Award Date

Fall 2012

Degree Type

Professional Paper

Degree Name

Master of Hospitality Administration

Department

Hotel Administration

First Committee Member

Rhonda Montgomery, Chair

Number of Pages

33

Abstract

In an online study of the Council of Hotel and Restaurant Trainers (CHART), 53% of respondents reported their budgets for training were being carefully looked at. From this scrutiny, training budgets in the past 18 months have significantly decreased (Bertra, 2009, p. 1). Slashed training budgets have become another sign of the recessionary times, forcing operators to direct their funds to customer service, hoping to set them apart in the competitive environment known as hospitality (Bertra, 2009, p. 1).

Keywords

Budget in business; Employees – Training of – Finance; Hospitality industry; Restaurants

Disciplines

Corporate Finance | Food and Beverage Management | Hospitality Administration and Management | Labor Relations

Language

English


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