Eye on Innovation: Flow-Through Business Analysis
More Info on Flow-through Business Analysis: Flow-Through Viewpoint
|ATLANTA, GA - May 26, 2009 -- Softscribe Inc.'s "Eye on Innovation"
solution series is a monthly video press release that gives hotel operators
a quick boost in business confidence by spotlighting a technique, idea
or strategy that can improve topline revenue, guest loyalty or operating
Joseph S. Bello, CHA, vice president, asset management, Inland American Lodging Advisors, Inc. and the Inland Asset Management Team.
Warren Winslow, CPA, CHAE, CHTP, Corporate Controller for Peabody Hotel Group
Where they innovated:
At 103 properties controlled by Inland American Lodging Advisors (IALA) and owned by Inland American Lodging Corporation.What they innovated:
At Peabody Hotel Group, which operates three of its own branded properties and six additional hotels with Hilton and IHG flags.
First, both leaders automated the flow through reporting process that calculates after budget profitability for departments, properties and hotel groups. Then, they used the tool to develop stronger managers.
“A low Gross Operating Profit flow-through triggers greater focus on a hotel by our asset management team, as well as our various management companies. This helps us develop critiques and action plans together that ultimately maximizes ownership value.” – Joseph Bello
The professional team at Aptech Computer Systems, Inc. with Aptech’s Executive® business intelligence tool.
Can you innovate too?
1. Focus on flow-through whether you calculate it manually or
with an automated system.
About Softscribe® Inc.
Julie Keyser-Squires, APR
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