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Inn or Out: Yield Management in Hotels – Simulation Game

Discipline:

Description

This is a game simulation case on yield management for the hotel industry. Students play the role of the reservation manager and are allowed to make hotel bookings for consumers who want to book hotel rooms at the InnorOut hotel. Students are encouraged to accept the bookings based on the principles of yield management. At the end of the game, students can see the amount of revenue that they have generated for the hotel based on the bookings that they have accepted and rejected. The game allows students to apply different strategies for high season and low season bookings. Penalties are applied to the revenue scores based on whether the rooms were overbooked or under booked.

The case accompanying the game allows students to understand the concepts of yield management that they need to apply to play the game well and achieve higher scores. A separate set of settings in the game allows the instructor to adjust the various parameters of the game, and present consumers with different profiles, so as to assess the student’s understanding of yield management strategies. The Teaching Note serves as a guide for the instructor to execute the game in the classroom for students, and to cover the basic concepts in yield management through the game.

The game case allows students to learn the following: (1) basics of yield management strategies (2) significance of various factors that impact consumer demand for a fixed product (in this case hotel rooms) (3) the advantages of yield management strategies for revenue generation. The case can be used both in undergraduate as well as post graduate classrooms.

Inspection copies and teaching notes are available for university faculty. To receive an inspection copy and teaching note, please email cmpshop [at] smu.edu.sg with your registered faculty email ID and a link to your contact information on the faculty directory at your university as verification. An inspection copy and teaching note will then be sent to your faculty email account.

Download Information

SMU Faculty/Staff can download the case & teaching note on iNet with your SMU login ID & Password via the following links:

· The Case (SMU-21-0047)

· Teaching Note (SMU-21-0047)

For purchase of the case and supplementary materials via The Case Centre, please access the following links:

· The Case (SMU-21-0047)

· Teaching Note (SMU-21-0047)

For purchase of the case and supplementary materials via Harvard Business Publishing, please access the following links:

· The Case (SMU-21-0047)

· Teaching Note (SMU-21-0047)

Downloads

SMU Faculty/Staff can download the case & teaching note on iNet with your SMU login ID & Password via the following links:

·      The Case (SMU-21-0047)

·      Teaching Note (SMU-21-0047)

For purchase of the case and supplementary materials via The Case Centre, please access the following links:

·      The Case (SMU-21-0047)

·      Teaching Note (SMU-21-0047)

For purchase of the case and supplementary materials via Harvard Business Publishing, please access the following links:

·      The Case (SMU-21-0047)

·      Teaching Note (SMU-21-0047)

Published Date

2 Mar 2022

Year Completed

Temporal Coverage

Geographic Coverage

S$6.00


(Please note you are purchasing the case only.)

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