QPR chairman Tony Fernandes has previously been forthright in his public backing of Hughes, who insists he has no intention of walking away.
"I don't run away from challenges," he said. "This is a huge challenge. It was a huge challenge in January when I undertook it.
"There weren't too many people queuing up when I decided it was the right role for me. I knew it was going to be problematic. We all understood that.
"This year we obviously had real expectations and I was quite prepared to raise expectations because I thought we would have a good season.
"It hasn't quite happened, unfortunately, and because we have raised expectations more people are disappointed."