Financial Management for Value Creation

Session Focus

We will focus on defining and identifying value in a hotel, understanding value creation from the standpoint of the various stakeholders in a hotel, operational benchmarking, measuring an individual hotel’s value creation from the owner’s perspective and how to reallocate resources within a hotel to maximize the property’s ability to create value.

Key Benefits

Understand the competing interests within a hotel and how to understand the concept of value creation from each one’s perspective.

Learn how to measure the creation of value for a hotel as well as how to enhance the hotel’s ability to create value.

Session Topics

  • Defining value
  • Agency conflict issues within the hotel
  • Value measurement and creation
  • How hotels create value
  • Measuring hotel performance: operational benchmarking
  • Value to Owner (VTO) analysis
  • Benchmarking to improve VTO

Faculty

Steven Carvell, Ph.D., Professor
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