SHS Corporate offices approves property level budgets, adheres standard operating procedures and conducts regular revenue audits and property reviews. SHS also monitors portfolio occupancy statistics, weekly revenue conference calls, income and expense forecasting, payroll analysis and weekly GM-DOS sales meetings. SHS reviews end of month revenue comparatives, market share position, guest satisfaction results, profit and loss variances, manager action plans, turnover rates and A/R Aging balances. Assistance is provided to hotels that need assistance in reaching their goals and objectives.
Prepare hotel business plans which provide our properties with a smart path to succeed. SHS utilizes strong operating standards, proven sales and marketing initiatives, and efficient tools to reach our goal. Specific action plans for each of the key core values will enable us to drive revenue, improve profit margins, gain market share, and increase ownership value.