INFORICK CORP. takes the time to ensure that the Mission Statement is not just a document but a work in progress. Through INFORICK CORP. implementation of these systems we are able to operate our hotels from the owner’s perspective, be good brand partners, and have an open and honest environment to ensure we have fun while improving the assets we manage.
Business Plan.
The strategic business plan created by INFORICK CORP. for each hotel is the property’s blueprint for success. This carefully thought out plan includes a realistic operating budget, a capital improvement budget and a sales and marketing plan. All such budgets and plans are consistent with current franchise and local market requirements; they must be approved by ownership before implementation.
Operations.
INFORICK CORP. sets and carefully monitors meaningful cost controls. Rates are structured, checked daily through our guest tracking report and changed as market conditions warrant. Rate maximization via yield management is an integral part of the operations strategy. Payroll is analyzed daily, energy costs controlled, preventive maintenance programs are established, and an extensive Policy and Procedures Manual is utilized by property management.
Personnel
Integral to a hotel’s success is its manager. INFORICK CORP. has taken pride in being able to find and keep the most competent managers for a given hotel property. Furthermore, the best available personnel are found for all operational areas; a key to our success is the longevity of our employee associates, both in the home office and in the field. The company is well versed in ongoing Federal Regulations regarding personnel such as ADA, OSHA, FMLA and COBRA.
Renovation & Purchasing
The company has developed close relationships with many suppliers and manufacturers. Due to economies of scale, purchasing power is realized. While saving ownership unnecessary expenditures, quality renovations are achieved.