Tag: Hospitality

The Golden Age of Travel May Just Be Around the Corner: Hospitality Insights from Art Adler of Adler Advisors, LLC

Katie Latchford on

Art Adler is no stranger to working hard, building genuine relationships, and creating a long legacy of success as a trusted voice and leader in hospitality transactions and consulting.  From humble beginnings to becoming the CEO and Chairman of Jones Lang Lasalle (JLL)’s Hotels & Hospitality Group for the Americas, Mr. Adler’s stories and industry… Continue Reading The Golden Age of Travel May Just Be Around the Corner: Hospitality Insights from Art Adler of Adler Advisors, LLC

A Shock Unlike Any Other – Vijay Dandapani (SHA ’87) on the State of NYC’s Hotel Market

Adam Welch on

The hotel industry in New York City has seen its fair share of macroeconomic shocks over the past few decades.  From the 1975 fiscal crisis, to the stock market crash of 1987, the terrorist attacks of September 11th, and of course the great recession in 2008 – the hotel industry in the financial capital of… Continue Reading A Shock Unlike Any Other – Vijay Dandapani (SHA ’87) on the State of NYC’s Hotel Market

Sajan Hansji: Defining risks through the lens of a Real Estate Entrepreneur

Joshua Lau on

How one person views risk, may be completely different from how somebody else sees it.  This was the underlying theme of the day when Sajan Hansji visited the Baker Program in Real Estate at Cornell University this past Thursday.  Sajan is an esteemed Hotelie who graduated from Cornell’s School of Hotel Administration in 2004, and… Continue Reading Sajan Hansji: Defining risks through the lens of a Real Estate Entrepreneur

DSS WRAP-UP: DARIEN WRIGHT, CHIEF OPERATING OFFICER AT BROOKWOOD HOTELS

Julian Karel on

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

The Growth of Branded Residences

Ali Daye on

Residential buildings affiliated with popular brands have been around for quite some time. In today’s globalized market, however, they are seeing exponential growth, as wealthy individuals are looking for second homes.  Today there are over 400 branded residences across the globe, accounting for over 55,000 units. The US is the largest market for branded residences,… Continue Reading The Growth of Branded Residences

Is a Multi-branded Hotel the Right Option for You? Things to Consider Before Investing in a Multi-Branded Hotel Asset

Lera Covington on

Have you ever heard the phrase “kill two birds with one stone?”  If so, you are not alone.  The growing number of dual- and triple-branded hotels opening up across the U.S. suggests that many hospitality owners, developers and brands are expertly applying this logic to the lodging industry.  Dual- and triple-branded hotels, jointly referred to… Continue Reading Is a Multi-branded Hotel the Right Option for You? Things to Consider Before Investing in a Multi-Branded Hotel Asset

Look Out for the Smart Hotel: The Hospitality Industry is On the Verge of Embracing the Internet of Things

Ali Daye on

From smart buildings to smart cities, the Internet of Things (IoT) is rapidly shaping the way human beings interact with the built environment and various real estate asset classes. Implementing technology into the built environment now allows us to tailor the inhabitant experience and collect and analyze user data to make better decisions for efficiencies… Continue Reading Look Out for the Smart Hotel: The Hospitality Industry is On the Verge of Embracing the Internet of Things

Pop-Ups Offer Landlords a Perfect Fit

John R. Thompson on

Developers and landlords are faced with a perennial issue: how can they more fully utilize their properties, particularly during lease-up? The period from building completion to stabilization, and any other period of considerable vacancy in a multi-tenant property, can be a challenging time for landlords. At the same time, consumer behavior is causing creative destruction… Continue Reading Pop-Ups Offer Landlords a Perfect Fit

DSS Wrap-up: Dennis Kessler, Co-Founder of Kessler Restaurants (4 mins)

Dustin Dunham on

  Last week the Baker Program was honored to have entrepreneur, philanthropist and restaurateur, Dennis Kessler, on campus to meet with students in the Distinguished Speaker Series. Dennis co-founded Kessler Restaurants LLC in 1975 with his brother and is a passionate philanthropist and business leader the greater Rochester community. Over the last 30 years, Kessler… Continue Reading DSS Wrap-up: Dennis Kessler, Co-Founder of Kessler Restaurants (4 mins)

DSS Wrap-up: Paul MacPherson Returns to Ready Students for Dubai Trek

Ali Daye on

Last Thursday, Paul MacPherson returned to Cornell for his second time as part of the Distinguished Speaker Series. Paul is the Executive Vice President of Global Business and Real Estate Development of Kerzner International in Dubai. He has lived in Dubai for 12 years and his visit was in anticipation of the Second-year Baker student’s international… Continue Reading DSS Wrap-up: Paul MacPherson Returns to Ready Students for Dubai Trek