HOST 200 - HOST Capstone : Feasibility Study Management

5 Credits

This course takes an entrepreneurial investment approach to exploring varied facets of economic decision-making in hospitality and tourism industry projects. Components of a financial feasibility study are analyzed as an aid to the decision-making process of an investment in the hospitality industry. Students completing this course will understand the basic tenets of hospitality accounting such as USALI, reading financial statements such as a Profit & Loss statement (P&L), real estate valuations such as cap rates, and more. Students will leverage these learnings into quarter-long projects culminating in the completion of a feasibility study that can be presented for establishing entrepreneurial activities.

Pre-requisite(s) HOST 165 w/ min. 2.0
Fees

Quarters Typically Offered

Winter Day, Online

Designed to Serve This course is intended for hospitality entrepreneurs and/or management-oriented individuals who wish to pursue a career in investment, financial evaluation, or project management including potentially corporate office work.
Active Date 20190612T13:19:14

Grading System Decimal Grade
Class Limit 20
Contact Hours: Lecture 55
Total Contact Hours 55
Degree Distributions:
ProfTech Course Yes
Restricted Elective Yes
Course Outline
Learners completing this course successfully will have applied self-discipline and independent thought, synthesised information via critical thinking, understood the risk management components of entrepreneurship, and have had the acumen to see a financially-oriented project from fruition to completion.

Student Learning Outcomes
Learners will appraise investment opportunities by evaluating land, building, and operational costs.

Learners will measure the effectiveness of management ideas in the hospitality and tourism field.

Learners will evaluate optimistic and pessimistic approaches to hospitality and tourism financial management decisions.

Learners will plan effective management approaches to project management case studies in the hospitality and tourism fields.

Learners will apply best practices in revenue management, sales and marketing, and hospitality and tourism operations to maximize the feasibility of projects the student proposes.