Growth and Expansion Novecento continues to expand its footprint with new locations, such as the recent opening in Mary, Turkmenistan, and at Mary Brickell Village, indicating strong growth potential for tailored hospitality and event solutions.
Diverse Clientele The company's focus on private event spaces for a wide range of celebrations, including corporate functions and milestones, suggests opportunities to offer customized event planning, catering, and technology integrations to enhance guest experience.
Tech Stack Utilization With a variety of software tools like Ultimate Software, HotSchedules, and Joomla, Novecento demonstrates a modern approach to operational efficiency and guest management, presenting opportunities to offer complementary digital solutions or upgrades.
Market Position Operating with a revenue range of 1M to 10M and a sizable employee base, Novecento is positioned as a competitive player in the restaurant and event space, ideal for targeted sales of premium hospitality products and services.
Acquisition and Ownership Having been acquired by SuViche Hospitality Group in 2017, Novecento presents opportunities to offer scalable, multi-location solutions, joint marketing efforts, or evolving menu and service offerings to align with their growth strategy.