0 or 3 credits
Spring 2026 Lecture Upper Division
The value of a hotel is based on both its operation and the real estate holding. A successful manager needs to understand the relationship between operations and the management of the real estate asset. Hotel asset management involves overseeing operating performance and real estate planning with the goal of achieving long-term profitability and enhancing the value of the hotel property. This course will introduce students to the principles and practices of hotel asset management including real estate management, contracts, as well as the planning and execution of hotel investments. Students with an interest in hospitality finance and real estate investment are encouraged to take graduate-level courses in this area and explore the finance and real estate minors following the successful completion of this course.
Learning Outcomes1Explain the foundations and process of asset management.
2Identify the key issues related to planning and managing real estate and physical assets.
3Analyze the effects of contracts on hotel operations and asset value.
4Apply financial theories and concepts in planning and executing hotel investments.
Prerequisites
Restrictions
made by Purdue students.