Jonathan M. Tisch Center of Hospitality
An understanding of the development process within the lodging industry is imperative for managers involved in the expansion of hotel chains or independent lodging facilities. This course will provide an overview of current trends in lodging development, finance and the implications on the industry. Students will learn about the importance of finance, sources of capital, development of a business portfolio, financing for lodging construction projects, investment funds, and joint venture opportunities. Students will be responsible for developing a business plan for a lodging project.