HMGT 4203: Hotel Real Estate Investment and Asset Management

3 Credit Hours

Prerequisite: Admission to the Coles College Undergraduate Professional Program or (60 credit hours with a minimum GPA of 2.0 and a student in a Coles College Partner Program that included this course)
Real estate represents one of the largest and most significant investment by firms and individuals in the hospitality industry. The course will also cover hotel market analysis and valuation techniques including estimating hotel occupancy and room rate, forecasting hotel revenue and expenses and the hotel valuation process. Students will learn how to perform a hotel valuation market study using the Hotel Market Study and Valuation Software. The course will also examine the components of hotel asset management, a service which has become a central tenet for several hotel ownerships.