BSC Best Practices Sharing – Our Business
1. Importance of ownership and establishing lines of communication ▪ Overall responsibility of DoF but collaboration with all HoDs ▪ Each HoD should own their respective P&L
2. Adhere to the Forecast Sequencing
Preliminary Forecasting Discussions with ExCom
• Room Revenue Management • F&B P&L • A&BP expenses adjustment • Labor Costs
Soft Forecast
Final Forecast
3 rd /4 th
26 th
Last week of the month
Monitor the expenses daily
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