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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 applications nationwide are given three situations 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 can be required to arrange a complete monetary evaluation, advocate an answer and government abstract for a board evaluate. The case research are modeled after actual life situations HAMA members have handled of their position as an proprietor’s consultant.
Eighteen business executives serving on the HAMA schooling committee will consider submissions primarily based 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 serious about garnering suggestions all through the method and in acquiring further info and studies as essential. Colleges and universities will choose their finalists by January 15th, with graduates and undergraduates being reviewed individually. The 2 successful groups will every obtain a $5,000 prize and be invited to the spring 2024 HAMA spring convention in Nashville. Journey and lodging can be lined by HAMA.
Traditionally, the annual competitors has handled normal subjects and challenges dealing with operators and possession of hospitality associated belongings. 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 can be confronted with upon commencement. This 12 months’s contributors embrace universities akin to Cornell, Georgia State, Boston, Oklahoma, College of Houston, Penn State and NYU.
Yr after 12 months, we proceed to be impressed by the more and more larger 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 stay up for what the 2023 class of entrants will current. Adam Tegge, HAMA Training Committee Chair
About HAMA
HAMA members are concerned in asset administration, acquisition, financing and disposition of resorts and resorts and are straight liable for making selections regarding capital investments, renovations, asset repositioning, operational insurance policies and administration choice. Its U.S. members characterize greater than 3,500 resorts and resorts throughout each main model, accounting for 775,000 resort rooms, 250,000 staff, $40 billion in annual income and $3 billion in capital expenditures. The group boasts a further 245 worldwide affiliate members, as nicely.
Chris Daly
+1 703 435 6293
HAMA
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