Course
| code | HM436 |
| credit_hours | 3 |
| title | Hotel Management Contracts |
| arbic title | |
| prequisites | None |
| credit hours | 3 |
| Description/Outcomes | The familiarize students with the various types of contracts and owner operator agreements. |
| arabic Description/Outcomes | |
| objectives | 1. Distinguish between owners operates, owner lease and owner franchisingrn2. Understand arbitration in hotel management contractsrn3. Understand the dominant principles of contractual agreements |
| arabic objectives | |
| ref. books | |
| arabic ref. books | |
| textbook | Hotel management contracts |
| arabic textbook | |
| objective set | bullets |
| content set | combined |
Course Content
| 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
|