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Why Should The Hotel General Manager Care About Forecasting?

Revenue Hub

Risk management: Forecasting helps you identify potential risks and develop contingency plans to mitigate their impact on your investment, protecting your financial interests and ensuring the hotel’s long-term success.

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HVMG bolsters leadership team

Hotel Business

She provides oversight for accounting & finance, human resources & talent and corporate public relations & marketing communications. She joined HVMG in 2010 as VP, strategic planning and human resources. and Starwood Hotels and Resorts. She joined HVMG in October 2015 as the VP, accounting and finance.

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High-paying business degree jobs: kickstart your career

Les Roches

A CEO holds ultimate decision-making power within an organization, develops strategic plans outlining company goals, and works closely with other top-level executives while overseeing day-to-day business activities to ensure alignment with broader objectives.

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Everything you need to know about resort development

Les Roches

Legal considerations include contractual agreements with contractors, suppliers, vendors, liability insurance and risk management strategies. Community engagement and public hearings may also be necessary to address local concerns and gain support for the project.

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How to create a business plan for a hotel

Les Roches

Why do you need a hotel business plan? Similar to how architects create blueprints before constructing a building, it’s essential to have a strategic plan when starting a hotel business. Risk management Risk management is essential in any sector, including the hospitality industry.