Management By Objective - Business Planning in Hospitality Businesses
publication date: Jul 2, 2010
Planning has been often minimized in many hotels, which has led to significant losses of income and profits over the economic life of the facility. Those organizations that take the time to create, implement and monitor plans are the ones that have long term and ongoing success, even in sluggish economies. The following worksheet provides a fundamental way for a business of any size to begin planning in an organized fashion. The worksheet offers a means to assess performance at almost every level within a hotel structure.
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