Creating a hotel budget is a complex process that involves coordinating many different elements.
To make this process easier for you, we’ve taken a closer look at all the budget aspects you need to consider to ensure your budget plan is robust. Our guest Gaby Maaswinkel-vd Bosch, Regional Director of Revenue Optimization for Central Europe & Prize by Radisson, will walk you through the ins and outs of creating an effective hotel budget.
What you will learn:
What are the key elements to consider when preparing a budget for the upcoming year?
How extensive experience in revenue management has changed Gaby’s approach to budgeting.
How much time is needed to complete a budget, and how collaboration between various departments plays a vital role in its creation.
How to forecast revenue and expenses to ensure the budget is accurate and realistic.
And much more…