This document provides an overview of enterprise performance management at Atithi Griha hotels and resorts. It discusses the company profile and vision/mission, market dynamics for tourism in India, external environment factors, business objectives and strategies. It outlines key data structures, performance dimensions and KPIs, result indicators, and the performance management system used. Finally, it discusses financial planning considerations around human resources, capital expenditures, operating expenditures, and revenue goals. The overall goal is to enhance Atithi Griha's reputation through exceeding guest expectations and delivering financial success.
Presentation covered :
1. Introduction
2. SWOT Analysis
3.Strategic Planning Process
4.Structure of the Organization
5.Control Mechanism
6.Leadership Style that I observed
7.Various strategies which incorporate in order to get listed in the list of best places to work.
Student project for the the business capstone class MGMT 449. Analysis of the Hotel Industry was conducted to determine what the relevant KSFs and KPIs were and how to improve the businesses standing in the industry.
To get the best results from implementing RESULTS.com, we recommend that you start by getting clear on the key numbers that will drive your success.
Research shows that (unfortunately) 92% of companies do a poor job of measuring Key Performance Indicators (KPI's). If that sounds like you, we can definitely help!
What are the key numbers that will drive and predict the success of your current business model? Your teams? Your key people?
\Choosing the right KPI's (and making them visible) tells your people what they need to pay attention to. In other words, KPI's drive the right behaviors.
This workshop will help you choose the key numbers that will help you identify problems early, and solve them fast. If you get these numbers right, they will drive better financial results!
Presentation covered :
1. Introduction
2. SWOT Analysis
3.Strategic Planning Process
4.Structure of the Organization
5.Control Mechanism
6.Leadership Style that I observed
7.Various strategies which incorporate in order to get listed in the list of best places to work.
Student project for the the business capstone class MGMT 449. Analysis of the Hotel Industry was conducted to determine what the relevant KSFs and KPIs were and how to improve the businesses standing in the industry.
To get the best results from implementing RESULTS.com, we recommend that you start by getting clear on the key numbers that will drive your success.
Research shows that (unfortunately) 92% of companies do a poor job of measuring Key Performance Indicators (KPI's). If that sounds like you, we can definitely help!
What are the key numbers that will drive and predict the success of your current business model? Your teams? Your key people?
\Choosing the right KPI's (and making them visible) tells your people what they need to pay attention to. In other words, KPI's drive the right behaviors.
This workshop will help you choose the key numbers that will help you identify problems early, and solve them fast. If you get these numbers right, they will drive better financial results!
TRI Hospitality's Revenue Optimization Metamorphosis contains five steps to revolutionize revenue management in your hotel: Demand Optimization, Strategic Pricing, Strategic Channels, Superior Customer Service and Monitor & Report.
The right choice of Revenue Management System
How to generate yields and occupancy.
How to manage group displacement in Hotel Bookings
La scelta del software di Revenue Management
The Post Graduate Programme in Revenue Management (PGPRM) is a one year programme including 6 months of class room learning and 6 months of on-the- job training facilitated by InterContinental Hotels Group (IHG). With Vedatya being the leader in research as well as academic discourse in the area of revenue and profit management, the programme promises to offer skills and knowledge required for a successful career in revenue management in the hospitality sector.
This advanced level specialized programme focuses at the strategic level implementation, offering valuable insights into the science of pricing and revenue management. The programme pedagogy involves contemporary curriculum, sound conceptual clarity, a spirit of enquiry through guest lectures and experiential learning through practical application. The 6 month long on-the-job training along with hands-on training through software simulation, is guaranteed to build industry ready professionals.
Understanding the market you work & compete in is very important when it comes to success.
Guest & Competitive Intelligence is where it all starts.
Here's where you begin...........................
The Suburban Hotel in Coralville, IA is upgrading & converting to a Mainstay Suites (both Choice Brand Hotels)
Take a look at our vision & what our end product will look like.
