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Unit Summary

Unit type

PG Coursework Unit

Credit points

12

Unit aim

Examines strategic asset management practices within the hotel ecosystem. Students will develop multiple perspectives on the practicalities of adopting asset management principles, and engage with the tools and frameworks that may be used to create effective asset management strategies and drive asset management cultures.

Unit content

This unit contains six topics:

  1. Introducing asset management and its evolution
  2. Creating asset management culture
  3. The hotel property as an asset: valuation and acquisition
  4. Assuring asset management within the hotel ecosystem
  5. Regulating assets
  6. Predictive asset management

Learning outcomes

Unit Learning Outcomes express learning achievement in terms of what a student should know, understand and be able to do on completion of a unit. These outcomes are aligned with the graduate attributes. The unit learning outcomes and graduate attributes are also the basis of evaluating prior learning.

On completion of this unit, students should be able to:
1 Explore principles of strategic asset management practices within the hotel ecosystem
2 Evaluate and apply hotel asset management frameworks
3 Examine lifecycle valuations of hotel assets
4 Apply asset management principles to maximise asset utilisation for revenue optimisation within the hotel ecosystem

On completion of this unit, students should be able to:

  1. Explore principles of strategic asset management practices within the hotel ecosystem
  2. Evaluate and apply hotel asset management frameworks
  3. Examine lifecycle valuations of hotel assets
  4. Apply asset management principles to maximise asset utilisation for revenue optimisation within the hotel ecosystem