Welcome to Hotel Business Management Training Simulation!
The Hotel Business Management Training Simulation is a simulation used for hotel
business management training and analysis. 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 a hotel management team. Each member of the
team acts as the manager of a specific operational area of a hotel. This simulation
enables the members of each management team to develop the ability to plan, analyze
and apply market research and information systems knowledge for the strategic business
planning process. It provides the skills to analyze the business situation, analytically
think about the situation, evaluate, and make recommendations based on available
The 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. At the beginning of the simulation, all competing
hotels are exactly the same. Once management teams start making their operational
decisions for their hotels, the Hotel Business Management Training Simulation utilizes
both operational decisions made by the management team for their hotel and operational
decisions made by competing hotels to determine demand and revenue for each hotel.
Operation decisions include, but are not limited to, capital investment, operating
expenditures, marketing expenditures and pricing strategies. The external factors
such as day of the week, demand patterns, etc. are also factored in the simulation.
The Hotel Business Management Training Simulation enables participants to manage
hotel in a competitive virtual environment without any financial risks. After making
decisions, results are made available to all management teams so that they can see
how their actions and their competitors’ actions impact the performance of their
businesses. This simulation program provides invaluable training opportunities for
managers and management trainees to improve their managerial and operational skills
and efficiencies. It also provides great learning experiences to students who are
studying hospitality business management.