HADM 4225 - Hospitality Strategic Financial Management

Fall. 3 credits. Letter grades only.

Prerequisite: Intermediate Corporate Finance or Cases in Advanced Corporate Finance, or equivalent. Others by permission of instructor. Co-meets with HADM 6225. Elective. Graduate students should enroll in HADM 6225.

S. Carvell.

The course will establish the links between corporate strategy, competitive position and the firm;s financial decisions using current and recent financial events occurring in the hospitality industry. These links will be examined through financial decisions such as , capital budgeting, capital structure, M&A and dividend/share repurchase decisions. The course will employ traditional tools such as NPV, EVA, and real options to assess the links described above. The pedagogy of the course will engage high level executives from across the various segments of the hospitality industry to provide the class with a “real world” context of the complexities faced when deciding upon and executing these financial strategies.