Availabilities:
| Location | Domestic | International |
|---|
| Brisbane - The Hotel School | | |
| Melbourne - The Hotel School | | |
| Sydney - The Hotel School | | |
Unit description
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:
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Introducing asset management and its evolution
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Creating asset management culture
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The hotel property as an asset: valuation and acquisition
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Assuring asset management within the hotel ecosystem
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Regulating assets
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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.
GA1: Intellectual rigour,
GA2: Creativity,
GA3: Ethical practice,
GA4: Knowledge of a discipline,
GA5: Lifelong learning,
GA6: Communication and social skills,
GA7: Cultural competence| On completion of this unit, students should be able to: | GA1 | GA2 | GA3 | GA4 | GA5 | GA6 | GA7 |
|---|
| 1 | Explore principles of strategic asset management practices within the hotel ecosystem | Intellectual rigour | | | | | Communication and social skills | |
| 2 | Evaluate and apply hotel asset management frameworks | Intellectual rigour | | | Knowledge of a discipline | | | |
| 3 | Examine lifecycle valuations of hotel assets | | | | Knowledge of a discipline | | Communication and social skills | |
| 4 | Apply asset management principles to maximise asset utilisation for revenue optimisation within the hotel ecosystem | Intellectual rigour | | | Knowledge of a discipline | | | |
On completion of this unit, students should be able to:
- Explore principles of strategic asset management practices within the hotel ecosystem
- GA1:
Intellectual rigour
- GA6:
Communication and social skills
- Evaluate and apply hotel asset management frameworks
- GA1:
Intellectual rigour
- GA4:
Knowledge of a discipline
- Examine lifecycle valuations of hotel assets
- GA4:
Knowledge of a discipline
- GA6:
Communication and social skills
- Apply asset management principles to maximise asset utilisation for revenue optimisation within the hotel ecosystem
- GA1:
Intellectual rigour
- GA4:
Knowledge of a discipline
Prescribed texts
Prescribed texts may change in future study periods.