RevSim Hotel Revenue Management Simulation
Login code: sayes123
Please refer to the word document “Instructions for the Report – Revenue and Profitability” for all the information for the report.
My role is a Revenue Manager, aiming to review the pricing strategies and operating performance (RM) – Revenue and Profitability within my hotel (Lakeside). Please write a maximum of 250 words only, with analysed graphs/figures. You can access and use the graphs/figures in the simulation webpage. Go to “View Reports and View Trends” in the simulation webpage. You should find all the relevant information from there. Please refer to the word document “RevSim Instructions – How to access to RevSim and the data information”
Please access to the required data from the Simulation webpage I provided. The hotel simulation run from “January to June”. Please analysis within these months
Our hotel name: Lakeside (Basically Leisure hotel)
We are Leisure hotel targeting the facilities on Spa and Fitness Centre. You can see the details in the Simulation webpage under the heading: Marketing and Investments.
I have also attached three files “Market Outlook” from Quarter 1 to 3 from the period January to June. You will see the market industry and situation for the hotel sector.
There are also 6 files in PDF format “Comparison Report” (For each month). You can access the data from here as well, as the data are generate from the simulation webpage. Please read through it.
I have also attached ” Marking Criteria” for my section which highlighted in Yellow. Please read.
Only 1 reference is needed in this section. Please use UK sources and Harvard Referencing.