Originally Posted by
Aventine
The owners expected even more revenue from Osaka? It's overpriced as-is and nickel and dimes at pretty much every opportunity.
Interesting that they’d close down a proprietary F&B concept so central to the brand identity, but Hyatt issued a
press release in October 2024 announcing a series of owner-shaped updates to the Caption brand, the most pertinent of which is below:
“The reimagined food and beverage model emphasizes efficiency and flexibility with a fast casual concept and a versatile menu that transitions from breakfast to all-day options, streamlining preparation and ingredients. Owners can adopt this concept or collaborate with a third-party operator, reducing investment while keeping the offering appealing to guests.”
As such, it seems Talk Shop won’t be as heavily emphasized and owners will have the option to outsource their offerings. Other changes to the brand include some design updates to the public areas and rooms to include more color and textures, as well as “increased market flexibility”; I assume they must be aware that the brand is stagnant with zero growth prospects, which is a shame as it was touted at launch as being relatively easy to develop from financial and operational perspectives, but just didn’t seem to catch on.
khabah