Hospitality
Hospitality Cost Reduction Strategies: You Save or You Don't Pay
Margins are tight in hospitality. Let's expand them. On average, we find about 28% in immediate cost savings for Restaurants and Hotels in areas like Credit Card Processing Fees, Waste management, Telecommunications, Linens, Breakroom and Cleaning Supplies, Utilities, and FICA payroll tax expenses.
We focus on your expenses so you have more time to focus on your customers, and then we take it one step further and manage your vendors for you on and ongoing basis making sure they don't raise their prices over time and deliver the value that you expect. We are your expense management Watchdogs!
Where the overhead hides
The costs worth reviewing here
- Thin margins hit hardest by recurring fees and supply agreements
- Service contracts set once and never revisited
How it works
A risk-free review, in three steps
Benchmark
We compare what you pay against market data for organizations of your size and profile. The gap is where the savings live.
Renegotiate or correct
We renegotiate the agreements you already have or surface the billing errors inflating them. In most cases you keep your current vendors.
Monitor
We watch the line items going forward so rate drift and quiet auto-renewals do not unwind the savings.
See what we would find
The review is independent and risk-free. We work out of the savings we find. If there is nothing to find, there is no fee.
