The Influence of Budget Administration on Effectiveness of Hotel Business in Thailand

Abstract

     The objectives of this study were to investigate and identify the influence of budget administration on effectiveness of hotel business in Thailand. The budget administration included organization administration participation, communication, goal setting with budget appropriation, plan flexibility, and performance tracking by using samples of business management team in Thailand for 370 persons. Research tool was a questionnaire. Descriptive statistics were mean and standard deviation. Inferential statistics were correlation analysis of linearity between variables and multiple regression analysis.

     The research found that the budget administration influentially affected to the effectiveness of hotel business in Thailand were organization administration participation, communications, goal setting with budget appropriation, plan flexibility, and performance tracking with (r = .498, .446, .506, .591, and .500). The budget administrations significantly related to the effectiveness of hotel business in Thailand were plan flexibility, goal setting with budget appropriation, communication, and performance tracking. Regression coefficient with ß = .305, .171, .180, and .138.