WSJ: Food Financials at the Westin

An article in the Wall Street Journal about the Westin Harborview Hotel in Portland reports that strong food/drink sales at the Top of the East and other part of the hotel for a big role in its financial success.

New Castle President Gerry Chase is projecting revenue this year from the bar at $1.2 million, which would be more than double what it was before the renovation. April brought sales of $130,000, compared with previous years when that month had revenue of $15,000 or less, he says.

The bar’s success is one reason the hotel’s food-and-beverage revenue accounts for nearly half the property’s overall revenue, Mr. Chase says.

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