Tel: + 2 0100 1820917
E-mail:info@horofgroup.com

  Home    |    About    |    Services    |    Our Clients    |    Contact

ÚÑÈí
   
  Financial Consultations
 
  Amusement and Business Centers
 
  Hotel & Touristic Consultations
 
  Economic Feasibility Studies
 
  Technical Services
 
  Pre Opening
 
 

Hotel & touristic Operation Section

 
  Assets Management
   
   

Financial Consultations

 

 

Experienced accountants and auditors whose high scientific qualifications cover all activities and fields through one of our offices which is a member of an international vocational institution. These accountants and auditors are responsible for:-
Providing different taxation consultations and taxation planning relevant to different types of activities and taxes.
Designation and reshaping of financial and administrative systems of different activities by cadres enjoying great financial experience and obtaining the most elevated scientific qualifications in this field.
Preparing the financial studies necessary for making negotiations with banks (finance – rescheduling and funding of debt).
Providing the services required for setting up different companies (joint stock companies, limited partnerships, joint-liability companies …etc).
Making merging and separation procedures as well as procedures required for evaluating companies.
Performing procedures required for modifying and converting associations of members into stock companies.
Registration of companies in the stock market.
Experts in social insurances.

 

Amusement and Business Centers

Our company has distinguished marketing and sales experts who enjoy a long experience in dealing with the Egyptian market and its needs. Our company provides the following services through these distinguished cadres:

Experts in the field of consultation and administration of entertainment centers.
Experts in the field of consultation, administration, marketing and selling of business centers.
Preparing feasibility, marketing and financial studies for different fields of activity.
Providing all touristic, commercial and entertainment projects with marketing and sales studies.
Supervising the implementation of marketing and sales plan of all touristic, commercial and entertaining projects.
Our company does undertake tasks of supervision of the technical and marketing aspects of numerous entertaining centers, clubs and business centers projects as follows:
– Supervising technical, marketing and operational studies relevant to Syndicate of Applicants Club in Kattamia.
– Supervising technical, marketing and operational studies relevant to Syndicate of Applicants Club in Alexandria.

 

 

Hotel & Touristic Consultations

Our company contains notable experts in tourism & hotels in Egypt who have more than twenty five years of experience in dealing with international administration companies. We does provide the following services through these notable cadres:-

Attraction of international administration companies for administrating or leasing hotels as well as making negotiations and auditing contracts included and entered into with these companies.
Auditing hotels leasing or administration contracts that are planned to be signed with international administration companies.
Representing hotels owning companies before international administration companies for carrying out supervisory and following up tasks required for pre-opening and operation phases.
Representing touristic establishments before Ministry of Tourism and all governmental authorities as well as obtaining all the required licenses; importing approvals; and customs and taxes exemptions of sets and equipments required for the needs of the projects.
Providing mediation services between Egyptian and foreign investors for sale and purchase of different hotels throughout Egypt.
Numerous long experienced experts make evaluation of hotels & touristic establishments on the basis of the studies that are made on the market and its needs.
Re-organizing relationship between investors and different lending banks through agreements, recommendations and studies resulting in organization and improvement of the relationship between them.
Re-qualification and development of performance in hotels and different touristic and entertaining establishments through the training courses that are provided to the employees by distinguished cadres enjoying a long experience acquired in the field of hotel services resulting from working with international administration companies whereas Our company aims at attaining the highest possible levels of hotel services.

 
 

Economic Feasibility Studies

Through its cadres and experience of its employees, our company is capable of making economic feasibility studies of hotels and touristic projects in which it makes the best use of the available comprehensive and excellent data and information on advantages, disadvantages and problems of all tourist areas in Egypt. Accordingly, these studies have a great creditability and conforming greatly to reality revealed in the implementation of projects.

The basic elements of these studies include:

Perfect study of the project area and market requirements.
Making a scientific study of competitors in the area and realizing advantages and disadvantages of each of them.
Designating the best elements of the project in accordance with market requirements which will later facilitate marketing of the project.
Visualizing the appropriate general characteristics that will distinguish the project.
Initial designation of components and preparations required for the project in accordance with the conditions of the Ministry of Tourism.
Drafting the estimated budget of pre-opening expenses.
Making a financial study explaining the estimated revenues of operation for 10 successive years.
Drafting the approximate budget of the operating capital required for initiating the project operation.
Studying all elements of long term and short term marketing plans of the project.
According to the aforementioned study, possible financing methods will bereviewed and cash flow tables will be prepared.
General recommendations for success of the project.

 

 

Technical Services

Preparing & qualifying different vocational cadres required for success of the projects especially hotel, touristic and entertaining projects.
Development of performance in different companies as well as touristic and entertaining establishments.
Preparing and auditing employment contracts; leasing contracts concession rights; contracting works … etc.
Investigating clients’ opinions in all touristic and entertaining establishments.
Organizing exhibitions and conferences as well as attracting sponsors for them.

 

 

Pre Opening

Engineering Support:

  • Re-planning and modifying the building drawings to correspond to hotel specifications.

  • Supervision of & controlling work with the site consultant.

  • Supervision of all engineering details relevant to operation of (air conditions – computers – satellite – restaurants and kitchens preparations).

  • Supervision of agricultural drawings and specifications as well as consumption of irrigation water.

  • Making sure that all technical specifications comply with conditions of Ministry of Tourism in accordance with their hotel category.

