Officers of the Hospitality Asset Managers Affiliation (“HAMA”) right this moment introduced that it has begun accepting submissions for the 18th Annual HAMA Scholar Case Competitors. Collaborating college students from greater than 30 undergraduate and graduate packages nationwide are given three eventualities from which to decide on to current a case research, together with:
- Administration firm change
- Model change
- ROI
Working with a HAMA member and their respective college professors, pupil groups shall be required to arrange a complete monetary evaluation, suggest an answer and govt abstract for a board assessment. The case research are modeled after actual life eventualities HAMA members have handled of their position as an proprietor’s consultant.
Eighteen business executives serving on the HAMA training committee will consider submissions based mostly on the standard of the presentation. Persevering with its custom of working along with college students, HAMA mentors volunteer their time in October and November to help pupil groups occupied with garnering suggestions all through the method and in acquiring extra data and reviews as vital. Faculties and universities will choose their finalists by January 15th, with graduates and undergraduates being reviewed individually. The 2 profitable groups will every obtain a $5,000 prize and be invited to the spring 2024 HAMA spring convention in Nashville. Journey and lodging shall be lined by HAMA.
Traditionally, the annual competitors has handled normal matters and challenges going through operators and possession of hospitality associated property. HAMA sought suggestions from a number of college professors and up to date the format to be extra relevant to conditions these future college students shall be confronted with upon commencement. This yr’s contributors embody universities corresponding to Cornell, Georgia State, Boston, Oklahoma, College of Houston, Penn State and NYU.
Yr after yr, we proceed to be impressed by the more and more increased requirements these college students exhibit as they analysis and supply significant knowledge on their manner right into a full-fledged hospitality profession. The extent of sophistication exhibited grows yearly, and we sit up for what the 2023 class of entrants will current. Adam Tegge, HAMA Schooling Committee Chair
About HAMA
HAMA members are concerned in asset administration, acquisition, financing and disposition of lodges and resorts and are instantly chargeable for making selections regarding capital investments, renovations, asset repositioning, operational insurance policies and administration choice. Its U.S. members characterize greater than 3,500 lodges and resorts throughout each main model, accounting for 775,000 resort rooms, 250,000 workers, $40 billion in annual income and $3 billion in capital expenditures. The group boasts an extra 245 worldwide affiliate members, as properly.
Chris Daly
+1 703 435 6293
HAMA
