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Course Description

Your insights into hotel real estate can help you strategically grow your businesses and prosper throughout the market and asset cycle. With the goal of developing your decision support skills using Excel®, this on-campus course at Cornell University’s Nolan School of Hotel Administration in Ithaca, NY, employs applications from the frontier of real estate investment to examine capital markets, deal structuring, advanced debt and equity financing, and risk analysis. Using cases and examples drawn from a wide range of international experience, the content has broad application across the Americas, Europe, and Asia. This year’s offering has been thoroughly updated to reflect post- pandemic market conditions and attitudes toward lodging investment. You’ll gain experience using contemporary tools from the capital markets, finance, and economics in a lodging context. Theoretical concepts are integrated into practical exercises and cases demonstrating how to create wealth.

This program is designed to complement the Advanced Hotel Real Estate: Asset Management Strategy course. When planning your visit to Cornell, please consider enrolling in both courses to capitalize on your personal development and your travel investment. A special rate is available for enrolling in both courses. Please review the course here. If the field of hotel real estate is new to you, please consider taking the online certificate Hotel Real Estate Investments and Asset Management prior to attending this in-person course.

Faculty Author

Jan deRoos

Benefits to the Learner

  • Assess the current state of the capital markets and transaction markets
  • Explore how equity promotes structures work for both sponsors and partners
  • Examine the strategic use of debt by equity investors
  • Secure the ability to negotiate mortgage loans on your terms
  • Review recent innovations in lodging deal structuring
  • Negotiate management agreements
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Nolan SHA
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