HADM 3210: Principles of Hospitality Real Estate
Fall, Spring. 3 credits. Letter grades only.
Prerequisite: HADM 1210 and HADM 2220, or equivalents. No exceptions. Concurrent enrollment in HADM 2220 is not permitted. Required.
Limited to Hotel Students
Faculty teaching this course:
Focuses on ownership of and equity investment in hospitality assets. The course develops an appreciation of the strategic role of real estate in the hotel and restaurant industries using the quantitative tools of financial economics. Topics include real property and personal rights, unit-level investment financing decisions, asset and equity valuation; all with a focus on hotels and restaurants.The learning objectives take the course description and restate the course topics as a set of measurable goals. In HADM 3210 students will:-- develop and appreciation of the strategic role of real estate in the hotel and restaurant industries and the role of unit-level financial analysis in making investment decisions.-- build competence in using the quantitative aspects of financial economics.-- be able to make unit-level investment decisions for hotels and restaurants.-- be able to make unit-level financing decisions for hotels and restaurants.-- understand how hotel management contracts are structured and negotiated.-- understand how commercial leases contracts (more specifically, restaurant leases) are structured and negotiated.