While annual financial budgeting is a process typically relegated to the back half of the year, the smartest hoteliers know budgeting is a year-round process and that a more dynamic forecast is crucial to staying ahead in today’s market.
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Sources:
Jason Freed, Hospitality Data Evangelist, Otelier
Russell Meek, Senior Product Manager, Otelier
James Turnbull, Director of Operational Finance, KSL Resorts
Billy Copelan, Director of Revenue Management, Sea Island Resort