Courses of Study 2011-2012 
    
    Apr 13, 2025  
Courses of Study 2011-2012 [ARCHIVED CATALOG] Add to Favorites (opens a new window)

HADM 3210 (formerly 3321) - Hospitality Financial Management


Fall, spring. 3 credits. Letter grades only.

Prerequisites: HADM 1210 (formerly 1121) , HADM 2210 (formerly 2221) , and HADM 2220 (formerly 2222) , or permission of instructor. Required.

J. de Roos and P. Liu.

Focuses on owners of hospitality assets and on equity investors in these assets. The course develops an 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. That appreciation forms the essence of financial management in hospitality real estate. The course builds competence in using the quantitative tools of financial economics. Topics include property rights, hotel and restaurant investment analysis, valuation of the assets and the owner’s equity, the drives of unit level revenues and value, an introduction to the fundamentals of hotel and restaurant financing, and an overview of the management contracts and franchise agreements used in hotels and restaurants.



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