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The Buyer's job: a source of savings that needs to be optimised

3 min reading time

Published on 28/09/05 - Updated on 17/03/22

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Not so long ago, hotel groups developed specific tools to better master and optimise their purchases.The diversity of implantations and the high number of articles concerned limited the development of the position. Economic constraints has given this position a new strength.

The post-9/11 air pocket provided a powerful reminder of the need for sustained control of operating costs. After payroll, purchases represent the largest share of a property’s operating costs: 20% of the revenues on average, over 30% for restaurant services. In lean years, controlling buying costs...

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