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Dr. Ray Schmidgall of The School of Hospitality Business at Michigan
State University Honored with the University of Delaware
Michael D. Olsen Research Achievement Award

(January 19, 2012, East Lansing, Michigan)
- Dr. Ray Schmidgall, Hilton Hotels Professor of Hospitality Financial Management in The School of Hospitality Business at Michigan State University, has received the University of Delaware Michael D. Olsen Research Achievement Award.  The award honors Dr. Olsen and recognizes his contributions to the body of hospitality knowledge and his mentoring of graduate students. 
Dr. Olsen earned both his bachelor’s degree (1967) and his MBA (1973) from MSU’s School of Hotel, Restaurant, and Institutional Management, and is professor emeritus at Virginia Tech.  He was awarded with The School’s Alumni Association Lifetime Academic Achievement Award in 2009.
Dr. Schmidgall’s award was presented on January 6 at the 17th Annual Graduate Education and Graduate Student Research in Hospitality and Tourism Conference’s Awards Dinner at Auburn University.
Dr. Schmidgall has taught in The School for nearly 37 years, and is widely recognized as an expert on hospitality industry accounting practices and known for his work on behalf of the International Council on Hotel, Restaurant and Institutional Education (I-CHRIE) and its FutureFund.  As Hilton Hotels Professor, Dr. Schmidgall has hosted the Hilton Lecture Series at MSU for the past 22 years, bringing to campus industry and academic experts to discuss a different, timely topic each Fall.  His book, “Managerial Accounting for the Hospitality Industry,” is used by hospitality schools throughout the world.  Many of Dr. Schmidgall’s former students have gone on to great success, including Rich Conti (MBA ’76), president of The Plasencia Group, and John Weeman (MBA ’79), president of Partners in Development. 
The Michael D. Olsen Research Achievement Award recognizes an individual “who has made a significant contribution through sustained and focused research leading to important contributions to the body of knowledge in hospitality and tourism.  It considers the overall contribution to the academy, including serving on editorial review boards, international symposia and conferences, graduate education, and mentoring of graduate students.”
Dr. Olsen says, “The award represents the outstanding productivity of a scholar who has contributed significantly to the body of knowledge in hospitality.  Dr. Schmidgall’s work demonstrates how important it is for all hospitality researchers to pursue the advancement of knowledge and to share it with academics and practitioners alike.”

Dr. Schmidgall was equally gracious, saying, “Michael D. Olsen, in my judgment, has impacted hospitality education in a greater degree than any other educator I have known.  It is a great honor to receive this prestigious award named after him.” 


“WE” includes students, faculty, alumni, and industry partners.  “THE” reflects our 85-year expertise in Hospitality Business management and operations, and the addition of a real estate understanding and thinking like an owner throughout our curriculum.

About The School of Hospitality Business at Michigan State University:  We are The School

Recognized as the top-ranked hospitality business school, The School has a unique and industry-specific position within the Broad College of Business at Michigan State University.  Celebrating its 85th anniversary year in 2012, The School has almost 10,000 graduates worldwide, including a number of leading academicians and industry executives who have earned both undergraduate and graduate degrees.  Founded in 1927, The School offers an exceptionally well-crafted curriculum, taught by innovative professors who are leading textbook authors, sought-after consultants, and respected researchers.

The mission of The School is
  • to INSPIRE continuous learning by empowering present and future managers to ACQUIRE knowledge, skills, and global Hospitality Business leadership positions
  • to CREATE knowledge by engaging in collaborative theoretical and applied research for the benefit of undergraduate and graduate students, Hospitality Businesses, and the community of hospitality management scholars
  • to ENGAGE our Hospitality Business partners through outreach and service, and to ENHANCE global Hospitality Business economic, community, and academic development and
  • to CONTINUOUSLY IMPROVE The School's global leadership position in Hospitality Business operations, development, ownership, and management.
The First, The Original, and STILL The Leader…The School of Hospitality Business.  We are The School™.

For more information, please visit us at

Lena Loeffler

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Michigan State University Research Website: 2011 Lodging Market Potential Index Available; Facilitates a Relative Comparison of the 25 Largest Lodging Markets Along Ten Dimensions / November 2011

The School of Hospitality Business Alumni Association at Michigan State University Honors Two Alumni with Lifetime Achievement Awards; Hospitality Educators Dr. H.A. “Andy” Divine (BA ’60) and Professor George Alley (BA ’59) Recognized / August 2011

Students at The School of Hospitality Business at Michigan State University Produce 60th Annual Les Gourmets Evening of Fine Dining for 200 Guests / April 2011

The School of Hospitality Business at Michigan State University Establishes a Real Estate Development Institute to Focus on Hospitality Business Real Estate Development and Ownership / February 2011

Spring 2010 Graduates of Michigan State's School of Hospitality Business Hear Kellogg Hotel's General Manager Joel Heberlein Speak; Student Remarks Given by The School’s Outstanding Senior Alexandra Clark / May 2010

Richard Farrar, VP of Owner & Franchise Services for Marriott International, Captures the Attention of MSU Students in The School of Hospitality Business / February 2010

The School of Hospitality Business at Michigan State University Receives Initial Grant from the J. Willard and Alice S. Marriott Foundation in the Amount of $1.3 million for the $5.8 million Culinary Business Learning Lab Revitalization Project / August 2008

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