Originally Posted by
inOban
Whenever a new management team takes over, they usually write off lots of the capital expenditure of the previous team, so that they can make results going forward look better. It's called kitchen sinking. I wonder if there's some of this going on?
Well, they brought in a new Director of IT and he signed them up to Amadeus and has already been ejected. This will have cost them in implementations fees, training and anyone who's used Amadeus previously should know that they are the masters of "nickel and diming" as the Americans call it. Unfortunately, their nickel and diming tends to start with a 5-figure number and escalate alarmingly quickly from there. No cost savings to be had there, quite the opposite.