Hospitality Real Estate Strategy Group

The Hospitality Real Estate Strategy Group focuses on teaching, research and outreach related to real estate, strategy and entrepreneurship in the hospitality industry.
Current advisors to the Hospitality Real Estate Strategy Group
Barry Bloom, Ph.D | President and Chief Operating Officer
Xenia Hotels & Resorts
Edward Blum | Executive Vice President, Development & Acquisitions
Aimbridge Hospitality
Gary Brandeis | President and Founder
Scholar Hotel Group
George Dabney | Chief Financial Officer (CFO)
Noble Investment Group
Bill Fortier | Senior Vice President, Development
Hilton
Michael Fruin | Senior Vice President, Development
WaterWalk Holding Company
Steve Hood | Senior Vice President, Research
STR
Eric Jacobs | Global Officer, Consumer Operations
Marriott International
Robert Mandelbaum | Director of Research Information Services
CBRE Hotels
Heidi Nicholas | Principal
Nicholas Enterprises
John O’Neill, Ph.D. | 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
Academic Advisors
Brent Ambrose, Ph.D. | Smeal Professor of Real Estate and Director
Institute for Real Estate Studies, Smeal College of Business
The Pennsylvania State University
Bing Wang, Ph.D. | Associate Professor and Area Head
Real Estate and the Built Environment
Co-chair, Real Estate Management: Design, Finance and Leadership, Harvard Business School
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.