Redefining Performance Evaluation

Business Barometers by Alembic – our business intelligence application which multiplies our analytical capabilities several-fold.

The application effortlessly retrieves, consolidates and combines volumes of data from multiple sources for meaningful analysis. In-built flexibility allows us to view the big picture, or drill down to granular details, when required. This enables us to provide you a simplified assessment of your hotel’s performance and trends through visual illustrations with relevant comparisons.

What barometers do for you

Greater clarity

Transparent, universally accepted performance measures, for all significant areas relevant to your business.

Informed Decision Making

Make decisions after reviewing relevant information. Not with incomplete, exaggerated, or irrelevant information.

Reduce missed opportunities and risks

Prompt analysis of information that enables you to swiftly take time sensitive decisions.

Enhanced Owner Engagement

Ongoing Owner engagement through specific revenue related barometers, updated daily and accessible 24/7.

Making better sense of voluminous data

Hotels generate large volumes of financial and other performance data on an ongoing basis. Additionally, they collect competitor, social media and other data as well. The efficient consolidation and conversion of this data into usable information is essential to make the right decision.

Our Business Barometer effortlessly consolidates and combines these volumes of data. On demand, they transform the data into pertinent information for our analysis. Currently the application has six barometers, each focussing on a different facet of the business.

Big picture at a glance

Business Barometer – Flash

Overview of your property’s vital revenue performance & pace, with relevant comparisons to agreed goals, and select competitor information.

  • View important revenue measures MTD & YTD
  • Hotel’s performance vs comp. set
  • Three-month room booking pace overview
  • Hotel BAR vs comp set, three-month outlook

Expense and their impact

Business Barometer – Expense

Spotlight on prominent expenses, against agreed goals, MTD & YTD, with relevant comparisons.

  • Consolidated Income Statement per USALI
  • Focus on big ticket expenses
  • Key Expenses by Division
  • Historical data and trends by month and year

Deconstruct Revenue Levers

Business Barometer – Revenue

Selectively measuring revenues against agreed goals. Drill down from 20 K feet to ground level as required.

  • Revenue of key revenue centres
  • Details of revenue by segment & subsegment
  • Dynamic comparisons by choice
  • Updated everyday

Impact of price and volume variances

Business Barometer – Variance

Quantifies the impact of price and volume variances against agreed targets and their impact on financial outcomes.

  • Variances of key revenue & expenses
  • Room & F&B revenues by segment
  • Big ticket and key divisional expenses
  • Trends of variance in key income & expenses

PERFORMANCE AGAINST KPIs

Business Barometer – KPI

Key and other Performance indicators relevant to your hotel, against agreed goals – the executive health check of your business.

  • Hotel’s performance per universally accepted KPIs & others
  • Hotel performance vs comp set
  • Targets set on hotel relevant benchmarks
  • Performance trends over time

Validating budgets & financial forecast

Business Barometer – Forecast

Validating the business’s financial forecast of revenues, expenses and profitability as influenced by the business environment and the impact on agreed year end results.

  • Analyse validity of numbers
  • Identify and quantify opportunities and risks
  • Impact on annual results
  • Essential groundwork for the next budget