... overcome them. Sometimes managers can avoid making mistakes. Budgets can coordinate the activities of various sections of the hotel and allocate the resources to the various departments, which ensure every department operate in the harmonious way in the hotel. Another important role of budgets is to motivate the managers and staff at the hotel to better performance. The reasonably budgeted targets could exploit the potential of managers and staff, and encourage them to do utmost to achieve it. In addition, the budgets provide the basis for the control, which is to monitor and measure the actual performance of the hotel. Budgets could be the most logical yardstick with which to compare the actual performance. The top management can find out the existing problems and solve them in Highgrove Manor Hotel. The budget setting process consists of the following steps: First step is to determine who are responsible for budgeting. The top management ...

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