Budgeting within the hospitality sector in the aftermath of the financial crisis
a summary of initial findings
The purpose of this research project was to find out more about budgeting and how the budgeting process was affected by the financial crisis within the UK hospitality sector. The initial findings suggest that in the period following the financial crisis, budgeting has proved to be very helpful and very useful with the management control process, and it would appear that within the hospitality sector we are not yet 'beyond budgeting'.
The full report is available to download below