The Uncertainty of 2021 Budgeting
TR Number
Date
2020-08-20
Authors
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