Course Detail

Fall. 3 credits. Letter grades only.

Prerequisite for undergraduates: HADM 3210 or HADM 4200. Prerequisite for graduate students: HADM 6200. This course is taught using a blended approach of face-to-face and online learning.  the online component is 40% of this course.

Faculty teaching this course:

Hotel asset managers act on behalf of investors to meet the specific objectives of ownership. The asset manager's role in investment decisions and over the holding period is analyzed at both the portfolio and property levels. This course provides an overview of the strategies and tactics of real estate asset management and provides insights into the current market and operational challenges. The course focuses on hotel and resort property. Topics include hotel management agreements, sell vs. hold decisions, the capital investment decision, recapitalization decisions, and the asset manager's interaction with portfolio managers.