Remove 2025 Remove Accounting Remove Budgeting
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Budgeting in Hotels: Theory, Practice and Outlook 2025!

Revenue Hub

Budgeting in hotels is one of the core tasks of revenue management and plays a crucial role in managing operational and financial efficiency. The budget serves as the basis for financial planning, control, and decision-making. Theoretical Foundations of Hotel Budgeting A budget primarily serves to plan and control a company’s finances.

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UK Budget to raise taxes by £40bn: Hospitality industry reacts

Serviced Apartments

Reading Time: 7 minutes UK: UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances that was estimated by the Office for Budget Responsibility [OBR]. an hour [a 6.7

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UKH calls new LPC 2025 remit ‘disruptive and unhelpful’

Hotel Owner

UKHospitality has called changes to the Low Pay Commission’s (LPC) remit for 2025 “disruptive and unhelpful”, claiming that wages rates must strike an “affordable balance to help deliver growth for both businesses and staff”. After all, this is the basis upon which hospitality businesses have been planning and budgeting. “As

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The Ultimate Guide to Local Restaurant Marketing 2025

7 Shifts

By focusing your ads on local users, you make your marketing budget more effective. Reach out and propose a collaboration, such as a sponsored post or a takeover of your restaurant's social media account. Google Ads allows you to set specific location parameters for your ads.

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Deloitte: Business travel begins to take off

Hotel Business

-based and European executives with travel budget oversight, fielded between Feb. Full recovery following the pandemic appears likely by late 2024 or early 2025. International trips will account for a larger portion of the recovery this year: The international share of travel costs for U.S. Corporate travel spend across the U.S.

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Business Travel Takes Off But Full Recovery Still Delayed

Revenue Hub

-based and European executives with travel budget oversight, fielded between Feb. Full recovery following the pandemic appears likely by late 2024 or early 2025. International trips will account for a larger portion of the recovery this year: The international share of travel costs for U.S. One-third of U.S.

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What strategies can hotels use to speed up their sustainability journey?

Hotel Owner

As COP 27 draws to a close, environmental risks dominate the headlines and climate-change-related risks account for three of the top risks by severity in the next 10 years. It explained that Net Zero was ‘ too little too late’ and there was no carbon budget left to spend. Be Accountable. Global temperatures would exceed 1.5°C