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Step 4: Complete a Budget and Forecast Frank recently informed your team that Choice Hotels also needs assistance in creating next year's budget and developing
Step 4: Complete a Budget and Forecast Frank recently informed your team that Choice Hotels also needs assistance in creating next year's budget and developing revenue forecasts. Choice Hotels recently acquired a new hotel brand. This recent acquisition needs to be taken into consideration as your team develops the forecast. Choice Hotels recently held a press conference where the company disclosed their full-year guidance. Your team will need to use this information to develop their budget and forecast. Using the same Project 3 Excel Workbook your team used in Steps 2 and 3, complete the Budget and Forecast worksheet. When your team has finished, submit the workbook to the submission folder located in the final step of this project during Week 5. Now that your team has completed Step 4, proceed to Step 5, where you will discuss strategy with other finance and accounting analysts
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