A 2023 target turnover of €50 million with an Ebitda margin of 35% for the Planetaria group, which is planning a further two hotels this year. The group closed 2022 with a total turnover of 42 million euros and a 30.5% Ebitda margin.
A lean decision-making process
"We have 300 employees and 11 properties, but we are an extremely dynamic and flexible organization,- said md Sofia Gioia Vedani. Our administrative office is very small and the decision-making process incredibly lean, and I work hand in hand with general manager Damiano De Crescenzo.
“We want each gm to remain at the helm of his or her property”
Vedani says she gives decision-making autonomy to the general managers of the various hotels, enhancing, among other things, the link between product and territory.
“For example we don’t have a central purchasing office. We provide guidelines but not standards, giving the managers of our hotels the possibility of customizing the offer and respecting the spirit of the location. We achieve economies of scale in other ways. And while granting management delegations on specific aspects of the group's business, we want each gm to remain at the helm of his or her property at all times, so that they never lose touch with day-to-day operations.”
