One Cost Director, Paul Corner adds;
“This has significant benefits for One Cost and our clients as, due to the size of the properties, our buying power grows rapidly and significantly. What is encouraging is the level of savings we have been able to identify for these businesses. This gives us great confidence that we can deliver substantial benefits for these properties.
We are keen to talk to other independent London hoteliers who are looking to improve margin as we feel certain that we can identify huge profit opportunities.”
As a small independent group this has helped us manage our profit margins better via timely changes to our pricing strategy based on price movements tracked through their monthly reports.
One Cost is presently working with us to develop monitoring processes for our brand standards such as bedroom supplies and house pouring brands which will give us detailed analysis of both compliance and the ongoing cost of these importance areas of spend.
Their input has certainly provided additional strength to our business giving us the buying power and procedures many of the larger hotel groups take for granted. The added bonus for us is that there is no direct cost for the work they do.
Tom Daffurn – Director, POFR C.I.C, Classic Hotels