29NL 6.2 Press conference

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Situation

An unexpected situations has occurred. The management team has to response quickly and take measures. In 6.1 your hotel already made a plan.

Goal

Making sure that when this crisis will not be solved in 2 to 3 months, the Hotel will start making money with a creative new revenue stream.

Task, deliverable

Make a plan to make money in case the Hotel is not able tot open their doors yet after three months.

• Make a Business Model Canvas and analyze the Hotel’s situation before the crisis.
• What elements of your Hotel could be used in a creative way to start making money? (think about skills of your employees, alternative use of property, etc.)
• Make a plan, analyzing which parts of the Business Model Canvas change and make an estimated guess regarding the new revenue stream(s) for the rest of the year.

Assessed elements

• Is the new plan creative and plausible? • Is the new revenue stream convincing?

Additional information

• Not applicable

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Emerald Forest Hotel offering an emerald hotel experience! | Run your own hotel in this management simulation.