Fine-tune revenue, expense and other levers to optimise profits.
Missed opportunities can never be regained.
Operating a hotel to its full potential requires the ability to swiftly analyse information, identify gaps, take decisions and implement them. If your core business is not hospitality, the chances are, you will not have an experienced in-house team or the tools to help you consistently do this. This often results in missed opportunities that impact profitability.
Combining our real-world experience with our unique business intelligence applications, we can effortlessly pick out and analyse relevant information to give you actionable recommendations to grab opportunities and limit risks.
What we do
Understand the playing field
Starting with a detailed property walk-through, followed by visiting the competition gives us a first-hand overview of what the hotel is up against. Studying the hotel’s SWOT completes the picture.
Consolidate historical data
We set out the protocols for data collection, followed by consolidation of historical data from financial and other statements. We highlight missing data and where it could be obtained from.
Information analysis
The meaningful analysis of selected information with appropriate comparisons enables us to develop, study and use performance indicators specific to your property.
Budget reviews
We breakdown revenues and expenses with relevant comparisons to highlight gaps and opportunities. We also analyse the various versions of the budget during the review and approval process.
KPIs
We develop key and other performance indicators that are specific to your property. We also illustrate trends of how various indicators have progressed. Providing you clear targets to be achieved.
Engagement & reporting
We facilitate ongoing owner engagement through access to specific barometers 24/7, comprehensive performance reports and one-on-one interactions with you and your management team.
Measuring Performance
We measure results against agreed targets shortly after the data is received. Consolidated results with relevant comparisons are published to dashboards that can be viewed 24/7.
Financial forecast analysis
Going beyond a summary of high-level numbers, we drill down on the hotel’s financial forecast for relevant revenue and expense details that impact the projected results for the future.