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3 Steps to Creating Cash... Increasing Profits
1. Analysis
We consult with management to build a composite picture of needs.
We conduct a detailed analysis of annual occupancy and forecasts, key market areas and performance, rate schedules, use of funds, and financial expectations.
2. Design
After careful assessment / underwriting of each property we present a detailed proposal, selecting the appropriate program.
Each client assignment is designed to meet the unique performance expectations as identified during the analysis process.
A performance contract and schedule of implementation is agreed.
3. Implementation
Upon reaching agreement, the specific details of each property are entered into our Hotel Revenue Management System (HRMS) for remarketing via the Global Accommodation InterNetwork (GAIN).
All transactions including reservations are conducted via CTEX Central Reservations, either by fax, email or property management system.
The performance of each program is constantly monitored and managed by CTEX in order to meet projected performance levels.
Results are reported each month by statement to the hotel. As instructed CTEX will purchase goods and services, pay bills, or transfer balances anywhere in the world. |