial and institutional food service settings. The aim is to aid researchers in this area to design higher quality studies and to produce clearer and more useful reports of their research. In turn, this can help to create a more complete evidence base that can be used to continually improve interventions in this domain. • WHO Team (2020), COVID-19 and Food Safety: Guidance for Food Businesses - The world is facing an unprecedented threat from the COVID19 pandemic caused by the SARS-CoV-2 virus (referred to as the COVID19 virus). Many countries are following the advice from the World Health Organization (WHO) regarding the introduction of physical distancing measures as one of the ways in which transmission of the disease can be reduced. The application of these measures has resulted in the closure of many businesses, schools, and institutes of education, and restrictions on travel and social gatherings 9 CHAPTER III RESEARCH METHODOLOGY A research methodology involves specific techniques that are adopted in research process to collect, assemble and evaluate data. Research methodology is a way to systematically solve the research problem. It consists of different steps that are generally adopted by a researcher to study the research problem along with logic behind them. 1. Research design: Research design details the procedures necessary for obtaining the information needed to structure or solve the research problems. The research design used to conduct this study is Exploratory Research. It is defined as a research used to investigate a problem which is not clearly defined. It is conducted to have a better understanding of the existing problem, but will not provide conclusive results. 2. Population: Population is a complete set of elements (persons or objects) that possess some common characteristic defined by the sampling criteria established by the researcher. The population defined here is open to all age group. 10 3. Sampling technique: Census method is the method of statistical enumeration where all members of the population are studied. A population refers to the set of all observations under concern. In this case to find out How Covid-19 has affected fine dining restaurants in Coimbatore, all fine dining restaurants in the city would form a part of the “population” for this study. 4. Method of data collection: • Primary data by survey method using structured questionnaire. • Secondary data collected through journals and websites. 5. Tools used for data collection: • MS Excel. • Questionnaire. 6. Tools used for data analysis: The collected data was analysed using simple percentage method. Simple percentage analysis: It refers to a special kind of rates, percentage are used in making comparison between two or more series of data. A percentage is used to determine relationship between the series. No. of Responses Percentage of Responses = _______________ Total Responses 11 x 100 CHAPTER IV ANALYSIS AND INTERPRETATION Table No: 4.1 Table showing Age Group Of The Respondents S.No Age No of Respondents Percentage% 1 20 - 30 years 5 22.7% 2 30 - 40 years 9 45.5% 3 40 - 50 years 6 27.3% 4 50 years and above 1 4.5% Total 22 100% INTERPRETATION From the above table, it is revealed that 45.5% of the respondents are in the age group of 30 - 40 years, 27.3% of the respondents are in the age group of 40-50 years, 22.7% of the respondents are in the age group of 20-30 years, 4.5% of the respondents are the age group of 50 years and above. INFERENCE It is observed that majority of the respondents (45.5%) are in the age group of 30 - 40 years. 12 Chart No: 4.1 13 Table No: 4.2 Table showing Gender Group Of The Respondents S.No Gender Group No of Respondents Percentage % 1. Male 16 72.7% 2. Female 6 27.3% Total 22 100% INTERPRETATION From the above table, it is revealed that, 72.7% of the respondents are in the gender group of male, 27.3% of the respondents are in the gender group of female. INFERENCE It is observed that majority of the respondents (72.7%) are in the gender group of Male. 14 Chart No:4.2 15 Table No: 4.3 Table showing Marital Status Of The Respondents S.No Marital Status No of Respondents Percentage % 1. Married 14 63.3% 2. Un-Married 8 36.4% Total 22 100% INTERPRETATION From the above table, it is revealed that,63.3% of the respondents are married, 36.4% of the respondents are unmarried. . INFERENCE It is observation that the majority of the respondents (63.3%) are married. 