Chris Anderson is a professor at the Cornell Nolan School of Hotel Administration. Prior to his appointment in 2006, he was on the faculty at the Ivey School of Business in London, Ontario, Canada. Professor Anderson’s main research focus is on revenue management and service pricing. He actively works in the application and development of revenue management across numerous industry types, including hotels, airlines, and rental car and tour companies, as well as numerous consumer packaged goods and financial services firms. Professor Anderson’s research has been funded by numerous governmental agencies and industrial partners. He serves on the editorial board of the Journal of Revenue and Pricing Management and is the regional editor for the International Journal of Revenue Management. At the Nolan School of Hotel Administration, Professor Anderson teaches courses in revenue management and service operations management.
Cornell’s Peter and Stephanie Nolan School of Hotel Administration has long represented the gold standard in hospitality education, where professionals from across the globe come together to strategize, solve problems, and forge the future. Cornell now offers a part-time Executive Master of Management in Hospitality to empower working hospitality professionals with the latest best practices in hotel operations, finance, marketing and real estate. By taking part in online courses and an optional in-person residency, you’ll have the opportunity to build connections with peers from around the world, expand your view of the industry and become a more intentional and effective hospitality leader.
CORE COURSES
- Corporate Finance
- Hospitality Operations Management
- Marketing Management for Services
- Managerial Accounting
- Leading and Transforming Hospitality Organizations
- Human Resources Management
- Hospitality Strategic Management (Capstone)
ELECTIVE COURSES
- Hospitality Real Estate, Asset Management, and Development
- Principles of Hotel Real Estate
- Hospitality Real Estate Development
- Hospitality Asset Management Strategic and Tactical Processes
- Hospitality Asset Management Financial Management and Capital Investment Strategies
- Real Estate Investment Modeling
- Real Estate Law
- Digital Marketing, Revenue Management, and Data Analytics
- Automation, AI and ML in Hospitality
- Integrated Marketing Communications
- Hospitality Analytics
- Revenue Management
- Brand Management
- Restaurant Distribution Strategies
- Leadership and Communication
- Management Communication
- Negotiation Strategy and Skill Practicum
- Impactful Unscripted Communication
- Discrimination & Labor Law
ON-CAMPUS ELECTIVE
- Week-long residential session in Ithaca, New York, (late August) focused on leadership and innovation – providing an in-person opportunity to engage with classmates, faculty and industry leaders.
- Final dates to be announced
How It Works
FACULTY
Steven Carvell joined the Cornell University School of Hotel Administration’s finance faculty in 1986 and is currently a Professor of Finance in the SC Johnson College of Business. Over the past 33 years, he has taught undergraduate and graduate courses such as Advanced Corporate Finance, Capital Budgeting, Financial Strategy, and Investments. Dr. Carvell has also been an active teacher in executive education since 1990, working with almost every major domestic and international hotel company to create custom courses for hotel executives with companies like Hilton, Marriott, InterContinental Hotel Group, Taj Hotels, Jumeirah, Accor, Sol Melia, Le Meridien, Shangri La, and Peninsula. Dr. Carvell has also authored eight distance-learning courses through eCornell that are among the most widely demanded courses offered. He has held academic leadership positions at the School of Hotel Administration since 1999, serving as the Associate Dean for Academic Affairs from 2007 to 2016 and the Academic Director of the Pillsbury Institute for Entrepreneurship from 2013 to 2016.
Dr. Carvell has published numerous articles in academic and professional journals, including the Financial Analysts Journal, Journal of Portfolio Management, the Harvard Business Review, and the Cornell Quarterly, and he is the co-author of “In the Shadows of Wall Street.” His work has been featured in the Wall Street Journal, The New York Times, Forbes, Fortune, Institutional Investor, Financial World, and Leaders. Dr. Carvell has recently finished a major project designed to identify the determinants of hotel demand for U.S. hotels and another on economic and capital market antecedents of venture capital commitments. He is currently working on a project to disaggregate hotel room rates within urban markets and another to determine the risk-return characteristics of hotel room rates in major U.S. markets. Dr. Carvell is also involved with evaluating the effectiveness of hotel company business strategies using strategic benchmarking and economic value-added analysis.
