Have you ever been involved in the development and preparation of a hotel's strategic plan or budget?
It's important for a manager to be part of implementing a strategy and budget for the hotel they manage. The interviewer would like to know more about your exposure to the financial side of the hotel business. If you have experience in strategic planning, and budgeting, outline this for the hiring manager, including the size of the budget in which you have experience. If you do not have experience with budgeting or financial planning, think back to what you may have learned during your post-secondary education.
"I have not had direct involvement in strategic financial planning, however, part of my business degree included courses on financial planning. I am a quick study, and look forward to learning more about the budgetary and planning needs of Hyatt."
