Which property types include on-site F&B?
F&B is integrated into hotel, resort, luxury, boutique-hotel, casino-resort, marina, golf-course, life-science campus, trophy office, stadium, theme-park, convention-center, food-hall, and corporate / hospital / university campus. F&B IS the property type for restaurant, bar-nightclub, cafe-coffee, ghost-kitchen, food-hall, catering, brewery-winery — see the FOOD AND BEVERAGE sector hub.
How is on-site F&B different from a standalone restaurant?
Standalone restaurants (FOOD AND BEVERAGE sector) are operating businesses where F&B is the entire revenue model. On-site F&B is a revenue line + amenity layer within another property type (hotel rooms, golf course rounds, stadium events). USALI 11th Edition tracks on-site hotel F&B as a Schedule 4 minor operating department; standalone restaurants run their own P&L without USALI overlay.
How does F&B affect property valuation?
In hospitality, F&B revenue mix above 30% of total revenue (typical of resort + luxury) drives TRevPAR-based valuation premium. In marina, F&B revenue per slip is a comparable metric to per-foot rate. In stadium / theme-park, per-capita F&B spend is the second-largest valuation lever after attendance. In trophy office, in-building F&B is increasingly required to compete for tenants — affects rent + occupancy.