Case Study: Streamlining the reporting and financial processes across the portfolio – International Hotel Operator Group
The hotel business has become increasingly complex. This means the need for timely and well-structured financial reports and planning documents, that could be fulfilled through digitalized reporting.
Consolidation – Hotel key figures at group level
To meet the challenging demands of the controlling and steering function, head offices of large hotel companies must be able to access all revenues, costs, and relevant hotel key figures quickly and easily. The level of detail of the analysis should be flexibly adjustable so in the event of deviations from targets, it is easy to switch from the group, country, or cluster level to the hotel level.
How to jump-start financial planning for post-Corona scenarios
Everyone is affected by today’s global pandemic situation, and the hospitality industry is one of the hard-hit industries. However, there is one truth: There will eventually be an end to all of this and businesses will resume its normal operations, whatever that new normal may be.