ths3ths hospitality hosp sim
TOURISM AND HOSPITALITY SIMULATION
THS3THS
2017
Credit points: 15
Subject outline
This capstone subject explores the real-time working of a hotel through the use of a computer-based simulation called HOTS. Based in teams, you will be able to use the HOTS software to simulate all business decisions of a hotel over a five year period. You are required to apply your knowledge of service operations, finance and marketing principles through SWOT analysis, cash flow statements and other appropriate methods of interpreting data. The HOTS program simulates real decision-making and will prepare you for working in teams and making managerial decisions for hotels.
SchoolLa Trobe Business School
Credit points15
Subject Co-ordinatorPaul Strickland
Available to Study Abroad StudentsYes
Subject year levelYear Level 3 - UG
Exchange StudentsYes
Subject particulars
Subject rules
Prerequisites MKT1MDP or BUS1BUF and THS1THE
Co-requisitesN/A
Incompatible subjectsN/A
Equivalent subjectsN/A
Special conditionsN/A
Learning resources
Readings
Resource Type | Title | Resource Requirement | Author and Year | Publisher |
---|---|---|---|---|
Technologies | HOTS | Prescribed | La Trobe Business School | LA TROBE UNIVERSITY |
Graduate capabilities & intended learning outcomes
01. Make business decisions in a team environment.
- Activities:
- Ability to demonstrate leadership and decision making skills 2. Analyse the advantages and disadvantages of working in a group environment
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Teamwork including leadership and working in groups)
02. Develop a marketing strategy including a S.W.O.T. and E.T.O.P. analysis.
- Activities:
- Develop a business including marketing strategy and undertake a S.W.O.T and E.T.O.P. analysis. Students are required to build upon acquired knowledge from business core subjects and apply this to the circumstances of the HOTS simulation.
- Related graduate capabilities and elements:
- Literacies and Communication Skills(Quantitative Literacy)
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Teamwork including leadership and working in groups)
03. Demonstrate leadership and decision-making skills.
- Activities:
- Ability to demonstrate leadership and decision making skills through team meetings and inputting decisions into the HOTS simulation. You will be asked to build a management structure and apply it to the HOTS simulation.
- Related graduate capabilities and elements:
- Personal and Professional Skills(Teamwork including leadership and working in groups)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
04. Interpret financial data and make business decisions based on this information.
- Activities:
- About to interpret and present financial data into graphs and base decisions on past performance. You are required to interpret the financial data generated by the HOTS simulation including cash flow and balance sheet and make group decisions of how to improve the profitability of the hotel.
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
05. Ability to respond to business market forces and hotel competition.
- Activities:
- Through regular team meetings, simulation decisions will be inputted into the HOTS program based on the hotels competition. You will be required to choose three main goals of the hotel and you will be assessed if you managed to fulfil these goals.
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Discipline -Specific Knowledge and Skills(Discipline-Specific Knowledge and Skills)
06. Research and source the optimum hospitality supplier to reflect the standards of a hotel
- Activities:
- Ability to source hotel suppliers consistent with market expectations (according to HOTS). You will have to justify the decisions your team makes to the standard of the hotel based on the star rating system.
- Related graduate capabilities and elements:
- Inquiry and Analytical Skills(Critical Thinking,Creative Problem-solving,Inquiry/Research)
- Personal and Professional Skills(Teamwork including leadership and working in groups)
Subject options
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Melbourne, 2017, Semester 2, Blended
Overview
Online enrolmentYes
Maximum enrolment sizeN/A
Enrolment information
Subject Instance Co-ordinatorPaul Strickland
Class requirements
Computer LaboratoryWeek: 31 - 43
One 2.0 hours computer laboratory per week on weekdays during the day from week 31 to week 43 and delivered via face-to-face.
"Students will be allocated to teams. Attendance is compulsory.
In addition, students are expected to undertake between 1 h and 3 h of learning and assessment activities each week prior to class.
"
Assessments
Assessment element | Comments | % | ILO* |
---|---|---|---|
one 15-minute team presentation | 4-6 students per team | 10 | 04 |
one 2500-word individual report | This report enables students to apply all knowledge acquired in their degree. This assessment will report on the Graduate Capabilities of Inquiry Research, Quantitative Literacy, Critical Thinking and Discipline specific knowledge and skills. | 60 | 01, 02, 03, 04, 05, 06 |
one group report (500-800 words per student) | 4-6 students per group | 20 | 04 |
Simulation participation | 5 | 04 | |
Background document online quiz (30 min) | Student must read the HOTS background document prior to commencing the HOTS program and complete the quiz | 5 | 06 |