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At Bottomline
Solutions, we work with owners in producing forecasts
and budgets for each unit of the hotel. The accuracy of these
for the first
years of trading is particularly critical. Our intimate knowledge
of hotels
and the hotel sector will ensure this accuracy.
A detailed plan is formulated for each sales area and for every
overhead.
This plan can be integrated into the Feasability Study and be
also used
as realistic achievable targets for the management team.
Having worked in 'real-life' hotel capital projects, we know
the importance
of ensuring that owners, banks, and management communicate effectively
and work as a cohesive team. Good communication and team work
will help
significantly in preventing cost and schedule over-runs. |
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