HOSP 333 - Hospitality Finance Management

Credits: 3

Description
Students will develop financial decision-making skills to including ratio analysis, asset management, leverage, short, intermediate, and long-term financing in the hospitality industry.

“Learning Outcomes”

Explain the role of financial management in the hospitality organization and how it differs from accounting.
Explain three financial statements from different financial tools.
Assess the performance of a hospitality company by analyzing its financial report.
Use finance and managerial accounting terminology needed for solving problems and improving communication skills (using APA style effectively in conceptual based reports writings).
Explain the time value of money concepts to assess expenditure programs, loans, and other applications.
Design projects utilizing capital budgeting techniques to maximize firm value.
Assess hotel valuation and simple forecasting for demand and revenue.