Hotel Cost Reduction 4M plus PACT framework

Conceived–Developed by:

PKS Management ConsultantsBangalore

Service Tax Regd. No. AYMPS8310HSD001

Problem statement

Cost in running a hotel is too much.

Conventional Methods

• Reduce the cost involved in 4 Ms

CONVENTIONAL APPROACH

4Ms

MAN

MARKETING

MATERIAL

MACHINE

PKS approach

PROCESS

ANALYTICS

CULTURETECHNOLOGY

CONVENTIONAL APPROACH

4Ms

MAN

MARKETING

MATERIAL

MACHINE

Description of

4Ms plus PACTFramework

Going beyond conventional

• In addition to conventional 4 Ms, we consider Process, Analytics, Culture and Technology also.

A example of cost cutting

Employee Attriotn Old Total Cost (5 Lakhs / Qtr)

Attrition Rate 40 %

Implementation of Cost Reduction

Strategies

Employee AttritionNew Total Cost(4 Lakhs / Qtr)

Attrition Rate 30 %

Saving 1 Lakh /

Qtr

Looking for help in reducing the cost of running your hotel?

We can help!!

An artefact of

PKS Management Consultants+91 – 97411 94285

# 9, Site No. 14/15 B, 1st Vivekanda LayoutOuter Ring Road, Marathalli

Bangalore -560037

pramod@pksmanagementconsultants.comwww.pksmanagementconsultants.com

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Thanks!!