Do you know what amenities and service contracts expire this year?
Start by getting copies of all your amenity and service contracts. Create a matrix that will allow you to sort and track them by property, by provider, and by expiration date.
Start by getting copies of all your amenity and service contracts. Create a matrix that will allow you to sort and track them by property, by provider, and by expiration date.
In Part 2 of Steps to a Successful Amenity & Ancillary Service Program, Andrew discusses the importance of analyzing your agreements. Implementing an effective Ancillary Services program requires more than just a casual glance each year or two at the services and revenue they generate.
There are steps to be taken to ensure a successful amenity and ancillary program. The first step is getting a handle on your agreements.
Just as a “Cat 5” hurricane packs the most wallop, missing out on key ancillary service opportunities could have a devastating impact on your bottom line.