2026 © grmc Advisory Services Advisory Services
2026 © grmc Advisory Services Advisory Services
Posted by:
April 30, 2026
The success of waterfront destinations is increasingly driven by experience-led retail and dining, requiring a carefully curated mix that resonates with both residents and visitors.
For Eastern Village at The Wave, Al Mouj faced a strategic challenge: how to create a distinctive F&B destination that reflects the character of the development while responding to local market dynamics and consumer preferences. This required a deep understanding of the target audience, including demographics, lifestyle behaviours, and dining habits, as well as the competitive landscape within Muscat.
In addition, defining the appropriate scale, mix, and positioning of offerings required a clear assessment of catchment dynamics, including the size and spending power of the resident and visitor base across primary, secondary, and tertiary trade areas.
grmc delivered a comprehensive F&B development strategy grounded in detailed consumer and market analysis. A primary research programme was undertaken to understand target market demographics, lifestyle preferences, spending behaviour, and dining patterns. This was complemented by an in-depth trade area analysis to define catchment zones and quantify market demand and expenditure potential.
Based on these insights, grmc formulated a clear brand positioning for Eastern Village, ensuring alignment with the waterfront setting and target customer segments. This informed the development of a tailored tenant mix strategy, identifying the optimal balance of dining concepts, cuisines, and price points. The recommendations provided a structured framework for curating a differentiated and cohesive F&B offering, designed to enhance placemaking, attract footfall, and support long-term commercial performance.
The engagement equipped the client with a clear and actionable roadmap for the development of Eastern Village’s F&B component. By aligning consumer insights with market demand and location-specific characteristics, the strategy enabled the creation of a distinctive, experience-led destination. The defined positioning and tenant mix supported stronger leasing direction and enhanced the project’s ability to attract relevant operators.
Ultimately, the advisory contributed to the development of a vibrant waterfront dining destination, strengthening the overall appeal and commercial sustainability of The Wave, Muscat.
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