When a leading global hospitality management company needed to improve profitability at one of their luxury properties, they called on Next Hospitality. By partnering with us, they increased gross operating margins by 80%—and secured management contracts for 14 additional properties.
Just like we did for them, our team can become your trusted profitability advisors. We go beyond one-time consulting to provide ongoing guidance that delivers real, lasting results.
For this luxury brand, we conducted deep analysis of their food and beverage operations and developed a data-backed roadmap. Our hands-on approach included:
- Menu Engineering: We optimized offerings and pricing to drive profitability.
- Staffing Evaluation: We aligned labor to demand patterns to reduce costs.
- Sales Strategies: We boosted banquet and catering revenue through improved sales tactics.
- Procurement Optimization: We sourced products to reduce costs without sacrificing quality.
And our work didn’t stop there. We provided coaching and accountability to ensure the roadmap was followed and yielded the intended ROI. Within a year, their property increased margins by 80%—and we secured 14 more contracts.
Don’t settle for lackluster performance. Let us unleash your property’s full profit potential.