Dr. Carvell has worked for professional money managers in the area of applied strategy in the equity market and served as a consultant to the Presidential Commission on the 1987 stock market crash. His consulting interests include valuation and risk analysis in feasibility studies, hotel debt capacity, strategic benchmarking, and corporate and financial strategy.
Elena Belavina is an associate professor at the SC Johnson College of Business. She collaborates with startups, established companies, and public agencies to study issues of sustainable urban transportation, food waste, grocery retail, and supply chains. Her recent research has examined how the grocery industry’s structure and pricing policies influence food waste, the environmental impact of online grocery shopping, and the design of bike-share systems. Professor Belavina has also studied sustainable sourcing, relational contracts, and supply network design, including the role of supply chain intermediaries. Methodologically, her research involves holistic analysis of logistic and economic systems, as well as econometric analysis of large data sets to advise on system improvements and policies.
Prior to joining Johnson, Professor Belavina was on the faculty of the Booth School of Business at the University of Chicago and earned a Ph.D. from INSEAD as well as Bachelor’s and Master’s degrees in Applied Mathematics and Physics from the Moscow Institute of Physics and Technology.
Rob Kwortnik, Associate Professor of Services Marketing, joined Cornell’s faculty after earning his Ph.D. in Business Administration from Temple University in 2003. He also earned a B.A. in Journalism from Temple and an MBA from California State University, Northridge. Professor Kwortnik’s research focuses on consumer behavior in service contexts, with special attention to service experience management. He has published in the Journal of Marketing Research, Journal of Service Research, The International Journal of Research in Marketing, and the Cornell Hospitality Quarterly, among others. He has been honored eight times as a Teacher of the Year by students at the School of Hotel Administration. Prior to his career in academics, Professor Kwortnik held several professional positions in marketing and was a travel industry consultant. He is a recognized expert on the leisure cruise industry.
Chekitan Dev is an internationally renowned scholar and thought leader on marketing and branding in the hospitality, travel, and tourism industries. As an expert witness, he has testified in deposition, at trial, and at arbitration in numerous hospitality-related matters, both in the United States and internationally, including multiple cases involving hotel owner–brand relationships and the online travel industry.
Professor Dev has consulted on marketing and branding to major corporations. He has more than 40 years of experience analyzing an array of issues involving hotels, travel, and tourism. Professor Dev’s recent research has focused on how branding and rebranding affect both public perception and profitability in the hospitality industry. In particular, he has assessed key drivers of profitability and customer loyalty, including branding, digital marketing, and consumer service. Professor Dev has also evaluated brand portfolio strategy in the context of hotel mergers.
An award-winning author, Professor Dev wrote “Hospitality Branding” (Cornell University Press), as well as over 100 articles in leading academic and practitioner journals, including the Journal of Marketing, the Journal of Marketing Research, and Harvard Business Review. He has coauthored multiple case studies for Harvard Business School and in 2019 received the overall winner award for best case study from the Case Centre at the Cranfield School of Management (UK). The American Marketing Association recognized Professor Dev and his coauthors as finalists for the Best Service Research Paper of the Year Award for their article “Return on Service Amenities” (Journal of Marketing Research, 2017).
Professor Dev is a sought-after commentator on hospitality trends. He has been interviewed numerous times in the mainstream media, and his research has been featured in The Wall Street Journal, The New York Times, The Washington Post, The Economist, and the International Herald Tribune, among others. The Hospitality Sales and Marketing Association International (HSMAI) has selected Professor Dev as one of the “Top 25 Most Extraordinary Minds in Hospitality, Travel and Tourism Sales and Marketing.”
At Cornell’s Nolan School of Hotel Administration, Professor Dev teaches courses on brand and marketing management.
Mary MacAusland is a professor of practice of accounting at the Cornell Peter and Stephanie Nolan School of Hotel Administration in the Cornell SC Johnson College of Business, where she teaches courses in financial and managerial accounting, financial statement analysis, and hospitality financial management. Prior to joining Cornell, she was actively engaged in both academe and industry, serving in senior positions in several organizations.
MacAusland is a member of the Global Finance Committee of HFTP with responsibility for the content of the 12th edition of the Uniform System of Accounts for the Lodging Industry (USALI). She has served as treasurer of the Community Foundation of Tompkins County and was a long-time member of the investment committee for the Berks County (Pennsylvania) Community Foundation, where she was also integral in establishing a permanent fund with the foundation to provide grants for tennis programs for at-risk youth. MacAusland previously worked in life-care management and development and has held numerous positions with the United States Tennis Association (USTA), most recently as vice-chair of the audit committee. She served on the executive boards of USTA Middle States, and the Berks County Chapter of the American Red Cross for many years chairing several special events raising significant amounts for local charities.
