HTT213 UOPX Wk 3 Budgeting & Forecasting of Labor at Phoenix Hotel Project

Cite correctly and please use your own work! Thank you.

This is second part to the assignment you will have done bye wed or Thursday. This one needs to be done before 10am on Sunday morning! Thank you Again!!!

Reflect upon your recommendations for the Phoenix Hotel in the Week 3 assignment.

Write a 600- to 800-word paper in which you present your forecasting and budgeting recommendations for the Phoenix Hotel management team.

Complete the following in your paper:

  • Assess how your recommendations for budgeting and forecasting of labor would change if revenue were to increase in the coming month.
  • Provide support for your recommendations for each of the departments listed in the Daily Labor Report, and predict the effect of forecasted revenue on staffing levels.
  • Determine how the need for more desk agents (due to increased revenue) would impact staffing levels and your budget.
  • Propose other revenue streams that can help the hotel meet its financial targets if revenue were to decrease.
 
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