Certified Lodging Owner (CLO)
No one is more invested in the property than the owner. To achieve a superior reputation and ongoing profitability for their properties, they possess a wide skill set that includes managing human resources, revenue management, facilities management, technology, sales, rooms management and much, much more. The Certified Lodging Owner certification validates that the owner has the knowledge and competencies identified as necessary to success.
This professional credential shows that you have a solid foundation for success as a lodging owner.
You can earn the CLO designation if you are the owner of at least one hotel/lodging property. You must provide non-proprietary documentation that shows you are the owner of at least one property.
CLO candidates receive a keycode to access a 14-chapter study guide on PDF. The five sections of the study guide are:
- Industry Overview
- Overview of Hotel Operations
- Hotel Investment
- The Process of Asset Management
- Contracts and Legal Aspects of Asset Management
Topics include an introduction to accounting and financial statements; the hotel investment decision: buy, hold, and sell analyses; evaluating franchise and chain affiliation programs; benchmarking and financial analysis; hotel management agreement structures; and key legal issues.
The study guide also includes 20 sample exam questions for practice.
You can access the program online or review it on the go by downloading the content to a mobile device, tablet, or computer for offline reading.
The online CLO exam is a 100 multiple-choice online, unproctored exam which you must complete within two hours and achieve a score of at least 70 percent.
- Duration: 40 Hours
- Attendees: 01 Participant / Price: $1500.00
- Location: Free Online