MacAusland received her PhD from the Pennsylvania State University and her MBA from St. Joseph’s University. She holds a bachelor of business administration in accounting from Temple University.
Kate Walsh is Dean of the Cornell Nolan School of Hotel Administration and E. M. Statler Professor. A professor of management, Dean Walsh has been a member of the Hotel School’s faculty since 2000. She received her Ph.D. from the Carroll School of Management at Boston College and her MPS degree from Cornell’s School of Hotel Administration. She holds a Bachelor of Science degree in Accounting from Fairfield University.
Dean Walsh’s primary research is in identity, leadership, and career development. She also conducts research examining the impact of strategic human capital investments. In addition to contributing to numerous books, Dean Walsh’s articles have appeared in such outlets as Journal of Management, Journal of Service Research, Journal of Organizational Behavior, Journal of Vocational Behavior, Human Resource Management Review, Organization Science, Career Development International, The Service Industries Journal, Trends in Organizational Behavior, Research in Management Consulting, Journal of Applied Behavioral Science, The Learning Organization, International Journal of Hospitality Management, and The Cornell Hospitality Quarterly.
Dean Walsh has extensive industry experience. She is the former director of training and development for Nikko Hotels International, corporate training manager for the former Bristol Hotels, and senior auditor for Loews Corporation. Dean Walsh is also a former New York State Certified Public Accountant.
Dean Walsh began her second term as dean on July 2, 2021. Since the beginning of her administration, she has focused on positioning Nolan for the future of hospitality business education as well as contributing to the Cornell SC Johnson College of Business. This includes undertaking a comprehensive renewal of the graduate and undergraduate curricula, developing Nolan’s online global presence, launching two new graduate degree programs, and providing thought leadership for the hospitality industry, most notably through the creation of industry-based webinars to guide the industry during the pandemic as well as supporting extensive outreach and engagement through Nolan’s six centers and institutes.
Dean Walsh serves on the boards of the American Hotel and Lodging Association, including serving on its Educational Foundation’s DE&I committee, and Yonsei University’s School of Business.
Brad Wellstead has gathered several careers on his way to becoming a faculty member at the Cornell Peter and Stephanie Nolan School of Hotel Administration. In 1983, he graduated from the Cornell School of Architecture, Art, and Planning and worked as an architect for several years as a design-build developer and as a senior design architect with Group 70 International in Honolulu, Hawaii. The work in Hawaii awakened a passion for hospitality and resort design.
Mr. Wellstead reoriented his career toward project and construction management with an MPS/M.S. degree from the Cornell School of Hotel Administration in 1996. That degree afforded him the opportunity to explore some of the early research forays into sustainable development, resulting in a thesis on sustainable tourism development. Mr. Wellstead relocated to Portland, Oregon, to pursue his dream of founding Ethos Development, a project management services firm. Over 18 years, Ethos managed over $2.1 billion in projects across numerous sectors, including hospitality, healthcare, research, government, and higher education.
Mr. Wellstead returned to Cornell to initiate his third career in academia. His academic research interests include new trends in hospitality design, exploring the dynamics of the feasibility/development transition, the art and organization of project management, the value of sustainability practices, and participation in the continued status and excellence of the Nolan School of Hotel Administration as the ultimate hospitality business school.
Jeanne Varney is a senior lecturer at the Cornell Nolan School of Hotel Administration. She is part of the Property Development and Management Department, where she is responsible for the curriculum in Hospitality Facilities Management, Hospitality Asset Management, Sustainable Development, and Introduction to Sustainable Hospitality Principles. In Hospitality Facilities Management, Professor Varney combines the technical facilities curriculum with a practical management perspective. In Hospitality Asset Management, she examines the broad range of issues faced by hotel ownership groups requiring asset management oversight and analyses, as well as how to influence results that meet ownership objectives. In Sustainable Development, Professor Varney leads students through the principles, methodology, and strategic application of green hotel development and practices in an engaged learning environment. In Introduction to Sustainable Hospitality Principles, she guides students through the implementation of tactical green principles, policies, and practices.
