HADM 6622: Hospitality Asset Management
Elective - 3 credit hours - Letter grade only
Offered Spring only
Prerequisite(s): For undergraduates: HADM 3321(formerly HADM 321), 420 strongly suggested. For graduate students: H ADM 722 (not offered since at least spring '08), 620 strongly suggested.
Faculty teaching this course in Spring 10:
Hotel asset management is the fiduciary responsibility of managing the hospitality investment to meet the specific objectives of ownership. The asset manager’s role in building value is analyzed at both the portfolio and property levels. Lectures, assignments, cases, and guest speakers introduce the latest techniques in asset management and provide insights into the current lodging-market and operational challenges. Topics include management contracts; managing the manager; benchmarking property performance; and the capital improvements decision.