Hospitality Real Estate Strategy Group

The Hospitality Real Estate Strategy Group focuses on teaching, research and outreach related to real estate and strategy in the hospitality industry.

Current advisors to the Hospitality Real Estate Strategy Group

Barry Bloom
President and Chief Operating Officer
Xenia Hotels & Resorts

Edward Blum
Executive Vice President, Development & Acquisitions
Interstate Hotels & Resorts

George Dabney
Managing Director
Brookfield Property Group

Bill Fortier
Senior Vice President, Development
Hilton

Michael Fruin
Vice President
Sonesta Hotels International

Steve Hood
Senior Vice President, Research
STR

Eric Jacobs
Chief Development Officer, Select Service Brands
Marriott International

Robert Mandelbaum
Director of Research Information Services
CBRE Hotels

Heidi Nicholas
Principal
Nicholas Enterprises

John O’Neill
Professor and Director, Hospitality Real Estate Strategy Group
The Pennsylvania State University

Richard Pastorino
President
REVPAR International

Stephen Rushmore, Jr.
President and CEO
HVS

Alex Sahakian
President
Highland Holding Group

Mathias Shaner
Chairman and CEO
Shaner Investments

The Penn State Index of U.S. Hotel Values

The group also produces the Penn State Index of U.S. Hotel Values, an index that projects hotel values for the overall U.S. and for the specific hotel property types of Luxury, Upper Upscale, Upscale, Upper Midscale, Midscale and Economy hotels.