Sam Hospitality Academy Short Training Course, 2013samkelison
We are experts in hotel and restaurant staff training. Our hospitality training courses will ensure that your staff delivers the best and unparalleled service. Contact us on 082 765 9238 or email info@samhospitality.co.za for more information on our short courses.
We travel to Companies, Hotels, Resorts, Lodges and Restaurants around South Africa, Botswana, Lesotho, Swaziland, Mozambique, Zimbabwe, Zambia, Namibia, Angola, Tanzania, Mauritius and Seychelles to facilitate in house/ onsite training!!!
Are you a Hospitality Company, Hotel, Lodge or Restaurant prospective or current professional looking for a good Hospitality School/ training company in Gauteng, South Africa? Or you have just graduated from a Hotel School and you are looking to get a Certificates in the Front Office or Food & Beverage Service fields? Or are you a company, hotel manager or HR, lodge manage, restaurant, school, university, skills training centre or college looking for Hospitality Training companies, providers, short courses, learnership programmes, facilitators, assessors or moderators in South Africa? Then you are at the right place! Sam Hospitality Academy is able to provide an innovative and fresh approach to the business of hospitality service education.
If you are a student, at Sam Hospitality Training Academy & Consulting, you will have a unique educational opportunity to combine the best of several worlds, and reap the benefits of an academic programme that focuses on the hospitality student, offered in a truly international and multicultural environment.
Sam Hospitality Academy offers over 30 hospitality short course courses, most of which are accredited by CATHSSETA.
Training is offered at our campus as well as off-campus at your establishment. We also offer target training at your location to help reinforce your guidelines and implement new techniques to establish efficiency and consistency in the workplace with over 30 customized courses.
Uli Pillau from Ideas Revenue Management discusses the key areas hotels need to focus on when creating their hotel rates at the Hotel Website Marketing Conference www.hotelwebsitemarketing.com
Spot Light on Revenue Management for Small & Independent Hotelsguest13f367
This presentations shares the best practices which yielded results for properties in New York City...
This was presented in a recent Eye For Travel conference.
Marriott International, Inc. is an American diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging facilities. Founded by J. Willard Marriott, the company is now led by President and Chief Executive Officer Arne Sorenson. Today, Marriott International has more than 3,800 properties in over 74 countries and territories around the world.
East2 is a decentralised marketplace to transform travel services, powered by EDOS and traveller-focused data with flexible, dynamic, and intelligent booking experiences. Created by founders Stephen Bartlett-Bragg and John Edginton, with an experienced team from across British Airways, Cathay Pacific, Air China, and other notable airlines.
TRI Hospitality's Revenue Optimization Metamorphosis contains five steps to revolutionize revenue management in your hotel: Demand Optimization, Strategic Pricing, Strategic Channels, Superior Customer Service and Monitor & Report.
The right choice of Revenue Management System
How to generate yields and occupancy.
How to manage group displacement in Hotel Bookings
La scelta del software di Revenue Management
The Post Graduate Programme in Revenue Management (PGPRM) is a one year programme including 6 months of class room learning and 6 months of on-the- job training facilitated by InterContinental Hotels Group (IHG). With Vedatya being the leader in research as well as academic discourse in the area of revenue and profit management, the programme promises to offer skills and knowledge required for a successful career in revenue management in the hospitality sector.
This advanced level specialized programme focuses at the strategic level implementation, offering valuable insights into the science of pricing and revenue management. The programme pedagogy involves contemporary curriculum, sound conceptual clarity, a spirit of enquiry through guest lectures and experiential learning through practical application. The 6 month long on-the-job training along with hands-on training through software simulation, is guaranteed to build industry ready professionals.
Understanding the market you work & compete in is very important when it comes to success.
Guest & Competitive Intelligence is where it all starts.
Here's where you begin...........................
The Suburban Hotel in Coralville, IA is upgrading & converting to a Mainstay Suites (both Choice Brand Hotels)
Take a look at our vision & what our end product will look like.
