- Degree Bachelor
- Code: HM436
- Credit hrs: 3
- Prequisites: None
The familiarize students with the various types of contracts and owner operator agreements.
Hotel Management
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| content serial | Description |
|---|---|
| 1 | Introduction to hotel management contracts |
| 2 | Definitions and various terminologies used in a typical contract |
| 3 | Major operator and owner agreements |
| 4 | Operator and owner risks in a typical contract |
| 5 | Factors influencing the adoption of management contracts |
| 6 | Comparison of major operating agreements |
| 7 | 7th week exam |
| 8 | The components of bargaining power |
| 9 | Determinants of the operator’s bargaining power |
| 10 | Determinants of the owner’s bargaining power |
| 11 | Preopening management fees and services |
| 12 | 12th week exam |
| 13 | Conditions for contract termination |
| 14 | Franchising and other business relationships |
| 15 | Different types of franchise |
| 16 | Final Exam |
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