Financial support:

  • Auditing and supervising the approximate budget of the pre-opening expenses.

  • Auditing & supervising the approximate budget of the working capital.

  • Auditing & supervising the approximate budget of the first year of operation and other five years.

  • Technical supervision of all purchases relevant to the hotel and monitoring their prices during the pre-opening phase.

Purchases:

  • Auditing purchases manifests relevant to assets and hotel preparations.

  • preparing and auditing purchases manifests relevant to operation, food and beverages.

  • Technical support for food and beverages:

    • Approving the statement of devices, preparations and equipment required for kitchen and restaurants Section.

    • Help in preparing lists and prices of food and beverages.

Marketing and sales:

  • Auditing and supervising the preparation of marketing and sales plan of pre- opening period to ensure guests flow as well as preparing studies on competitors, prices and touristic companies.

Human resources and training:

  • Choosing the best vocational elements and cadres appropriate for the nature of work.

  • Making the best choices and preparing contracts of higher administration cadres such as (General Manager –financial director –food and beverages Director –Director of sales & marketing).

  • Preparing the training programs required for the pre-opening period and the training plan during operation in order to ensure continuous development of employees ‘ efficiency.

  • Updating data of human resources Section in accordance with wages & salaries offered by competitors.

Auditing contract of managing company:

  • Integrated technical reviewing of hotel aspects included in the management contract and its provisions.

  • Ensuring the sound composition of the contract to preserve all the owner’s rights.

  • Obligating the managing company to comply with all common hotels provisions which will in its turn preserve the rights of the owner company.

  • Reviewing the marketing and sales plan submitted by the managing company.

  • Reviewing approximate budget of the first year of operation submitted by managing company.

  • Reviewing the employment structure suggested by the administrating company.

  • Preparing a comprehensive technical and financial report for the owner on the contract revision results.

 

Hotel & touristic Operation Section

Financial Department:-

Auditing and supervising the following monthly

Financial reports:-

  • Analysis of the whole operation budget.

  • Auditing the financial situation.

  • Revenues of the following Sections: ( food, beverages and other Sections).

  • Sales expenses (food, beverages, rooms and their extensions).

  • Salaries and wages.

  • Total operation profits.

  • Auditing banks accounts.

  • Creditors and credited manifests.

  • Revision of inventory and minimum of available items.

  • Investigating obligations relevant to governmental authorities (taxes, social insurance, electricity, water, and telephone lines).

  • Auditing and approval of fixed and variable assets.

Marketing & sales:

  • Auditing the annual marketing budget; average rooms prices and occupancy percentage.

  • Auditing data of the competing hotels and the portion of the hotel in total market.

  • Preparing and auditing advertising budget.

  • Preparing touristic exhibition and indicating usefulness of participation.

  • Examining marketing policy.

  • Examining the pricing policy and the credit limits of the touristic companies.

  • Auditing the prices of services sold in the hotel (Telephone, laundry, and health club).

Operation:

  • Continuous inspection of different services for ensuring the implementation of all sound operation rules.

  • Approval of the budget and operation programs.

  • Ensuring the best use of preparations and supplies.

Preservation of the owner’s assets:

  • Controlling the plan of protective maintenance of fixed assets.

  • Inspection of equipments and machines for making sure of their efficiency and for ensuring the best use of them.

  • Examining industrial safety conditions.

  • Reviewing assets lists.

  • Appropriate consumption of electricity and water.

Reporting system:

  • It will be agreed latter on weekly, monthly, quarterly and annual reports.

  • Holding regular meetings (weekly & monthly) with the owner, in which comprehensive reports about operation statement are presented.

 

 
 

Assets Management

Asset management systems track individual physical items with barcode reader. These are usually identified with a UIC (Unique Identification Code), which in most cases is encoded either in barcode format on an asset identification label, or by means of an RFID tag. Handheld computers with integrated barcode readers are used to perform audits, or to track movement of items. The systems generally include detailed reporting functionality, and can exchange information with back end systems.
These systems are used to track a wide variety of items – anything physical, that has value, that is operationally important, or which has security implications.
Asset management with barcode reader
IT Asset Management is a very common application, particularly within larger organisations.
Critical Equipment in a manufacturing environment can be tracked for calibration purposes, or for production planning.
Safety Equipment, including fire extinguishers and other fire prevention equipment can be audited and inspected.
Tools can be tracked as they are issued and returned to a tool crib.
Vehicles, radios and other items issues on a shift by shift basis can be managed effectively.
Linkages.
Many linkages are possible, but most systems rely on linking people, places and things – each asset is identified as being in a specific physical location, and the responsibility of a specific individual.

Audits can be completed quickly, easily and accurately. The use of a barcode on the asset identification label, and a handheld computer (with integrated barcode reader) to read those labels, means that it takes less than a second to audit each asset.

Because locations can be identified in a similar fashion, mistakes are reduced.

Because all transactions are time stamped, and data entry is automated, (through the use of the barcodes and scanners), data integrity is high. Users can have a great deal of faith in the accuracy of the final reports.
Managers know that assets inventory accurately is vital to improving efficiency and ensuring sufficient assets levels and Inventory Tracking Software system is an easy way to do this. Inventory Tracking Software is inventory control software designed to help monitor inventory levels and item movements within an institution, a distribution center, stock room or store.

 

 

 
+ 2 0100 1820917
info@horofgroup.com
www.horofgroup.com
All Rights are reserved for horofgroup.com @ 2024