Does mentoring in the hospitality industry contribute to elevate the skills of a junior managerand to compensate for the shortfall of professional people?

Does mentoring in the hospitality industry contribute to elevate the skills of a junior managerand to compensate for the shortfall of professional people? Because of COVID-19 the hospitality industry has lost many professional managers. Skilled people that were able to find alternative jobs during that hard period, today are not willing or planning to go […]

Why hotels need a detailed budget?

Why hotels need a detailed budget? To be successful in business, every company needs to create a business plan that forms the basis of management decisions. Based on the business plan, company defines the objectives of the business, looks at the risks and uncertainties and develops business activities that lead to the realization of the […]