Information Package

Hospitality Management International Joint Master's Program with Thesis

HMAN517

CORPORATE FINANCE IN THE HOTEL INDUSTRY

Course Code
HMAN517
Semester
First Term (Fall)
Theory+Practice
2 + 0
ECTS
2
Course TypeCompulsory Course
Course LevelMaster's Degree With Thesis
Year of Study1
SemesterFirst Term (Fall)
ECTS2
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. able to acknowledge the income management system in hotel enterprises.
  2. Being able to analyze the models of income management.
  3. Being able to setting up the systems of income management.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme Components
Course DescriptionÖğrencilere, gelir yönetimindeki temel kavramları öğreterek otel işletmelerinde gelir yönetim sistemlerinin kurulması ve işletilmesi konusunda yeterlilikler kazandırmak
Course Contents
WEEK TOPICS
1st Week Introduction and basic concepts
2nd Week Concept and history of revenue management
3rd Week Basic conditions required for the implementation of revenue management
4th Week Main Service Enterprises Where Revenue Management is Used
5th Week Elements of Revenue Management
6th Week Pricing-Based Revenue Management Tools in Hotel Enterprises
7th Week Non-Pricing Revenue Management Tools in Hotel Enterprises
8th Week Midterm Exam
9th Week Revenue Management and Distribution Channels
10th Week Revenue Management Process in Hotel Enterprises
11th Week Rooms Department Revenue and Occupancy Measurements
12th Week Occupancy Measurements for Food, Beverage and Spa
13th Week Advantages of Revenue Management in Hotel Enterprises
14th Week Revenue Management Models
Recommended or Required ReadingHereter, G., Introduction to Revenue Management for Hotels: Tools and strategies to maximize the revenue of your property, CreateSpace Independent Publishing Platform, 2017
Planned Learning Activities and Teaching Methods
  • Lecture
  • Discussion
  • Questions/Answers
  • Case Study
  • Project
  • Presentation
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 40
Total(%) 40
Contribution of In-term Studies to Overall Grade(%) 40
Contribution of Final Examination to Overall Grade(%) 60
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 2 2
Preparation for Quiz
Individual or group work
Preparation for Final exam 1 8 8
Course hours 14 3 42
Preparation for Midterm exam 1 6 6
Laboratory (including preparation)
Final exam
Homework
Weekly Articles and Resource Research
Total Work Load58
Total Work Load / 30 (h)1.93
ECTS Credit of the Course2
Language of InstructionEnglish
Work Placement(s)No
LO1 LO2 LO3
K1 X X X
K2
K3
K4
K5
K6
K7
K8
K9
K10