Sharma Named Inaugural Edward Friedman and Stuart Mann Professor in Hospitality
THE PENN STATE SCHOOL OF HOSPITALITY MANAGEMENT | August 3, 2022
UNIVERSITY PARK, Pa. — Amit Sharma, professor of hospitality management, has been named the inaugural Edward Friedman and Stuart Mann Professor in Hospitality Management. The professorship supports an outstanding faculty member in the College of Health and Human Development’s School of Hospitality Management to advance the contributions of its holder in teaching, research and public service. “I could not be more pleased that Amit Sharma is the inaugural holder of the Edward Friedman and Stuart Mann Professor in Hospitality Management,” Donna Quadri-Felitti, associate professor and Marvin Asher Endowed Director of the Penn...
The Relationship Between Teaching and Management
Dean Inès Blal | January 12, 2022
By Dean Inès Blal While it might seem rather counter intuitive, gaining some teaching experience can boost a manager’s skill set. We all had a teacher that marked our lives. Equally we can recall a manager who influenced our personal path. Both professions offer a unique way to impact others. Yet, because we tend to dissociate our experience in school from the one on our workplace, we don’t often make this connection. Beyond this common influence role here are the 4 ways in which teaching can nurture our management and ultimately leadership skills. 1. Effective motivation One of the main challenges when teach...
Cloudbeds Raises $150M in Funding to Support Rapid Company Growth
Cloudbeds | November 3, 2021
SoftBank Vision Fund 2 joins existing investors as Cloudbeds advances its technology and grows the functionality of its cloud-based hospitality management software SAN DIEGO, November 3, 2021-- Cloudbeds, the hospitality industry's fastest-growing technology provider, announced it has raised a $150 million Series D round from new and existing investors as it continues growing its team, accelerating customer acquisition, expanding its product offerings, and investing heavily in delivering best-in-class technology to the industry. The funding was led by new investor SoftBank Vision Fund 2, joined by Echo Street, Walleye Capital, and ret...
Capstone Equities Launches New Hospitality Management Division, Rebel Hospitality
Capstone Equities | March 17, 2021
NEW YORK - March 17, 2021 - Embracing the continually evolving landscape of 2021, Capstone Equities, a leading New York-based private equity firm, today announced that it will take the bold step to self-manage their portfolio of hotels with the launch of Rebel Hospitality. With the goal of aligning asset financial performance and owner interests, this self-management model epitomizes the investor-centric mindset of Capstone Equities. Rebel Hospitality offers absolute transparency between operations and investment teams with a technology-oriented management platform that can also be applied in partnership with other hotel owners or invest...
Why There Is Hope Amid the Despair for the Hospitality Industry
Sherif Mamdouh | November 18, 2020
By Sherif Mamdouh A version of this article was previously published on Bilan.ch Deserted airports, lists of countries not to visit, historically low occupancy rates for hotels, unable to crawl back beyond the 10% mark. Unsettling tales abound, and for good reason: we’re facing a violent reality made of layoffs, financial distress, bankruptcies and uncertainty. In this most worrying context, solidarity and compassion must be shown towards the thousands of employees pushed into precarious situations. After this time of empathic reflection, the tourism industry must reflect on its own existential situation.What is really going on? Wh...
Valor Hospitality Partners Appoints Clarence Tan Principal Advisor of Asian Management Division
Valor Hospitality Partners | October 21, 2020
ATLANTA (October 21, 2020) - Valor Hospitality Partners, an award-winning hospitality management company, has named Clarence Tan as the principal and corporate advisor of Valor Asia, the organization’s Singapore and Thailand-based division. Tan joins Valor Hospitality with over 25 years of experience in hotel management, global leadership and senior management. In his new role, Tan will leverage his hospitality management experience, as well as his market knowledge, to support the growth of Valor’s Asian and Australasian portfolios. “We believe the opportunities for franchising in Asia are now more critical than ever, as owners and in...
Hospitality Asset Managers Association (HAMA) Release “Fall 2020 Industry Outlook Survey” Results
HAMA | October 14, 2020
BOSTON - The Hospitality Asset Managers Association (“HAMA”) today released the results of a wide-ranging survey of asset managers' thoughts, experiences and forecasts for the upcoming year as the hotel industry continues to deal with the on-going pandemic. With more than 100 participants, topics ranged from the impact of COVID-19 on RevPAR to which major brands were viewed as having most effectively addressed guest health and safety concerns. The survey also went into depth on the current and future financial status of participant hotels and made predictions on when the recovery will proceed. The survey was conducted in preparation f...
Core Hospitality Appoints Monica Selvik General Manager for Upcoming Moxy Bergen
Core Hospitality | October 6, 2020
The hotel operator Core Hospitality has appointed Monica Selvik as General Manager of upcoming hotel Moxy Bergen. The international brand opens in the Norwegian city in six months. Monica Selvik takes on the role as “Captain” (General Manager in Moxy speak) at Moxy Bergen, a 199-room hotel that opens in March 2021 on the Norwegian west coast. Monica has more than 30 years’ experience from the hotel industry in a plurality of positions from receptionist and revenue manager to hotel manager and sales director. Her experience is mainly from Bergen where she has worked for Nordic Choice Hotels, First Hotels, Thon Hotels and Magic Hotels....
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