STRATEGIC BUSINESS PLAN

Strategic Business Plan for H.O.T.S Stimulation Hotel

Strategic Business Plan for H.O.T.S Stimulation Hotel

Introduction

The Hotel Operation Training System (HOTS) is a computer-based simulation suite developed and marketed by The Total Simulator Company, a British-based company, for the service industry. Thus the simulation develops integrative decision-making skills. The successfulness of a hotel outsourcing with a restaurant involves the paramount challenging factor of determining the best-suited partner and business. This can be very challenging, as a successful outsourcing partnership involves first and fore mostly; trust and cohesion between the two business establishments (Faria, A. J. 1998 Pp. 295-309)

This includes sharing the same goals and objectives. In addition, it could be difficult for a hotelier to choose the appropriate type of outsourcing operation. The future of outsourcing is to build stronger relationships between hotels and restaurant chains. With companies working together successfully, it can aid in enhancing brand recognition and profitability for both the hotelier and the restaurateur. Businesses must acknowledge that management contracts between hotels and restaurants are going to become more popular for the companies. This is due to "management contracts [becoming] less difficult because there [are] more operating cooperation between the management company and the hotel" (Edelheim and Ueda 2007 Pp. 18 -28)

Constraints of Simulation-Based Learning

he future trend of inventory shrinkage is that restaurants are working with businesses that specialise in protecting companies from the loss of stock and other fraudulent activities. The companies customise programs to suit the business to reduce losses suffered by the restaurant. To help reduce the amount of shrinkage, restaurants are installing Restaurant Management Systems (RMS) that are developed to track inventory. The computer programs include features such as pin codes and IDs that staff will require to access, use or remove the stock. This tracking program will allow the management to determine which staff members are using certain types of products, how much they are using and if the products are being returned.

This essay has identified and described the importance and influence, challenging factors and future trends of outsourcing to a restaurant, providing menu nutritional information and reducing inventory shrinkage.HOTS is one such management-simulation game for the hospitality industry. It simulates the operation of a mid-sized hotel; participants are required to make decisions for a number of fields such as room rate, yield management, price setting for food and beverage products, advertisements, and capital investments for the installation/expansion of the facility.

Background

Strategy and forecasts for 2010, 2011 and 2012.

There is a long tradition of hotels providing both food and accommodation for travellers as part of an integrated hospitality product. In recent years, however, there has been increasing concern that the hotel restaurant sector is under-achieving (), and that in many cases hotel restaurants have become unprofitable (Jennings, D. 2002 Pp 655)

The under-achievement of the hotel restaurant sector is perhaps best illustrated by the fact that in 1997 the average UK hotel restaurant outlet served 16,600 meals per annum compared with 25,310 meals in pub restaurants and 66,120 meals in fast food ...