Colliers: Al fresco concept to help retail sector recover

CEBU, Philippines —  To encourage more people to dine out and go to the mall to bring back the retail industry’s luster, landlords are called to highlight al fresco feature on top of the strict implementation of health protocol.

Real estate services provider Colliers Philippines advised landlords to highlight the availability of al fresco dining, establish hygiene and sanitation regulations in their respective establishments, rethink allowable densities of cinemas and food courts, and further promote e-commerce platforms.

This is to boost consumer confidence in going out and refuel the brick and mortar retail sector.

According to the Philippine Statistics Authority (PSA), household spending fell 7.9 percent in 2020, a slower rate than the 5.9 percent increase in 2019.

The government has been proactive in adapting measures such as the implementation of safety seals to help regain consumer confidence while ensuring that safety protocols are still properly enforced. Colliers recommends that landlords highlight the availability of al fresco dining, establish hygiene and sanitation regulations in their respective establishments, rethink allowable densities of cinemas and food courts, and further promote e-commerce platforms.