Revenue Management Training for Hotels | Pricing Simulator – hotellab Revenue Management Training for Hotels | Pricing Simulator – hotellab Powered by Pickles team
Education

Pricing Simulator

Best way to gain practical experience in hotel pricing strategies.
The only interactive training solution on the market.

Know more about the Simulator
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What it is

The Pricing Simulator is a hands-on revenue management training environment built on real reservation and pricing data from 400+ hotels.
01
It simulates the role of a Revenue Manager in a 4 star city hotel
02
It includes multiple room categories and realistic demand patterns
03
It runs daily pricing decisions in a dynamic market environment

Why you need it

Most pricing skills are learned on live hotels where mistakes cost revenue. The Simulator lets you gain experience without the risk.

icon The only interactive pricing training solution on the market
icon Hands-on immersion in real revenue management processes
icon No need to build your own training program
icon More engaging than static spreadsheets or case studies

How the Simulator works

The system creates a realistic pricing environment and reacts to your decisions.
  • Stage 1

    You set up your training hotel and competitor set. Based on these inputs, the simulator generates a modeled market environment.
  • Stage 2

    Each simulated day, you make pricing decisions for upcoming dates. The Simulator provides insights to help you understand demand trends and performance.
  • Stage 3

    Learners gain full pricing control and can set any price freely. Participants receive group requests and decide whether to accept them based on revenue impact.
  • Stage 4

    Participants test open pricing across all room categories and evaluate total performance.

    At every stage, your decisions are compared to the optimizer’s ideal calculations.

    The closer your pricing is to the optimal level, the higher your score.

Practical benefits for hoteliers

Test if prices are set correctly at the right time

Practice BAR pricing and open pricing practices

Understand group displacement decisions

Learn how to track demand and benchmark performance

Choose your training

Choose how you want to run the training

1 day (4h of theory + 3h to play the Simulator)

Led by a hotellab facilitator

A structured session guided by a revenue management expert.

  • Expert supervision
  • 14–day access to the Simulator
  • Certificate of completion
  • Up to 12 participants
Декор

Certification included

All participants receive a certificate after completing the Simulator. The certificate confirms successful completion of the course and the development of revenue management skills.

Can be added to a CV or professional profile.

Who we collaborate with

200+
students have trained with us
Already trained with us

Trusted by educators, consultants and hotel teams across the hospitality industry.

Our educational partnerships cover universities professional programs and in-house hotel training.

Consultants

  • Radka Telickova
    Radka Telickova
    Hotel Commercial & Revenue Strategist