Session 1:
‘DEMYSTIFYING THE BUDGET’ by Romain Saada, Director of Revenue Outrigger Resort & Spa Laguna Phuket
Topic: Have you heard of the word ‘Budget’? Do you think it is difficult getting your Revenue Manager to approve your business proposals? The word “Budget” is not used as a ‘stick’ to enforce strict planning and control, but rather used as a ‘tool’ to estimate revenue and expenses over a period of time. A budget can be made for a business, government, country and even for family household financial purposes. It is very important that Hotel Sales & Marketing Teams (ALL Team members) have an understanding of how this process works, what their roles are and what expectations there are so the Hotel to achieve the BUDGET.
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