Dive into an engaging conversation with Felix Bendersky, a seasoned expert in the hospitality industry, as he unpacks the complexities of Miami's restaurant market. From the impact of COVID-19 on the influx of major restaurant groups to the regulatory hurdles like grease traps and permit delays, Bendersky shares insights into the factors shaping Miami's hospitality sector. The discussion reveals how rising costs, regulatory complexities, and market saturation are influencing both new ventures and established entities. Bendersky offers a detailed analysis of the market dynamics, including the advantages of second-generation restaurant spaces and the strategic moves necessary for businesses to thrive amid the city's shifting landscape.
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