When asked to give one major reason why an operations budget is prepared for a hotel, 45% of the respondents in the study selected the option that stated "it is used as a standard by which the lodging operation is managed".

Question

Quizplus · Accepted Answer

An operations budget in a hotel serves as a financial plan that helps manage and control the lodging operation by setting standards for revenue and expenses, guiding decision-making, and evaluating performance.

When Asked to Give One Major Reason Why an Operations