This year marks the hundred-year anniversary of the Cornell Nolan School of Hotel Administration, founded in 1922—and on April 26, 2022, industry leaders and experts convened for a keynote webinar to commemorate this occasion and celebrate the school and its faculty’s contributions to hospitality-centered research and thought leadership.
As the new year begins, the hotel industry wonders—what trends face the market going forward? This is precisely the question that finance professor Steve Carvell of the Cornell Nolan School of Hotel Administration and four experts came together to answer in a keynote webinar titled The View for 2022: Insights and Expectations for the U.S. Hotel Industry, produced by the Center for Real Estate and Finance.
A farm-to-table styled restaurant, atop barge-decks, docked in waterfront cities and a startup aimed at providing automated robotic solutions for restaurant kitchens were among the pitches presented during the 12th Cornell Hospitality Business Plan Competition, an annual entrepreneurship event that presents cash prizes for the top three finalists.
Many consumers—especially those in the business sector—took significantly fewer trips during the pandemic. Traditional loyalty programs are built with these business travelers in mind, and consumer adoption of these programs often produces significant insights into brand affinity and brand loyalty. However, the current drops in business travel and the rise in leisure travel are making it difficult for brands to assess consumer sentiment.
Professor Peng Liu and Terence Loh ’97, MBA ’06 challenge students to solve a real-world business problem in their case study, “Real Estate: Private Equity Investment in Shanghai.” This research was published jointly by the Center for Hospitality Research and the Center for Real Estate and Finance.
In the new Center for Hospitality Research and Cornell Center for Innovative Hospitality Labor and Employment Relations brief, “Understanding Human Resource Practices and Outcomes in Franchise Businesses,” Professor Tashlin Lakhani finds that increased collaboration between hotel franchisees and franchisors on human resources best practices can lead to higher organizational performance.
The hospitality industry has been shifting its focus and taking a robust approach when it comes to sustainability. From better managing energy and water consumption to eliminating single-use plastics and food waste, the industry is working toward championing responsible business and tourism.
Gardner L. Lewis III, a longtime resident of Falmouth, died October 7, after a several-months decline in his health. He died under hospice care at the home of his daughter