There were times when the hotel accountant would lock his/herself in a back room and not come out until the budget was done! Those days are long gone and todays budgets reflect the input of the entire executive team. A relative new comer to the budget process in the last decade has been the Revenue Manager (hereafter the RM), who adds a whole new dimension of depth to the analysis, enabling the exploration of possibilities and potential strategies that are within reach and that could measurably change hotel profitability.
Posted on: Mon, 27 Oct 2014 08:45:04 +0000
Trending Topics
Recently Viewed Topics
© 2015