CUSTOM MANAGEMENT AND OUTSOURCING
Wherever you are on your hospitality business journey, we can help you go further
CHROME’s custom management and outsourcing options enable your hospitality operations to adapt to demand and growth in real-time. Outsourcing specific services or departments can significantly reduce your operational costs, giving you both flexibility and the advantage over competing hospitality operations.
CHROME specialists will separate your operational and strategic tasks to devise a custom management that is perfectly suited to the unique character of your hotel or resort to substantially improve your business results.
Benefits of outsourcing specific services or departments include access to intellectual property, wider experience, and knowledge as well as a larger talent pool, the best operational practices that would be too time-consuming or difficult to develop in-house, enhanced capacity for innovation, improved quality of services, reduced time to market, and considerable cost savings. A tangible upside to your overall operations, CHROME custom management improves the quality of your services and operations, enabling you to focus on your core business.
OUTSOURCING REVENUE MANAGEMENT
CHROME is offering the best solution to the shortage of well-qualified revenue managers by providing a viable alternative to hiring your own revenue professional.
Our competent and experienced senior revenue managers will manage demand and profitability for every revenue stream in your hotel or resort. CHROME delivers high-precision, proactive, total revenue management by handling your complete day-to-day revenue management from pricing, distribution, forecasting, reporting, and channel management. Our team of revenue management specialists will capture all your specific untapped revenue and profit potential to maximize the revenue of your hospitality business in both the long and short term. CHROME revenue management package includes:
- Daily analysis of business and market trends
- Study of competitors, price benchmarking, and price structure implementation
- Yielding and revenue management
- Contracting and maintenance of all online channels of distribution
- Budgeting and forecasting
- Daily, weekly, and monthly reporting
OUTSOURCING ACCOUNTING & FINANCIAL SERVICES
Running a hotel or resort involves a lot of moving parts. CHROME accounting and financial experts will make sure that business data overload and a range of daily responsibilities don’t overshadow your core challenges – such as financial health, which is the very foundation of all your operations.
The unique nature of hospitality operations accounting may not be familiar to accountants from other industries and demands a thorough specialist knowledge of the industry. This is where CHROME financial and accounting experts, with a long track record, step in.
A crucial part of our custom management package, our accounting and financial services ensure sound and efficient financial operations and increased business agility. Depending on the character of your hospitality business and your particular needs, our range of accounting and financial services includes:
- Capital and Cash Flow budgets and optimization
- Operational Budgets development
- Monthly P&L
- Balance Sheet
- General Ledger
- Periodic property and financial audits, with proper depreciation of assets
- Processing payroll, including monthly and quarterly reports
- Strategic financing and recapitalization planning
- Accounts receivable and payable
- Hospitality accounting specialists
- Accurate, timely, and transparent reporting
CHROME accounting and financial services are characterized by strong internal controls in place and state-of-the-art key metrics for all the financial elements. Our practical and progressive accounting and financial services enable you to make insightful business decisions and significantly improve your bottom line.
MAINTENANCE, TECHNICAL, AND PROJECT PLANNING CONSULTING
CHROME custom management package includes the services of managing, technical and project planning, along with optimization of costs and control of expenses related to every aspect of hotel maintenance department operations.
Besides ensuring that all your hospitality facilities and equipment are in the right condition and function smoothly, with no interruption, our on-hands expertise ensures your maintenance moves away from corrective or reactive maintenance towards preventive, risk-based, or condition-based maintenance.
Our maintenance specialists deliver all-around technical and project planning of both large and small-scale projects, from refitting or thorough renovation of your restaurant, halls, or rooms to investing in a new hotel.
CHROME tackles maintenance as a strategic investment that has a direct positive impact on customer loyalty and satisfaction. Intelligent custom management of maintenance, technical and project planning means the operational control based on well-organized data that altogether reduce medium and long-term costs, improving your revenue and resolution times.
SALES & MARKETING CONSULTING
To achieve full potential for your hotel on the market hotels need to establish the right departmental organization, introduce high operating standards, align sales and marketing strategy with the newest trends in the industry, maintain relations with clients, establish account management procedures, invest in sales and marketing channels, and maintain reputation.
If you already have a team that needs guidance and introduction to the newest trends, the CHROME Sales & Marketing consulting team can help you achieve those goals. We will create plans and goals, monitor the execution of those plans, mentor your team, and introduce high operating standards and reporting procedures.
REACH OUT TO US
We love to listen and we are eagerly waiting to talk to you regarding your project. Get in touch with us if you have any queries and we will get back to you as soon as possible.