16 Chart No: 4.3 17 Table No: 4.4 Table showing Educational Qualification the respondents S.No Educational No of Respondents Percentage% Qualification 1. Middle School 0 0% 2. High School 0 0% 3. UG Graduate 3 13.6% 4. PG Graduate 19 86.4% Total 22 100% INTERPRETATION From the above table, it is revealed that 86.4% of the respondents are PG graduates, 13.6% of the respondents are UG graduates, 0% of the respondents are middle school graduates, 0% of the respondents are high school graduates. INFERENCE It is observed that majority of the respondents (86.4%) are PG graduates. 18 Chart No: 4.4 19 Table No :4.5 Table showing Respondents Experience in the Food Industry S.No Experience in the No of Respondents Percentage% Food Industry 1. Less than 1 year 0 0% 2. 1 to 5 years 7 31.8% 3. 5 to 10 years 9 40.9% 4. 10 years and above 6 27.3% Total 22 100% INTERPRETATION From the above table, it is revealed that 40.9% of the respondents have an experience of 5 to 10 years, 31.8% of the respondents have an experience of 1 to 5 years, 27.3% of the respondents have an experience of 10 years and above, 0% of the respondents have an experience of less than one year. INFERENCE It is observed that majority of the respondents (40.9%) have an experience of 5 to 10 years. 20 Chat No: 4.5 21 Table No :4.6 Table showing Location of the restaurant S.No Location No of Respondents Percentage % 1. North Coimbatore 8 36.4% 2. South Coimbatore 14 63.3% Total 22 100% INTERPRETATION From the above table, It is revealed that 36.4% of the restaurants are located in North Coimbatore, 63.3% of the restaurants are located in South Coimbatore. INFERENCE It is observed that majority of the restaurants(63.3)% are located in South Coimbatore. 22 Chart No: 4.6 23 Table No: 4.7 Table showing Designation of Respondents S.No Designation of Respondents No of Respondents Percentage% 1. Manager 11 50% 2. Assistant Manager 6 27.3% 3. Director Of Operations Joint Manager 5 22.7% 0 0% Total 22 100% 4. INTERPRETATION From the above table, it is revealed that 50% of the respondents or managers, 27.3% of the respondents are assistant managers, 22.7% of the respondents are Director of operations, 0% of the respondents are joint managers. INFERENCE It is observed that majority of the respondents (50%) are managers. 24 Chart No: 4.7 25 Table No: 4.8 Table showing Restaurant Type S.No Restaurant Type No of Respondents Percentage% 1. Sole Proprietor 6 27.3% 2. Joint Venture 4 18.2% 3. Franchise of Single brand Franchise of Multiple brand Total 5 22.7% 7 31.8% 22 100% 4. INTERPRETATION: From the above table it is revealed that 31.8% of the restaurants or franchise of multiple brand, 27.3% of the restaurants are sold proprietors, 22.7% of the restaurants are franchisee of a single brand, 18.2% of the restaurants are joint ventures. INFERENCE: It is observed that majority of the restaurants (31.8%) are franchisee of Multiple brand. 26 Chart No: 4.8 27 Table No: 4.9 Table showing Time Period Restaurant been in operation (before the pandemic) S.No Time Period No of Respondents Percentage% 1. Less than 1 year 1 4.5% 2. 1 to 4 years 4 18.2% 3. 5 to 8 years 11 50% 4. 9 years and above 6 27.3% Total 22 100% INTERPRETATION From the above table, it is revealed that 50% of the restaurants have been in operation for 5 to 8 years, 27.3% of the restaurants have been in operation for nine years and above, 18.2% of the restaurants have been in operation for 1 to 4 years, 4.5% of the restaurants have been in operation for less than one year. INFERENCE It is observed that majority of the restaurants(50%) have been in operation for 5 to 8 years. 28 Chart No: 4.9 29 Table No: 4.10 Table showing How have restaurants been affected by Covid-19 S.No Time Period No of Respondents Percentage% 1. Keeping the staff safe 5 22.7% 2. Unable to pay staff 5 22.7% 3. Unable to pay bills 3 13.6% 4. Transitioning to a new business model with online ordering 9 40.9% Total 22 100% INTERPRETATION From the above table, it is revealed that 40.9% of the restaurants transitioned into a new business model with online ordering, 22.7% of the restaurants were unable to pay the staff, 22.7% of the restaurants were keeping the staff safe, 13.6% of the restaurants were unable to pay bills. INFERENCE It is observed that, many of the restaurants(40.9%) transitioned into a new business model with online ordering. 30 Chart No: 4.10 31 Table No: 4.11 Table showing How have restaurants adapted during Covid? S.No Time Period No of Respondents Percentage% 1. Online ordering(selfpickup) 3 4.5% 2. Third party delivery 1 18.2% 3. Own food delivery service 14 50% 4. All of the above 6 27.3% Total 22 100% INTERPRETATION From the above table it is revealed that 50% of the restaurants adapted Own food delivery service, 27.3% of the restaurants adapted all the above, 18.2% of the restaurants adapted third-party delivery, 4.5% of the restaurants adapted online ordering (self-pick up) . INFERENCE It is observed that majority of the restaurants (50%) adapted Own Food delivery service. 