Budgeting & Profitability
Our aim is cultivating a culture of proactive management to deliver consistent profitability. Today’s business environment is exceptionally dynamic and hotel owners need regular reviews, updates and inputs to their business planning systems and processes in order to maintain success. Based on our collective expertise in understanding operational complexities and industry best practices, we provide comprehensive budgeting, business planning and profitability management services. We also assess and certify company performance based on a set of individually defined criteria across all key revenue and cost functions.
Prognosis will facilitate a transparent and efficient budgeting and capital planning process and review the annual draft budget for each hotel. We will evaluate the proposed documents and provide feedback and recommendations on changes, if required.