Park Plaza Hotels Selects CPMview and BOARD

Originally published March 19, 2010

BOARD along with their Business Partner, CPMview Consulting recently announced their latest client, Park Plaza Hotels.

Having reviewed several reporting solutions, Park Plaza Hotels has selected CPMview and Board International for the development of a new set of reporting solutions. The bespoke user-friendly and flexible system will provide Park Plaza Hotels’ management with more detailed performance reporting tools. In addition, for the new Park Plaza Westminster Bridge London and for Park Plaza County Hall London, Park Plaza Hotels is required to provide Profit & Loss Statements on room level. Such high level of detail proved too difficult and laborious for the systems currently used by the company hence Board and CPMview were brought in to assist. The new system will enable the company to focus on key analytics and support its hotel and general management in their decision-making.

Initially the implementation, carried out by CPMview Consulting, will focus on creating a profit & loss account at room level and the top-10 reports used to manage and control the hotels. Once this first step has been completed, the project is likely to extend to areas such as forecasting on a day-by-day basis, segment profitability analysis and sales displacement.

Chen Moravsky, Chief Financial Officer at Park Plaza Hotels says “The ease of use for hotel and general management is one of the main reasons for us choosing BOARD. The software allows us to support different areas of the business with just one tool.”

Moravasky continues: “With CPMview we have a trusted partner that knows our business and understands our challenges. They will work side by side with us to implement BOARD. We look forward to finishing the first stage of the project, and continuing the project to further expand our analytic capabilities.”

Rutger van den Berg, Managing Director CPMview Consulting comments “Analytics are key in running a successful hotel. Park Plaza Hotels is very aware of this, and is driven to make the implementation of BOARD a success.”

Jessica Venturini, Business Development Manager at BOARD International adds “ We are delighted to be working with Park Plaza Hotels and look forward to helping them bring added value to their business. BOARD offers reporting, dashboarding, analysis, consolidation, simulation and planning in a single "programming-free" product, allowing customers to quickly implement integrated BI and CPM solutions."