Hotel Business Management Training Simulation
Simulates real competitive market conditions for hotel operations. It provides a virtual marketplace where a number of hotels compete against each other. It is designed to help participants to develop problem identification, problem prioritizing, and problem solving skills; specifically the development of skills to understand and apply the cause and effect relationships between performance measures (effects) and their causes. It is also designed to enable participants to develop team building and teamwork skills by making participants act as a member of hotel management team. Each member of the team acts as the manager of a specific operational area of a hotel. Operational decisions includes, but not limited to, capital investment, operating expenditures, marketing expenditures and pricing strategies. External factors such as day of the week, demand patterns, etc. are also factored in the simulation.