REAL ESTATE DEVELOPMENT FOR HOSPITALITY

Below a details of the arguments that will be covere during the course:
Course introduction, brief description of the real estate market in Italy, what is meant by real estate development
Hotel real estate in an economic perspective
The peculiarities in the design and realization of the property for hospitality use
The peculiarities in the design and realization of the property for hospitality use - Testimony of an architect
The sustainability features in relation to hospitality properties
Rights to the property, Management models, contract formulas
Rights on the property, Management models, contract formulas. Concrete experiences told by an attorney
Feasibility and Strategies of hospitality real estate investment.
The process of hotel business acquisition - practical cases
Feasibility analysis of an investment in the hospitality business
The economic reporting of the hospitality business - the USALI standard
Valuation of the hospitality property
Analysis of the investment for Hospitality real estate
Valuation cases

The student will:
1. knowledge and comprehension:
- know about the main aspects of real estate management & development in hospitality
2. applying knowledge and understanding:
- analyse and discuss case studies

Students should have achieved the learning outcomes of courses "PRINCIPLES OF MANAGEMENT OF HOSPITALITY FIRMS", "INTRODUCTION TO MARKETING AND REVENUE MANAGEMENT", "INTRODUCTION TO TOURISM ECONOMICS AND SUSTAINABILITY".

1. principles of real estate management
2. principles of real estate development
3. the hospitality industry

During the course, slides will be projected and made available to students

Learning outcomes are verified by a written exam consisting in five open questions with a value of 6 points each.

Lessons include theoretical, collaborative sessions and hosted seminars.

English

written and oral