Interim Beverage Management Agreement

As the hotel and restaurant industry continues to thrive, so does the need for temporary and specialist solutions for various departments within these establishments. One such area that requires strategic management and planning is the beverage department, which is why interim beverage management agreements (IBMAs) are becoming increasingly popular.

An interim beverage management agreement is a contract between a hotel or a restaurant and a third-party agency or an individual, usually a consultant or an experienced beverage professional, who is tasked with overseeing the beverage program of the establishment for a limited period. The IBMA is designed to provide the establishment with a knowledgeable and experienced professional who can create and implement a beverage program that aligns with their business goals, while ensuring the program remains profitable and efficient during the interim period.

The key benefit of an IBMA is flexibility. A hotel or restaurant can bring in an interim beverage manager for a variety of reasons, including the launch of a new restaurant, during a period of transition or restructuring, or when there is a need to develop and implement a new beverage program. The flexibility of an IBMA also means that they can be customized to meet the specific requirements of an establishment.

The IBMA can be structured to include a wide range of services. Typically, the manager will work with the establishment`s management team to assess current operations, identify areas for improvement and growth, and create a beverage program strategy that addresses these needs. The consultant may also implement changes to the establishment`s bar and beverage operations, develop and train staff, and handle procurement and inventory management to ensure that the establishment can serve high-quality drinks, meet consumer demand and remain profitable.

By using an IBMA, hotels and restaurants can leverage the knowledge and experience of beverage industry professionals without having to commit to long-term employment. Furthermore, the IBMA can be a cost-effective way to achieve the desired outcomes as the consultant is not a permanent employee and is paid an agreed upon fee.

In conclusion, interim beverage management agreements are an excellent way for hotels and restaurants to benefit from specialist expertise and improve their beverage offerings in a flexible and cost-effective manner. By working with capable professionals, IBMA allows establishments to develop and implement tailored beverage programs that increase revenue, improve guest satisfaction, and enhance overall brand perception.

Scroll to Top