Relationship between budgeting and financial performance in Hong Kong Hospitality Industry

Relationship between budgeting and financial performance in Hong Kong Hospitality Industry Budget target setting plays in effective performance measurement in Hong Kong Hospitality Industry. To find out the relationship between budgeting and financial performance and investigate whether Hong Kong hotels have a business strategy and strategic management accounting are more successful in comparison with those that still do not have a long-term business strategy and strategic management accounting. Questionnaires will be distributed to the management of selected Hong Kong hotels (Hotels with rating of 5 stars or above only).