Business planning

The annual business plan should reflect the uniqueness of the property, focusing on strategic tactical plans to achieve clearly defined financial objectives.

The business plan requires a complete collaboration from the property level personel, corporate operations and ownership to ensure success.

This process is both educational and quantitative to create a sense of authorship and ownership.

To ensure total property "buy-in" to the budgeting and marketing plan process, PHP has authored work books and CD templates for the production of the following:

  • Annual zero based operating budget
  • Capital improvement plan
  • Rooms division marketing plan
  • Food & beverage marketing plan
These proprietary workbooks and accompanying CDs are distributed with a production schedule that outlines the time line for research, strategy development, working draft submission and final presentation.

PROVIDENCE HOSPITALITY PARTNERS---|---303-831-1114 ---|---1888 N SHERMAN ST., SUITE 610, DENVER, CO 80203