32 Chart No: 4.11 33 Table No: 4.12 Table showing Percentage of customers visiting the restaurant per month (since the pandemic)? S.No Percentage of customers No of Respondents Percentage% 1. 20% 2 9.1% 2. 40% 10 45.5% 3. 50% 9 40.9% 4. 60% and above 1 4.5% Total 22 100% INTERPRETATION From the above table, it is revealed that 45.5% of the restaurants had 40% customers, 40.9% of the restaurants had 50% customers, 9.1% of the restaurants had 20% customers, 4.5% of the restaurants had 60% and above customers. INFERENCE It is observed that majority of the restaurants (45.5%) had 40% customers. 34 Chart No: 4.12 35 Table No: 4.13 Table showing How did the restaurant get orders for private events (activities) during the pandemic? S.No Orders for private events No of Respondents Percentage% 1. Always 3 13.6% 2. Sometimes 15 68.2% 3. Never 4 18.2% Total 22 100% INTERPRETATION From the above table, it is revealed that 68.2% of the restaurants got private events sometimes, 18.2% of the restaurants never got private events 13.6% of restaurants always got private events. INFERENCE It is observed that majority of the restaurants (68.2%) got private events sometimes. 36 Chart No: 4.13 37 Table No: 4.14 Table showing How optimistic are restaurants about the future S.No Orders for private events No of Respondents Percentage% 1. Slightly optimistic 6 27.3% 2. Very optimistic 11 50% 3. Neutral 5 22.7% Total 22 100% INTERPRETATION From the above table it is revealed that 50% of the respondents are very optimistic, 27.3% of the respondents are slightly optimistic, 22.7% of the respondents are neutral. INFERENCE It is observed that majority of the respondents (50%) are very optimistic about the future. 38 Chart No: 4.14 39 Table No: 4.15 Table showing What strategy did you deploy to maintain daily activities during the pandemic? S.No Strategy Deployed for daily activities No of Respondents Percentage% 1. Cloud kitchen 6 27.3% 2. Take out 3 13.6% 3. Limited seating 11 50% 4. Closed 2 9.1% Total 22 100% INTERPRETATION From the above table it is revealed that 50% of the restaurants maintained limited seating, 27.3% of restaurants maintained cloud kitchen, 13.6% of restaurants maintained takeout, 9.1% of restaurants remain closed. INFERENCE It is observed that majority of the restaurants (50%) maintained limited seating. 40 Chart No: 4.15 41 Table No: 4.16 Table showing New Strategy Adopted S.No New Strategy Adopted No of Respondents Percentage% 1. Cost cutting 9 40.9% 2. Special rates 7 31.8% 3. Investing in new technologies 3 13.6% 4. Not applicable 3 13.6% Total 22 100% INTERPRETATION From the above table it is revealed that 40.9% of the restaurants adopted costcutting, 31.8% of the restaurants adopted special rates, 13.6% of the restaurants invested in new technologies, 13.6% of the rest drugs responded not applicable. INFERENCE It is observed that majority of the restaurants (40.9%) adopted cost-cutting as a new strategy. 42 Chart No: 4.16 43 Table No: 4.17 Table showing Alternative methods for raw materials S.No Alternative methods for raw materials No of Respondents Percentage% 1. Direct purchase from old vendor 6 27.3% 2. Purchases through middleman 1 4.5% 3. Sourcing ingredients locally 11 50% 4. Direct purchase from new vendors 4 18.2% Total 22 100% INTERPRETATION From the above table it is revealed that 50% of the restaurants sourced ingredients locally, 27.3% of restaurants purchased directly from cold winds, 18.2% of restaurants purchased directly from vendors, 4.5% of restaurants purchased through middleman. INFERENCE It is observed that majority of the restaurants (50%) sourced ingredients locally. 44 CHART NO: 4.17 45 Table No:4.18 Table showing Percentage of customers who adhere to the restaurant COVID protocols S.No New Strategy Adopted No of Respondents Percentage% 1. 100% 4 18.2% 2. 75% 11 50% 3. 50% 6 27.3% 4. 30% 1 4.5% Total 22 100% INTERPRETATION From the above table it is revealed that, 50% of the customers adhere to 75% of the covid protocol, 27.3% of the customers adhere to 50% of the covid protocols, 18.2% of the covid protocols, 4.5% of the customers adhere to 30%. INFERENCE It is observed that majority of the customers( 50%) adhere to 75% of covid protocols. 