Sam Hospitality Academy Short Training Course, 2013samkelison
We are experts in hotel and restaurant staff training. Our hospitality training courses will ensure that your staff delivers the best and unparalleled service. Contact us on 082 765 9238 or email info@samhospitality.co.za for more information on our short courses.
We travel to Companies, Hotels, Resorts, Lodges and Restaurants around South Africa, Botswana, Lesotho, Swaziland, Mozambique, Zimbabwe, Zambia, Namibia, Angola, Tanzania, Mauritius and Seychelles to facilitate in house/ onsite training!!!
Are you a Hospitality Company, Hotel, Lodge or Restaurant prospective or current professional looking for a good Hospitality School/ training company in Gauteng, South Africa? Or you have just graduated from a Hotel School and you are looking to get a Certificates in the Front Office or Food & Beverage Service fields? Or are you a company, hotel manager or HR, lodge manage, restaurant, school, university, skills training centre or college looking for Hospitality Training companies, providers, short courses, learnership programmes, facilitators, assessors or moderators in South Africa? Then you are at the right place! Sam Hospitality Academy is able to provide an innovative and fresh approach to the business of hospitality service education.
If you are a student, at Sam Hospitality Training Academy & Consulting, you will have a unique educational opportunity to combine the best of several worlds, and reap the benefits of an academic programme that focuses on the hospitality student, offered in a truly international and multicultural environment.
Sam Hospitality Academy offers over 30 hospitality short course courses, most of which are accredited by CATHSSETA.
Training is offered at our campus as well as off-campus at your establishment. We also offer target training at your location to help reinforce your guidelines and implement new techniques to establish efficiency and consistency in the workplace with over 30 customized courses.
Uli Pillau from Ideas Revenue Management discusses the key areas hotels need to focus on when creating their hotel rates at the Hotel Website Marketing Conference www.hotelwebsitemarketing.com
Spot Light on Revenue Management for Small & Independent Hotelsguest13f367
This presentations shares the best practices which yielded results for properties in New York City...
This was presented in a recent Eye For Travel conference.
Marriott International, Inc. is an American diversified hospitality company that manages and franchises a broad portfolio of hotels and related lodging facilities. Founded by J. Willard Marriott, the company is now led by President and Chief Executive Officer Arne Sorenson. Today, Marriott International has more than 3,800 properties in over 74 countries and territories around the world.
East2 is a decentralised marketplace to transform travel services, powered by EDOS and traveller-focused data with flexible, dynamic, and intelligent booking experiences. Created by founders Stephen Bartlett-Bragg and John Edginton, with an experienced team from across British Airways, Cathay Pacific, Air China, and other notable airlines.
its for those students who are in m.b.a and have no time to make a ppt so they download this one from net and show in ur class.but yes download one video on incredible india so tht u get good marks as i get.
Sustainability: People, Prosperity and the EnvironmentI Meet Hotel
Bidroom organizes I Meet Hotel, a global conference connecting hoteliers to the future of hospitality. Since the COVID-19 outbreak, we have to take our conferences online.
I Meet Hotel conducted a survey with 1000s of hotels to design a webinar more suited for hoteliers. One of the subjects that were highlighted was sustainability;
In this session, we will cover what hotels can do in terms of being a sustainable business through its management of people, business models, and environmental standards.
This webinar will feature;
Michael Ros, Co-Founder and CEO @Bidroom
Cláudia Lisboa, Technical Coordinator @UNWTO
Christof Burgbacher, Founder, and Managing Director @Consulting-Elementerre
The webinar is being moderated by Simon Lehmann, former president of Phocuswright and CEO / Co-Founder
@AJL Consulting GmbH, who is a world-leading expert and opinion leader in the online travel industry.
Visit www.imeethotel.com/webinar for more information and future events
Future of Hotel Property Management Companies in India.pptxdiyasharmaa92
The future of hotel property management companies in India is looking up, with several trends and developments shaping the industry's trajectory. It is poised for significant growth and transformation in the coming years. As India's hospitality sector continues to grow and evolve, hotel property management companies will play a crucial role in driving innovation, enhancing guest experiences, and optimizing hotel operations.
