The hospitality consultant market in Mumbai is witnessing dynamic trends and a robust growth trajectory. Furthermore, the post-pandemic era has highlighted the importance of health and safety, propelling the demand for expert guidance in these areas. Key growth in this niche space can be attributed to factors which include continuous influx of tourists, need for strategic planning and upscale services to cater to the expanding market. Moreover, the integration of technology and data analytics is essential for enhancing guest experiences and operational efficiency, further fueling the sector's growth. However, challenges persist, as many businesses are reluctant to share their operational issues and practices, wherein, consultants often encounter difficulties when clients are unwilling to disclose vital information, hindering effective solutions. Additionally, there's resistance towards skill development outsourcing, with companies preferring to handle it in-house. Another trend is the desire for franchise expansion, but prospective clients often underestimate the complexity involved, believing they can navigate it independently.
In this landscape, RHPC stands out as a formidable player, specializing in tailor-made solutions to meet clients' needs and developing processes to expedite ROI and increase throughput. The inception of RHPC was driven by the vision of its CEO, Pratik Parab, an IIM Indore and IHM Ahmedabad alumnus with 17 years of experience in the field of hospitality including luxurious hotels, resorts, and American and Lebanese restaurant franchises across Asia, the Middle East, and Africa. Pratik's journey in the hospitality industry took him across the globe, but it was post-COVID-19 when the economic landscape shifted, prompting him to establish RHPC. “I take a holistic approach, identifying challenges and striving to elevate low-tier performance upward”, adds Pratik Parab, CEO.
Distinctive Approach & Frameworks for Profitable Excellence
RHPC offers a comprehensive range of services designed to propel businesses in the hospitality sector towards success. These services encompass Hospitality Consultation, Skill Development, Budget Consultation, Menu Engineering, Bar and club Development, Constraint Management, Franchising Concepts, and Expediting ROI.
With his hands-on experience in managing some of the world's top bars, Pratik brings a practically proven understanding on how bars and clubs should be developed. His extensive experience, which includes overseeing a team of 100 employees, allows him to excel at both macro and micro-level management. In addition, his education, notably at IIM Indore, equips him to guide both established firms and startups in content management and ROI optimization. For firms seeking to transition into the franchisor concept, Pratik's expertise is invaluable, as he offers insights into expanding a few new outlets to a standardized franchise model.
Furthermore, what sets RHPC apart from its competitors is its incorporation of the Theory of Constraint management framework. This unique approach
assists firms in achieving their goals through a structured and efficient methodology, emphasizing the pursuit of a perfect ROI, investment optimization, and product expansion. RHPC's commitment to helping clients make money efficiently, and taking advantage of every open opportunity, is at the core of its approach.
Additionally, RHPC integrates Kanban, a Japanese production philosophy, which complements the broader Theory of Constraint. These methodologies are instrumental in helping businesses navigate their ROI and address inefficiencies within their operations. They provide insights into optimizing resources and managing large spaces effectively. RHPC's expertise shines when businesses face challenging scenarios, such as deciding to pivot from unprofitable ventures, ensuring that investments made are treated as valuable learning experiences rather than losses. “Ultimately, RHPC's unique service approach centers on problem-solving and achieving profitability by leveraging the right mindset and methodologies”, emphasizes Pratik Parab.
Highlighting Client Success
RHPC’s unique approach helps clients in achieving their goals through a structured & efficient methodology, emphasizing the pursuit of a perfect ROI, investment optimization & product expansion
One of RHPC's notable achievements includes securing a contract with Movado Watches, a venture seeking to launch an exclusive Indian restaurant in the vein of Bokhara. Through collaborative efforts, RHPC orchestrated the development of a unique hybrid restaurant concept, currently in progress which is expected to open in Bahrain by December.
RHPC's involvement spanned crucial aspects of the venture, from assisting in recruitment to crafting a distinctive menu that aligns with the client's vision. Additionally, the consultancy provided comprehensive guidance in kitchen design, ensuring an optimal operational setup on a smaller scale. Looking ahead, RHPC continues to lead the client in finalizing the menu and strategic pricing, ensuring a seamless launch and sustained success.
What Lies on RHPC's Horizon
Since its inception in August 2022, RHPC has navigated a journey marked by successful struggle. The underlying mantra for RHPC's success is the dedication to achieving its goals in the most effective and efficient way possible. Moving forward, RHPC is gearing up for a significant shift to the Middle East region. This strategic move is driven by the higher demand for their services and the willingness of clients in the Middle East to openly share their company goals and long-term milestones. As part of this expansion, RHPC will establish a new consultancy firm in Oman, complementing its existing operations. The objective is to create a more robust presence in this region, aligning itself with the growing opportunities. In the long term, RHPC remains committed to client satisfaction. Even if it secures a maximum of two projects per year, the focus is on delivering excellence. It is a testament to RHPC's dedication to its clients, recognizing that satisfied clients become valuable referrals, laying the foundation for its continued success.