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| Finance |
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| Capital Management |
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We carried a tight management on hotel property, established strict operation procedure of property purchase, waster register, processing etc. Any purchase of fixed assets or wasted asset, have to be included in budget and approved by to owner. We attain a tallest usage of time limit, with the professional maintenance of the hotel property and the facilities. |
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| Finance& Operating Analysis |
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We have a nicety and scientific financial analysis system. We concentrated effort on researching and establishing the basis (labour force cost basis, consume cost basis, guest room average income, market share...etc.) with member hotels. For any figure deviated budget index or normal level, we will accompany the hotel making research and providing improvement strategy. |
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| Group Purchase |
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We established group purchasing center in 1996, which is responsible for purchasing and distributing the expendables, ornaments and staple material and has a number of professional purchasing managers who can make quick response to the product and price information on the market, get well informed of the purchasing standards, assist hotels on the work of choosing, determining and purchasing, and coordinate the relations between hotels and suppliers, therefore developing the utmost effectiveness of group purchasing. |
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| Cost Control |
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Strict cost control can create a higher investment repay for the owner. We hold cost analysis meeting with member hotels every month, discussing the counter plan, the establishment of system. Group finance department shares good experience of cost analysis with member hotels.
The collected materials of cost index , purchase price's information of the store is give out each hotel every month to make all of them contrast the average level and understand oneself management efficiency oneself.
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| Add: 818 Shixin Road, Xiaoshan, Hangzhou 311202, China Tel:(86)571-8288 8888 |
| Copyright©2007 New Century International Hotel Management Co., Ltd. All rights reserved. |
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