The Cornell Baker Program in Real Estate recently welcomed a distinguished speaker from the United Arab Emirates (UAE), His Excellency Marwan Jassim Al Sarkal, to share with us his experience leading the transformation and economic diversification of the emirate of Sharjah. Mr. Al Sarkal is currently the Managing Director of Chapter 3 LLC and the… Continue Reading Real Estate Development in the U.A.E: Adding to the Architectural and Cultural Fabric of Sharjah
Tag: Hotel Investment
Second Chance for American Motels
The ubiquitous roadside motel – or at least the properties that host them – could find a new purpose in a starkly different America than the one in which they were conceived. Demographic shifts over the past several decades have made these properties largely irrelevant. The number of motels has declined from a peak of… Continue Reading Second Chance for American Motels
2019 SUMMER INTERNSHIP SERIES: JOHN THOMPSON, FATHOM COMPANIES
This summer I had the opportunity to join Fathom Companies as a Development Associate. Fathom Companies is a real estate development, management, and investment company based in Portland, Maine. Though Jim Brady co-founded the company only recently in 2017, the combined hospitality management and development experience of its leadership extends far deeper. For example, Jim’s… Continue Reading 2019 SUMMER INTERNSHIP SERIES: JOHN THOMPSON, FATHOM COMPANIES
DSS WRAP-UP: DARIEN WRIGHT, CHIEF OPERATING OFFICER AT BROOKWOOD HOTELS
On Thursday, April 11th, Darien Wright joined Cornell’s Baker Program in Real Estate to lead an insightful discussion on extended stay hotels. Mr. Wright began his tenure with Brookfield Property Partners in November of 2017 as Vice President of Asset Management and in February of 2018 ascended to his new role as the Chief Operating… Continue Reading DSS WRAP-UP: DARIEN WRIGHT, CHIEF OPERATING OFFICER AT BROOKWOOD HOTELS
Frenemies: Is Vertical Integration the Answer to OTAs?
The relationship between hospitality companies and online travel agencies (OTAs) has widely fluctuated over the past two decades. The industry’s responses to the threat of OTAs have thus far had limited impact. This article explores a more drastic solution: vertical integration. When OTAs emerged in the late 90’s, many hospitality companies held a positive outlook… Continue Reading Frenemies: Is Vertical Integration the Answer to OTAs?
J. Allen Smith, Keynote Speaker at the 34th Annual Cornell Real Estate Conference
The annual Cornell Real Estate Conference has always featured a premier lineup of speakers, from the engaging Panel Discussions to the accomplished Keynote Speakers. For the 2016 Conference, Cornell is proud to announce that J. Allen Smith (B.S.’80, M.P.S.’86), CEO of Four Seasons Hotels and Resorts, will be featured as one of three Keynote Speakers. … Continue Reading J. Allen Smith, Keynote Speaker at the 34th Annual Cornell Real Estate Conference
Marriott vs. Anbang: Takeover Battle For Starwood Is Reaching Historic Proportions
After Offer From Anbang-Led Group Puts Marriott-Starwood Deal In Jeopardy, Marriott Answers Right Back Takeover battles capture the imagination of Wall Street and the investing public. The relative rarity of their occurrence in the Real Estate and Hospitality sector only adds to the intrigue when they happen. This most recently happened earlier this year with… Continue Reading Marriott vs. Anbang: Takeover Battle For Starwood Is Reaching Historic Proportions
Paul Macpherson of Kerzner International Visits the Baker Program
The Cornell Baker Program in Real Estate cordially welcomes Paul Macpherson, Executive Vice President of Global Business and Real Estate Development of Kerzner International to the weekly Distinguished Speaker Series. With over two decades of hospitality development experience, Macpherson brings a unique and significant skill set to the exclusive discussion. Macpherson began his post with Kerzner International 12… Continue Reading Paul Macpherson of Kerzner International Visits the Baker Program