‘Revenge spending’ drives group to expand business

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A GROUP of young entrepreneurs is capitalizing on the flourishing food and beverage sector in Cebu, which is primarily fueled by the still prevalent “revenge spending” trend post-pandemic.The owners of 1521 Bistro Bar are gearing up for an expansion in Cebu, and are in fact, actively engaged in negotiations to secure new locations for the brand’s growth.“The group aims to deliver on our promise to elevate the Cebu food and beverage scene.

The owners put in a hefty investment knowing there’s a multitude of restaurants that have sprouted in the city post-pandemic, each wanting to get a good share of the dining market that is into celebratory spending.“We really invested in our menu. We had it created by a French chef who used to work for Shangri-La Dubai,” said Padayhag.

 

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