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Hotel - Business Simulation
New
Duration: 3-4 hours + debrief
Participants: 3-24 (up to four teams of 3-6 per team)
Who: Staff at any level
PC required: Only one pc (or laptop) and printer required
Price:
£695.00
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Running a hotel in a popular Thai resort can’t be that difficult - can it? A brand new, exciting business simulation!
You are one of four teams bidding for four hotels. First you decide which one to go for. In one sense all hotels are in the same boat - they’re all currently running at a loss. But how much are you prepared to bid? What if you are outbid? Do you have a contingency?
Once you’ve secured your hotel you can get to grips with the state of the business. You’ve all the accounts for the last six months and lots of other business information in your team folder but basically it’s a total re-brand - starting with the hotel name, a mission statement and slogan.
The key is to understand your market and then adopt a strategy to match market needs. Over six ‘half-year’ rounds you make decisions that will affect the bottom line. You’ll receive advice on pricing, advertising spend, staffing and other issues but will you listen or have other ideas that could be better? A series of potential opportunities come your way. How will you evaluate them? Is yours a cautious approach? Do you show an entrepreneurial spirit?
On top of all this, each quarter (while your results are being prepared) a series of HOTEL CRISES occur that need to be immediately addressed - and they all affect the bottom line! The winning team is the one with the highest cumulative profit at the end of the session. Handling a crisis badly can make the difference between winning and losing in this highly effective business simulation!
You are one of four teams bidding for four hotels. First you decide which one to go for. In one sense all hotels are in the same boat - they’re all currently running at a loss. But how much are you prepared to bid? What if you are outbid? Do you have a contingency?
Once you’ve secured your hotel you can get to grips with the state of the business. You’ve all the accounts for the last six months and lots of other business information in your team folder but basically it’s a total re-brand - starting with the hotel name, a mission statement and slogan.
The key is to understand your market and then adopt a strategy to match market needs. Over six ‘half-year’ rounds you make decisions that will affect the bottom line. You’ll receive advice on pricing, advertising spend, staffing and other issues but will you listen or have other ideas that could be better? A series of potential opportunities come your way. How will you evaluate them? Is yours a cautious approach? Do you show an entrepreneurial spirit?
On top of all this, each quarter (while your results are being prepared) a series of HOTEL CRISES occur that need to be immediately addressed - and they all affect the bottom line! The winning team is the one with the highest cumulative profit at the end of the session. Handling a crisis badly can make the difference between winning and losing in this highly effective business simulation!
- the factors that affect business performance
- the value of matching the business to the market
- to analyse financial reports
- to be rational and logical
- to make the most of business opportunities
- to keep costs under control
- Introduce the activity.
- Issue Team Folders.
- Allow teams to study the details of the hotels in the area and to bid for the establishment they want to run.
- Conduct the auction (computer-aided).
- Issue teams with their hotel's performance results and let them make their own decisions for the future.
- Enter their decisions into the computer and print the results (Profit & Loss accounts) which include opportunities and threats facing their business. While you do this, issue teams with Crisis Card No.1.
- Hand out results to teams.
- Repeat for up to six 'rounds', each representing 'three months'.
- Lead a Debrief to discuss the learning outcomes and key lessons.
G. Gumbrell, Henley Business SchoolA stimulating and demanding game. 'Hotel' generates genuine team and leadership behaviours that make excellent learning at the de-brief.
MD, Training Consultancy (name withheld)Thank you Northgate - another success story! Used with first line managers 'Hotel' was interactive, stimulating, challenging, fun and easy to facilitate.
A. Maggs, Arema LtdA great product. The 'Hotel' business simulation, integrated in a leadership programme, provided multiple learning angles.
MD, Training Consultancy (name withheld)Thank you Northgate - another success story! Used with first line managers 'Hotel' was interactive, stimulating, challenging, fun and easy to facilitate.
A. Maggs, Arema LtdA great product. The 'Hotel' business simulation, integrated in a leadership programme, provided multiple learning angles.
- National Express
- News Corporation, USA
- Plymouth City Council
- Henley Business School
- Somerset EBP
- John Lewis
- Circle Anglia
- Sheffield Hallam University
- Regents Business School
- Stoke Mandeville Stadium
- Spire Southampton Hospital
- Northants County Council
- Kuwait Food Company
- Hammonds LLP
- Gentoo Group
- NFU Mutual
- Fisher Clinical Services
- Trainer's Notes
- Team Folders
- Crisis Cards
- CD-Rom
- PowerPoint Presentation
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