Comparative analysis of hotel and destination performance

Are you interested in how well you actually do in business? How competitive and attractive you are for the tourists? Are you in possession of financial indicators, but they do not tell you a lot?

Benchmarking or comparative analysis is a method which evaluates your own performance in realistic way by comparing your results with the results of your competitors. If, for example 70 per cent average room occupancy rate may seem good, the fact completely changes when main competitors' figure is of 80 per cent.

Using the technique of benchmarking can help you determine how well you actually perform, how competitive and attractive you are. Technique can be applied to tourist destinations and tourism companies. Each model is fully adapted to your needs, as well as at ITI you have highly qualified consultants who would always be there to find the solution to optimize your operations.

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Controlling of management and operating costs

Have you noticed that the accounts do not give a true insight into the true effectiveness and efficiency of your business? Would you like to know if you are really achieving the set objectives?

Controlling or strategic management control of costs is a key feature of the internal performance control, which is materially different from the external financial reporting and is one of the basic organizational tools for long-term profitability of companies.

ITI's financial experts advise you in selecting the most appropriate instruments that help you find and calculate key indicators. These give you appropriate information for more accurate prognosis and response to the real achievement of the goals. ITI's experts also train your employees to perform an effective & real-time control of costs.

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Optimization of business models and processes

Are you performing solidly, but would still like to increase your performance? But you do not know how? You know that you are losing the battle with modern times, yet you are aware that only minor changes are needed be back on track with the competitors?

The right answer for you is to allow ITI to help you optimize your business models and processes. We have been in the Tourism and Hospitality for decades and know them from all their hidden angles. Our dynamic young experts and their experienced supervisors can optimize your business models in a holistic way. For you they can choose the most appropriate legal form, consider the tax aspects, available grants & subsides, review your marketing and communication strategy. Further, they renew your position on the market and intensify your strengths and also find suitable substitutes for your weaknesses ... And the curve will eventually turn upwards.

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