‘It has greatly reduced my time in pulling together reports for the Development Committee and other ad-hoc requests for information regarding new signings and openings.’
Leading international hotel chain
Hotel development is as competitive as the industry itself. PKF Prospect is an online management tool that gives you control over the process from beginning to end – improving the efficiency of your whole development pipeline.
The challenge
Development teams face a range of challenges. They must identify opportunities, capture them effectively, and then actively monitor them. Moreover, throughout the deal signing process, they must be able to interface seamlessly with other areas of the business.
Some of the problems commonly encountered are:
- Developers are rarely in the office to update information
- Lack of real-time information
- Reports are time consuming to produce and require different information for senior management, finance, operations etc.
- Contact information (e.g. for hotel owners, financiers, architects) is not maintained and shared
- Other parts of the business (e.g. technical, PR, legal) do not have access to information on signings or openings.
If you would like more information please download the PKF Prospect brochure or contact:
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