Hospitality Management Simulations
Testimonials
Aleksandra Shcherbakova
Master of Management
“I have met some truly impressive talents and kind personalities among our lecturers."
Angelica Balajadia
Master of Management
“I have found my people here, I have networked here. I am open to doors opening and so many doors are opening already."
Wiranpatchara (Sandy) Wongchanapai
Master of International Business
"Whilst studying at ICMS, I was able to have a strong work/study life balance".
Cameron Colvin
Bachelor of Business (Marketing)
"My work experience boosted my confidence and allowed me to apply theoretical knowledge in practical settings."
Taylor McLeod
Bachelor of Business (Sports Management)
“The small, intimate environment in my lectures makes me feel like I am being heard and that I am getting the most out of my studies."
Julie Williams
Bachelor of Business (Fashion and Global Brand Management)
"I chose ICMS because they have provided me with the opportunity to kickstart my career through their many industry partners".
Keegan Du Preez
Bachelor of Business Management (Accounting)
"ICMS is realistic. They understand the realistic expectations of various markets. It’s not just textbook knowledge, especially compared to every other competitor".
Michaela Mayes
Bachelor of Business (Marketing)
"ICMS' Work Integrated Learning gave me the ability to gain real life experience before I even graduated".
Alana Williams
Bachelor of Business (Accounting)
“I worked full time whilst studying, with ICMS allowing for such a great work to study ratio and balance, where I was flexibly allowed to do both.”
Juliette Wilson
Bachelor of Business (Marketing)
"I think the biggest thing is that you get a personalised experience, and you’ll be treated like a person, not a number".
Calum McKnight
Bachelor of Business (Marketing)
“Very quickly, ICMS gave me a circle of friends who are pretty driven – but who also like to have fun – and when I see where they are now it’s pretty exciting and it drives me further.”
Ewan Metcalfe
Bachelor of Business (Sports Management)
"Through being at this college and the geographical location, it always reminded me to stay grounded, keep working hard to further improve my life and stay happy".
This subject is available under ICMS postgraduate degrees, please click the button below to find a postgraduate course for you.
Subject Code:
HOS802
Subject Aim:
With constantly evolving business practices in a knowledge-driven and technologically mediated operating context, it is crucial that managers and business owners have advanced knowledge and technical skills to initiate innovative change. This is especially the case in the highly competitive and dynamic hospitality sector. Furthermore, managers must possess critical thinking and analytical skills to inform strategic management decisions. You will collaborate in teams to review theoretical frameworks and implement operational decisions.
The aim of this subject is to provide you with a business simulation experience that reinforces critical thinking and contemporary management decision-making skills. This will be facilitated through the Hotel Operations, Tactics and Strategy Simulation (HOTS) program where you will, in teams, be challenged to operate a hotel business for a simulated period of three years. You will be challenged to exercise judgement and optimise organisational outcomes by responding to different business scenarios and reviewing and responding to the outcomes of the decisions and actions implemented over the duration of this subject. Furthermore, you will study key theories and concepts underpinning revenue and yield management in order to develop strategic plans within the context of contemporary hotel and hospitality management.
Learning Outcomes:
a) Critically evaluate the theoretical concepts and strategic considerations underpinning hotel operations.
b) Analyse and interpret financial and socio-economic data to inform evidence-based managerial decisions supporting a business plan.
c) Construct and effectively communicate the tactical and strategic management decisions central to tourism and hospitality business environments
d) Appraise the effectiveness of business decisions made in order to achieve a sustainable competitive advantage.
Assessment Information:
Learning outcomes for this subject are assessed using a range of assessment tasks as described in the table below.
A supplementary assessment is not available in this subject.
| No | Assessment Task | Weighting | Learning Outcomes |
| 1 | Online Forum Reflection | 15% | a |
| 2 | Strategic Business Plan (Group) | 50% | a, b, d |
| 3 | Business Plan Presentation (Group) | 35% | b, c, d |