The Uncertainty of 2021 Budgeting

TR Number

Date

2020-08-20

Journal Title

Journal ISSN

Volume Title

Publisher

Hospitality Sales & Marketing Association International

Abstract

Experts are having a difficult time predicting 2021 budgets due to the continued uncertainty of business and leisure travel. Many are deciding between a "top-down" or "bottom-up" approach based off the current staffing of their properties. Many hotels are creating multiple senecios to gauge the industry pending vaccines and treatment options.

Description

Keywords

COVID-19, Pandemic Response, Hotel Industry, Social Media, 2021 Budgeting

Citation