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Course Description

For a hotel investment to be successful, you must first have accurate and reliable data about the critical aspects of the hotel operation, such as occupancy, revenue, expenses, and cash flows. But how do you generate these detailed forecasts? In this course, Cornell University professor Jan deRoos leads you through this analysis using the Hotel Valuation Software he developed with HVS International. 

Starting with the market study, you will forecast hotel occupancies for new properties and for existing properties and calculate average daily rates using a variety of cutting-edge techniques. Using the occupancy data, you will  then forecast hotel cash flows, respecting the fixed and variable revenue and cost structure of a hotel. At the end of this course, you’ll  estimate of the market value of the hotel, a critical component of any sound investment decision. Given that forecasts are only as accurate as the starting assumptions, you’ll learn how to develop data to support your forecasts. 

With step-by-step guidance and sophisticated software tools, you will walk away from this course with the skills necessary to conduct detailed forecasts and valuations for any hotel property.

You are required to have completed the following course or have equivalent experience before taking this course:

  • Financial Analysis of Hotel Investments

Faculty Author

Jan deRoos

Benefits to the Learner

  • Perform a market study for a particular property
  • Forecast occupancy and average daily rates
  • Produce accurate forecasts of income and expenses
  • Use the income approach to produce an estimate of market value
  • Produce defensible and supportable estimates using the tools developed in this course

Target Audience

Managers and professionals with financial or operational responsibility of hotel real estate, investments, financing, or asset management including asset managers and portfolio managers. Professionals working for or aspiring to work for real estate funds, REITs, real estate developers, real estate advisory firms, and others affiliated with the creation and use of real estate as a financial asset, focused on hotel real estate investment projects. 

Accrediting Associations

Applies Towards the Following Certificates

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Type
2 week
Dates
Apr 17, 2024 to Apr 30, 2024
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
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May 01, 2024 to May 14, 2024
Total Number of Hours
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May 15, 2024 to May 28, 2024
Total Number of Hours
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May 29, 2024 to Jun 11, 2024
Total Number of Hours
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2 week
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Jun 12, 2024 to Jun 25, 2024
Total Number of Hours
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2 week
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Jun 26, 2024 to Jul 09, 2024
Total Number of Hours
10.0
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Regular Price $999.00
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Jul 10, 2024 to Jul 23, 2024
Total Number of Hours
10.0
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2 week
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Jul 24, 2024 to Aug 06, 2024
Total Number of Hours
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2 week
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Aug 07, 2024 to Aug 20, 2024
Total Number of Hours
10.0
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2 week
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Aug 21, 2024 to Sep 03, 2024
Total Number of Hours
10.0
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2 week
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Sep 04, 2024 to Sep 17, 2024
Total Number of Hours
10.0
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Regular Price $999.00
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2 week
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Sep 18, 2024 to Oct 01, 2024
Total Number of Hours
10.0
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Regular Price $999.00
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2 week
Dates
Oct 02, 2024 to Oct 15, 2024
Total Number of Hours
10.0
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Regular Price $999.00
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2 week
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Oct 16, 2024 to Oct 29, 2024
Total Number of Hours
10.0
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Regular Price $999.00
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2 week
Dates
Oct 30, 2024 to Nov 12, 2024
Total Number of Hours
10.0
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Regular Price $999.00
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2 week
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Nov 13, 2024 to Nov 26, 2024
Total Number of Hours
10.0
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Regular Price $999.00
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2 week
Dates
Nov 27, 2024 to Dec 10, 2024
Total Number of Hours
10.0
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Regular Price $999.00
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2 week
Dates
Dec 11, 2024 to Dec 24, 2024
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
Type
2 week
Dates
Dec 25, 2024 to Jan 07, 2025
Total Number of Hours
10.0
Course Fee(s)
Regular Price $999.00
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