The financial controller of each Partner hotel is led by both the DMS chief Financial Officer and Group Financial Controller.

Detailed planning, control and reporting processes are implemented:

·         Robust internal property control

o    Strong purchasing control disciplines

o    Detailed weekly forecasting of revenues and planning payroll costs

·         Accurate, detailed and timely monthly profit and loss, balance sheet and cash flow reports

o    Rolling three-month profit and loss forecasts, updated weekly

·         Close monitoring and forecasting of cash flows

o    Benchmarking of key performance indicators against other Group properties

In addition, Partner Hotels benefit from:

·         The implementation of a thorough annual budgetary process, involving key hotel management

o    Support from our experienced central finance team with extensive business support, analytical and negotiating skills

o    Support from our experienced team of finance professional bases across the property Group network.