Question

importance of budgeting in hotels​

Answer 1

Answer:

Hoteliers use budgeting and forecasting for strategic planning and financial control, and as a standard against which to measure actual operating results. Financial forecasts and budgets can strengthen management's control of hotel operating expenses and help determine the profitability of the property”.

Answer 2

Answer:

Here is your answer

Explanation:

Hoteliers use budgeting and forecasting for strategic planning and financial control, and as a standard against which to measure actual operating results. Financial forecasts and budgets can strengthen management's control of hotel operating expenses and help determine the profitability of the property”.