To know about key aspects that indicate the future prospects of hotel property management companies in India, check the blog - https://www.promiller.in/post/future-of-hotel-property-management-companies-in-india
The 10 Most Trusted Corporate Travel Management Companies”, we have presented the pioneer corporate travel organization providers, who have accomplished trademark by providing state-of-the-art travel solutions and are well equipped for continuing the travel-industries future.
10 most trusted corporate travel management companiesMerry D'souza
In the issue of “The 10 Most Trusted Corporate Travel Management Companies”, we have presented the pioneer corporate travel organization providers, who have accomplished trademark by providing state-of-the-art travel solutions and are well equipped for continuing the travel-industries future. The journey of our magazine begins with Cover story, Kesari Tours which is corporate travel ability provider, which believes in evolution and affluence of Indian traveling.
Data Centers - Striving Within A Narrow Range - Research Report - MCG - May 2...pchutichetpong
M Capital Group (“MCG”) expects to see demand and the changing evolution of supply, facilitated through institutional investment rotation out of offices and into work from home (“WFH”), while the ever-expanding need for data storage as global internet usage expands, with experts predicting 5.3 billion users by 2023. These market factors will be underpinned by technological changes, such as progressing cloud services and edge sites, allowing the industry to see strong expected annual growth of 13% over the next 4 years.
Whilst competitive headwinds remain, represented through the recent second bankruptcy filing of Sungard, which blames “COVID-19 and other macroeconomic trends including delayed customer spending decisions, insourcing and reductions in IT spending, energy inflation and reduction in demand for certain services”, the industry has seen key adjustments, where MCG believes that engineering cost management and technological innovation will be paramount to success.
MCG reports that the more favorable market conditions expected over the next few years, helped by the winding down of pandemic restrictions and a hybrid working environment will be driving market momentum forward. The continuous injection of capital by alternative investment firms, as well as the growing infrastructural investment from cloud service providers and social media companies, whose revenues are expected to grow over 3.6x larger by value in 2026, will likely help propel center provision and innovation. These factors paint a promising picture for the industry players that offset rising input costs and adapt to new technologies.
According to M Capital Group: “Specifically, the long-term cost-saving opportunities available from the rise of remote managing will likely aid value growth for the industry. Through margin optimization and further availability of capital for reinvestment, strong players will maintain their competitive foothold, while weaker players exit the market to balance supply and demand.”
Opendatabay - Open Data Marketplace.pptxOpendatabay
Opendatabay.com unlocks the power of data for everyone. Open Data Marketplace fosters a collaborative hub for data enthusiasts to explore, share, and contribute to a vast collection of datasets.
First ever open hub for data enthusiasts to collaborate and innovate. A platform to explore, share, and contribute to a vast collection of datasets. Through robust quality control and innovative technologies like blockchain verification, opendatabay ensures the authenticity and reliability of datasets, empowering users to make data-driven decisions with confidence. Leverage cutting-edge AI technologies to enhance the data exploration, analysis, and discovery experience.
From intelligent search and recommendations to automated data productisation and quotation, Opendatabay AI-driven features streamline the data workflow. Finding the data you need shouldn't be a complex. Opendatabay simplifies the data acquisition process with an intuitive interface and robust search tools. Effortlessly explore, discover, and access the data you need, allowing you to focus on extracting valuable insights. Opendatabay breaks new ground with a dedicated, AI-generated, synthetic datasets.
Leverage these privacy-preserving datasets for training and testing AI models without compromising sensitive information. Opendatabay prioritizes transparency by providing detailed metadata, provenance information, and usage guidelines for each dataset, ensuring users have a comprehensive understanding of the data they're working with. By leveraging a powerful combination of distributed ledger technology and rigorous third-party audits Opendatabay ensures the authenticity and reliability of every dataset. Security is at the core of Opendatabay. Marketplace implements stringent security measures, including encryption, access controls, and regular vulnerability assessments, to safeguard your data and protect your privacy.
