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!!
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