*(This is a group assessment, so I only need to cover 2 dot points in this assessment, not all points. Thanks) *Working in groups of no more than four (4) members, students are required to develop a performance analysis of their HOTS simulation hotel, to be presented to potential investors. The learning facilitator will assist students in forming groups, however students are ultimately responsible for group formation, communication, and co-ordination. Students are to assume the role of the hotel owners. After operating the hotel for 5 years, the hotel owners are considering seeking investment to further develop the hotel. Potential investors have requested that the hotel owners conduct an analysis of the hotel’s financial performance and competitive environment over the last 5 years and present this in a report format. In order to compare their hotel’s performance to the local market, students should select a location for their hotel in Australia or New Zealand (please choose locations other than Sydney, Melbourne or the Gold Coast). Students should also develop an evocative name for their hotel – this can be different to the name assigned to the hotel at the beginning of the simulation. The report should address the following: 1) Evaluate the impact of the strategies implemented within the hotel over the last 5 years (referring to both academic literature and data from the simulation). The evaluation should consider strategies related to: o Pricing o Advertising o Operations o Guest satisfaction 2) Reflecting on the results of the simulation, outline what could have been done differently during the simulation to improve the financial and operational performance of the hotel. (I will upload the assessment brief and the data to do this assessment. Please help me to do the tasks follow the assessment rubraqwic to ensure better result Thanks!!)
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