Program Web Address
The long-term performance of the lodging chain is highly dependent on the use of the most effective techniques for evaluating capital projects. This study provides information on the critical aspects of lodging chains' capital budgeting practices and compares current ones with those used by chains in 1980 and 1990.
Damitio, James W. and Schmidgall, Raymond S.
"Capital Budgeting of Major Lodging Chains,"
Hospitality Review: Vol. 20
, Article 4.
Available at: http://digitalcommons.fiu.edu/hospitalityreview/vol20/iss1/4