Techniques to optimize the pagerank algorithm usually fall in two categories. One is to try reducing the work per iteration, and the other is to try reducing the number of iterations. These goals are often at odds with one another. Skipping computation on vertices which have already converged has the potential to save iteration time. Skipping in-identical vertices, with the same in-links, helps reduce duplicate computations and thus could help reduce iteration time. Road networks often have chains which can be short-circuited before pagerank computation to improve performance. Final ranks of chain nodes can be easily calculated. This could reduce both the iteration time, and the number of iterations. If a graph has no dangling nodes, pagerank of each strongly connected component can be computed in topological order. This could help reduce the iteration time, no. of iterations, and also enable multi-iteration concurrency in pagerank computation. The combination of all of the above methods is the STICD algorithm. [sticd] For dynamic graphs, unchanged components whose ranks are unaffected can be skipped altogether.
2. AGENDA
COMPANY PROFILE
VISION AND MISSION
MARKET DYNAMICS
EXTERNAL ENVIRONMENT
BUSINESS OBJECTIVE & STRATEGY
KEY DATA STRUCTURES
PERFORMANCE MANAGEMENT DIMENSIONS & KPI’S
RESULT INDICATORS
PERFORMANCE MANAGEMENT SYSTEM
FINANCIAL PLANNING
CONSOLIDATION
3. INTRODUCTION
Atithi Griha is an independent hotel chain offering hotels and resorts ranging from
family value and high-class comfort to high-end luxury.
40 hotels and resorts. Target – 6 more hotels and resorts in new locations
Employees – 1242
Revenue- INR 798 crores.
Green Features –LED Lighting, Solar Power, Rainwater harvesting, Eco-
friendly toiletries, No Plastic, Vermicomposting and Garbage Segregation.
4. To enhance and grow our reputation as one of the nation's most
admired chain of hotels and resorts by exceeding guest expectations
and delivering financial success and opportunities for our company ,our
owners and investors.
Presence in places having huge influx of international as well as national tourists.
Providing guests with distinctive Asian standards of hospitality keeping security
and comfort of our guests as our topmost priority.
Strive to achieve excellence in competitiveness, quality of service, resource
utilization, innovation and supplier performance using latest technology.
Reduction of Carbon footprint
VISION
MISSION
5. MARKET DYNAMICS
As per World Travel & Tourism Council Tourism generated INR 6.4 trillion or 6.6%
of the nation's GDP in 2012,supported 39.5 million jobs i.e. 7.7% of its total
employment
India's receipts from tourism during 2012 ranked 16th in the world, and 7th
among Asian and Pacific countries.
It is predicted to grow at an average annual rate of 7.9% from 2013 to 2023.
Medical tourism sector is expected to grow at an estimated rate of 30%
annually to reach about ₹ 95 billion by 2015.
The Ministry of Tourism maintains the Incredible India campaign to attract
foreign tourists all over the world
7. EXTERNAL ENVIRONMENT(Technology)
Introduction of Near Field Communication can transform how we welcome
guests for an exceptional stay .The Clarion Hotel in Stockholm Sweden was
the first in the hotel industry to make use of this technology on site.
8. EXTERNAL ENVIRONMENT(Legal & Social)
Legal:
As per published report of FEDERATION OF HOTEL & RESTAURANT ASSOCIATIONS
OF INDIA (FHRAI) hotels & restaurants have been included in negative list of
Service Tax till GST (Goods & Services Tax) comes into force.
The Government has accepted a proposal to adopt a system of Electronic
Travel Authorization offering multiple advantages of speed, efficiency,
convenience and flexibility.
Social:
High inflation, rising interest rates, currency volatility and a tepid demand
scenario have prioritised realignment of our cost structures, optimizing
operational efficiencies and adopting flexible business models.
