We can assist hotels to create a business plan and an annual budget broken down by segment. Through collaborative work sessions, we will go through a roadmap with key players to define the overall strategy of the property. Once this is approved, we will produce a budget that can be used as a point of reference throughout the year.
We will lead work sessions with key players to review and analyze:
Based on the preliminary analyses, we will be able to put together a projection including:
We will organize a meeting to discuss the above elements and define together the final budget for Topline revenues along with a clear strategy.
Once the overall strategy and business plan is approved, we will elaborate further the budget to the level of details needed by the hotel (monthly or daily).