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R&CA slams Federal Government’s Budget: “Inhospitable”

Hospitality Magazine

Restaurant & Catering Australia has commented on the Albanese Goverment’s Federal Budget, stating it has “missed an opportunity to assist a sector that is already in pain” Treasurer Dr Jim Chalmers handed down the 2024-2025 Budget on Tuesday, with hospitality businesses set to benefit from just a handful of policies.

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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

To help you survive and thrive, we've created a step-by-step and easy-to-follow restaurant budgeting guide. Table of Contents What is included in a restaurant budget? Why should you create a restaurant budget? Conclusion Frequently Asked Questions (FAQs) What is included in a restaurant budget?

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Streamline Hotel Budgeting: Why Hoteliers Should Adopt Budgeting Software Now

Hospitality Net

One of the critical aspects of financial management is budgeting, a process that traditionally involves significant time, effort, and coordination among various departments within a hotel organization.

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6 key PMS features independents must consider budgeting for in 2024

eHotelier

6 key PMS features independents must consider budgeting for in 2024 - Insights - Insights

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Hotel budget: Steps in the budgeting process for hotels

Hospitality Net

A hotel budget is a financial plan that outlines the projected income and expenditures for a specific period, usually one fiscal year. The budget also accounts for all types of expenses, including operational costs, capital expenditures, and marketing budgets.

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Why Forecasting Drives Hotel Success Beyond Traditional Budgeting

Revenue Hub

The traditional budgeting approach is proving increasingly inadequate in today’s fast-paced and unpredictable market, where traveler behaviors, economic conditions, and competitive landscapes can shift in weeks. They can quickly pivot strategies in response to market fluctuations instead of remaining bound to an outdated budget.

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Brisbane’s ibis Budget Windsor and adjoining land listed for sale

eHotelier

The ibis Budget Windsor and adjoining development land have been listed for sale amid strong demand for accommodation investment opportunities in the 2032 Olympics host city.

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