46 Chart No: 4.18 47 Table No:4.19 Table showing Satisfaction level of employees and peer groups in job rotation S.No Satisfaction level No of Respondents Percentage% 1. Satisfied 8 36.4% 2. Neutral 14 63.6% 3. Dissatisfied 0 0% Total 22 100% INTERPRETATION From the above table it is revealed that, 63.3% of the employees are neutral, 36.4% of the employees are satisfied,, 0% of the employees are dissatisfied. INFERENCE It is observed that majority of the employees (63.6%) are neutral in their satisfaction towards job rotation. 48 Chart No: 4.19 49 Table No:4.20 Table showing Safety during work and travel S.No Safety response No of Respondents Percentage% 1. Yes 18 81.2% 2. No 4 18.2% Total 22 100% INTERPRETATION From the above table it is revealed that, 81.2% of the respondents are concerned about their safety, 18.2% of the respondents are not concerned about their safety. INFERENCE It is observed that majority of the respondents (81.2%) are concerned of their safety. 50 Chart No: 4.20 51 Table No: 4.21 Table showing comparison of sales to last year S.No Comparison of sales No of Respondents Percentage% 1. Slight decrease in sales 5 22.7% 2. Moderate decrease in sales 11 50% 3. High decrease in sales 6 27.3% 4. No impact in sales 0 0% Total 22 100% INTERPRETATION From the above table it is revealed that,50% of the restaurants have a moderate decrease in sales, 27.3% of the restaurants have a high decrease in sales, 22.7% of the restaurants have a slight decrease in sales, 0% of the restaurants have no impact on sales. INFERENCE It is observed that majority of the restaurants (50%) have a moderate decrease in sales. 52 Chart No: 4.21 53 Table No: 4.22 Table showing comparison of sales in private events from last year S.No Comparison of sales No of Respondents Percentage% 1. 25% 6 27.3% 2. 50% 15 68.2% 3. 75% 1 4.5% 4. Not applicable 0 0% Total 22 100% INTERPRETATION From the above table it is revealed that, 68.2% of the restaurants had a loss of 50%, 27.3% of the restaurants had a loss of 25%, 4.5% of the restaurants had a loss of 75%, 0% of the restaurants chose not applicable. INFERENCE It is observed that majority of the restaurants (68.2%) had a loss of 50% compared to February/March 2019. 54 Chart No: 4.22 55 TABLE NO: 4.23 Table showing most challenging thing in your business S.No Comparison of sales No of Respondents Percentage% 1. Loss of revenue 7 31.8% 2. Shifting staff roles 3 13.6% 3. Cleanliness and safety of guests and employees 10 45.5% 4. Creating menu with limited ingredients 2 9.1% Total 22 100% INTERPRETATION From the above table it is revealed that 45.5% of the restaurants had a challenge of cleanliness and safety of guest and employees, 31.8% of the restaurants had a challenge of loss in revenue, 13.6% of the restaurants had a challenge in shifting staff roles, 9.1% of the restaurants had a challenge in creating menu with limited ingredients. INFERENCE It is observed that majority of the restaurants (45.5%) had a challenge in safety and radius of the guests and employees. 56 Chart No:4.23 57 CHAPTER VI FINDINGS (45.5%) of the respondents are in the age group of 30 - 40 years. (72.7%) of the respondents are in the gender group of Male. (63.3%) of the respondents are married. (86.4%) of the respondents are PG graduates. (40.9%) of the respondents have an experience of 5 to 10 years. (63.3%) of the restaurants are located in South Coimbatore. (50%) of the respondents are managers. (31.8%) of the restaurants are franchisee of Multiple brand. (50%) of the restaurants have been in operation for 5 to 8 years. ( 40.9%) of the restaurants transitioned into a new business model with online ordering. (50%) of the restaurants adapted Own Food delivery service. (45.5%) of the restaurants had 40% customers. (68.2%) of the restaurants got private events sometimes. (50%) of the respondents are very optimistic about the future. (50%) of the restaurants (50%) maintained limited seating. (40.9%) of the restaurants (40.9%) adopted cost-cutting as a new strategy. (50%) of the restaurants sourced ingredients locally. ( 50%) of the customers adhere to 75% of COVID protocols. (63.3%) of the employees are neutral in their satisfaction towards job rotation. (81.2%) of the respondents are concerned of their safety. (50%) of the restaurants have a moderate decrease in sales. (68.2%) of the restaurants had a loss of 50% compared to February/March 2019. 58 (45.5%) of the restaurants had a challenge in safety and radius of the guests and employees. 59 SUGGESTIONS The restaurant should adhere to home delivery during covid times to prevent loss of revenue. The restaurants could've ensured safety to the customers by providing only 50% occupancy. The restaurants can ensure all of their employees are fully vaccinated. All restaurants should avail the cloud kitchen model so maximize the during the pandemic and doing so will increase sales in the future as well. Restaurants must try to acquire majority of the raw materials locally so it can reduce their investment cost. Restaurants must always have a backup plan when they face unpredictable losses. 