HADM 6520 - Hospitality Asset Management

Fall. 3 credits. Letter grades only (no audit).

Prerequisite: HADM 3210, HADM 4200 or HADM 6200.

J. Varney.

Hotel asset managers act on behalf of investors to meet the specific objectives of real estate ownership. Specifically in this course, the focus is on hotel and resort real estate assets. 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. Students will walk through the components of the asset management strategic plan to understand how different analyses influence the sell/hold, brand and operational decisions. Other topics include hotel management agreements, the capital investment decision, and the asset manager’s interaction with portfolio managers.