We are optimistic about long-term potential of the Indian hospitality sector
9. PRESENT SCENARIO
Numerous pilgrimage center's
Emergence of India as a strong economic and political power
‘Incredible India’
Network of overseas and domestic offices
Availability of a vast rail and road network
Present infrastructure is quite inadequate to fulfill the needs of the
ever increasing number of domestic and foreign tourists.
Need to educate the masses
10. PRESENT SCENARIO(Cont.)
Offer quality services in an increasingly competitive world
Fall in number of tourists in other countries due to political
instability
Growing economic and political status of India
Huge population of India and the growing disposable income
Political Turmoil in different parts of the world
Social or political agitations within the country can disrupt free
movement
11. BUSINESS OBJECTIVE
Development of Proper Infrastructure in the country including niche products.
Promotion and marketing to increase the visibility of Indian tourism sector.
Developing in the hospitality sector to meet the growing demand of quality
human resource.
Develop hotel accommodation of requisite standards in the country to meet
the growing demand.
Undertaking Surveys, studies and compilation of statistics in the field of tourism
for policy advice and knowledge sharing with stakeholders.
To facilitate quality of services to tourists in the country
Promoting Eco-tourism.
12. STRATEGY PLAN
Optimal resources allocation
Convergence of resources of various Central & State organization
Economic interlink ages of tourism with other sectors in national, state and regional
economy
Use of ICT tools for efficient administration
Financial
Results
Hotel’s initiative is to increase revenue, one way they can do this
is by increasing customer experience to gain repeat customer
Customer
Satisfaction
Improved check-in & check-out, complimentary shuttle services,
facilities like Wi-fi & Movie-On-Demand
Business
Processes
Innovative & creative employees
Learning &
Growth
Continual employee learning & growth for their innovation &
creativity
14. PERFORMANCE MEASURE DIMENSIONS & KPI’S
Competitiveness
Financial
Performance
Quality of
Service
Resource
Utilization
Innovation
Market share percentage
Sales growth percentage
Net Profit & Goss Profit
Room & Inventory Turnover
Total Sales and Revenue
Daily Room Occupancy
Operating and Labor Cost
Interaction quality
Service quality
Hotel classification Rating
Training & development
ICT usage
Equipment breakdown freq
Employee turnover surveys
Performance Appraisal
Individual Innovators
Innovation process
ATITHI GRIHA
15. RESULT INDICATORS
Competitiveness
Sales growth
Customer satisfaction surveys
Relative market share and position
Measures of the customer base
Financial
Total Revenue Achieved
Profitability ratios
Operating & labor cost
Turnover & liquidity raios
Service Quality
Hotel classification rating
Interaction quality
Outcome quality
Service environment quality
Innovation & Resource
Utilization
Innovation process and
Individual innovators performance
Performance Appraisal
ATITHI GRIHA
16. PERFORMANCE MANAGEMENT SYSTEMS
We are using ResortSuite as our Performance Management System.
ResortSuite PMS gives us various interfaces to make
Superior guest relationship management,
Richer business performance analysis
Great centralized intelligence.
ResortSuite has been built on Oracle database server, which benefits us with its
incredible performance, scalability and reliability.
ResortSuite also extends this unique, guest-centric design with data mining
capabilities and integrated one-to-one e-Marketing, Social Networking, Web
and Mobile user experiences.
17. FINANCIAL PLANNING
HR Plan
7% scaling up of Human resources across customer acquisition, resort
operations and corporate areas.
Capex plan
240 new rooms, including our third wildlife resort are under planning
and construction, which is expected to roll out by 2015-16- estimated
250 crores.
Ten of our already operational resorts will be renovated with most
modern facilities, to go with the market tastes.
‘Acquire and Build’
18. Opex plan
Tie-ups with government
Investment in systems, process – New ERP and ensured internet
connectivity
Energy consumption systems
Revenue plan
Funding from membership fee and internet accruals
Discontinue low revenue plan to increase average realization
per member to 3.5 lakhs.
FINANCIAL PLANNING (Cont.)