60 CHAPTERVII CONCLUSION Fine-dining restaurants are always a mean to attract new customers by providing a new environment. From this finding it can be said that Fine-dining restaurants have a huge impact in the hospitality industry. It is observed that Covid-19 has left a huge dent in this industry. The restaurant’s management must also pay great level of attention to other factors such as proper sanitisation, proper safety guidelines along with equal importance to get the trust of customers. It is understood that many restaurants faced heavy losses and could not sustain in the market. However since things have settled down now restaurants can now use new and innovative strategies to climb back to the top of the industry. 61 BIBLIOGRAPHY • Dr. Arlindo Madeira, Teresa Palrão, Prof. Dr. Alexandra Sofia Mendes, (2020), The Impact of Pandemic Crisis on the Restaurant Business. ProQuest scholarly journals. • NEETA LAL, (2020), Crushed by COVID-19, India's restaurants consider radical changes. Nikkei Asia. • J. Kim, J. Kim, S.K. Lee, L.R., (2020) ,Tang effects of epidemic disease outbreaks on financial performance of restaurants. The clever quarterly. • A. Lucas, (2020), No swiping fries, ditch the reusable cup. Restaurants coronavirus measures go beyond extra elbow grease. Food network magazine • C. Pershan, (2020), Fine Dining Restaurants Are Pivoting to Takeout and Delivery. Upper Crust • Jain S., (2020), Corona Virus and Food Safety in India- Is the Panic in Customers and Hospitality Industry Warrantable?. Indian Journals. • E R Barros,(2020), Foodborne Pathogens and Disease. The research gate. • Viator c, Blitzstein j, Brophy je, Fraser a, (2020), Preventing and Controlling Foodborne Disease in Commercial and Institutional Food Service Settings: A Systematic Review of Published Intervention Studies. The PubMed. • WHO Team (2020), COVID-19 and Food Safety: Guidance for Food Businesses. WHO-Publications. 62 ANNEXURE Name Age 20 - 30 years 30 - 40 years 40 - 50 years 50 years and above Gender Male Female Marital Status Married Un-Married Educational Qualification Middle School High School UG Graduate PG Graduate 63 Experience in Food Industry Less than 1 year 1 to 5 years 5 to 10 years 10 years and above Location North Coimbatore South Coimbatore Designation Manager Assistant Manager Director Of Operations Joint Manager Restaurant type Sole Proprietor Joint Venture Franchise of Single brand Franchise of Multiple brand How long has your restaurant been in operation (before the pandemic)? Less than 1 year 1 to 4 years 5 to 8 years 9 years and above 64 How have restaurants been affected by Covid-19? Keeping the staff safe Unable to pay staff Unable to pay bills Transitioning to a new business model with online ordering How have restaurants adapted during Covid? * Online ordering(self-pickup) Third party delivery Own food delivery service All of the above How did the restaurant get orders for private events (activities) during the pandemic? Always Sometimes Never How optimistic are restaurants about the future? Slightly optimistic Very optimistic Neutral 65 What strategy did you deploy to maintain daily activities during the pandemic? Cloud kitchen Take out Limited seating Closed Did you adopt any of the following strategies as a result of the Covid-19 crisis? Cost cutting Special rates Investing in new technologies Not applicable What alternative methods are adopted for receiving raw materials (ingredients)? Direct purchase from old vendors Purchases through middleman Sourcing ingredients locally Direct purchase from new vendors What percentage of customers who adhere to the restaurant COVID protocols? 100% 75% 50% 30% 66 Satisfaction level of employees and peer groups in job rotation? Satisfied Neutral Dissatisfied Do you worry about your safety during work and travel? * Yes No What is the impact of Covid-19 on your business's regular sales compared to previous year? Slight decrease in sales Moderate decrease in sales High decrease in sales No impact in sales If your business income has fallen due to the decline in private events, what is the percentage loss compared to February / March 2019? 25% 50% 75% Not applicable 67 What is the most challenging thing in your business now? Loss of revenue Shifting staff roles Cleanliness and safety of guests and employees Creating menu with limited ingredients What strategies have you used to deal with the sales slump? 68