Outside Cornell, Professor Varney is a principal with Olive Hospitality Consulting, where she provides practical sustainability solutions to businesses looking to improve the “triple bottom line” for their organizations. She has more than 20 years of real estate, operations, and sustainable hospitality experience. Prior to establishing Olive Hospitality Consulting, Professor Varney was vice president of asset management at Host Hotels and Resorts, administering the full range of ownership responsibilities, including operational and capital expenditure budgeting, ongoing operational reviews, and long-term strategic planning for the properties. She previously held positions with Marriott International Corporate Headquarters and Horwath Landauer Hospitality Consulting, as well as positions with the Ritz-Carlton Hotel Company and Four Seasons Hotels and Resorts.
In addition to her professional duties, Professor Varney is an international past-president for NEWH, Inc., and a founding member of the NEWH Sustainability Committee. She is also a member of U.S. Green Building Council, Sustainable Hospitality Council, Cornell Real Estate Council, and Cornell Hotel Society. Professor Varney holds an MBA from the George Washington University and a B.S. degree in Hotel Administration from Cornell University.
J. Bruce Tracey is a Professor of Management at Cornell University’s Nolan School of Hotel Administration. Professor Tracey has taught courses in human resources management for undergraduate, graduate, and professional audiences throughout North America, Europe, the Middle East, Africa, and Asia, winning several awards for his efforts. He has conducted research on a wide range of strategic and operational-level HR topics, including the roles and relevance of HR flexibility, the impact of training initiatives on individual and firm performance, employee turnover, employment law, and leadership.
Professor Tracey has presented his work at numerous regional, national, and international conferences, and his research has been published in many of the top-tier discipline and applied outlets, including the Journal of Applied Psychology, Personnel Psychology, Journal of Management, Organizational Research Methods, Cornell Hospitality Quarterly, and the University of Pennsylvania Journal of Labor and Employment Law. Professor Tracey’s sponsors for research and consulting include Four Seasons Hotels and Resorts, Hilton Worldwide, Marriott International, Mövenpick Hotels and Resorts, Wynn Resorts, Hillstone Restaurant Group, and Uno Chicago Grill, and he has been cited in the New York Times, USA Today, Fast Company, and the Orlando Sentinel, among other popular press outlets.
Daniel Lebret is a senior lecturer in real estate finance at the Cornell Nolan School of Hotel Administration. He has been at Cornell University since he received his Ph.D. in 2008, and his teaching responsibilities have included undergraduate and graduate courses on real estate finance, real estate financial modeling, real estate statistical modeling, urban economics, securitization, and structured finance, along with coaching teams of students for real estate finance case competitions.
Adam Klausner is a senior lecturer at the Cornell SC Johnson College of Business. He teaches courses in law: Real Estate Law (HADM 4870), Internet Law (HADM 4890), and Law for Entrepreneurs (HADM 4800/6800), and the graduate class Real Estate Law (HADM 6870). Adam is also a practicing corporate, business and real estate lawyer with 30 years’ experience. He provides counsel to a range of companies in fields that include real estate development, hospitality, software, technology, and manufacturing. Adam also represents non-profit organizations, including groups dedicated to the promotion of culture, music, education, international development, history, and the environment.
Maria Wolfe is a senior lecturer of management communication at the Cornell Nolan School of Hotel Administration and teaches courses in business writing, persuasive communication, and oral delivery skills. She has over 25 years of teaching experience and has taught communication and management classes in the U.S. and internationally. Maria holds a PhD in rhetoric and professional communication and has won several teaching excellence awards. Most recently, her expertise led to two newly developed eCornell courses: “Impactful Unscripted Communication” and “Virtual Communication.”
Maria has worked with business professionals and industry groups to coach them in effective written and oral skills, powerful stage presence, overcoming speech anxiety, and leadership communications. In addition to her involvement in undergraduate and executive education programs, Maria serves as the Communication Center director at the Nolan School of Hotel Administration.
Andrew Quagliata is a Senior Lecturer in Management Communication at Cornell University’s Nolan School of Hotel Administration. Dr. Quagliata teaches courses in business writing, persuasive communication, entrepreneurial communication, and real estate communication. He engages with industry by speaking and delivering workshops on topics related to interpersonal communication, presentation skills, workplace writing, relationship building, storytelling, and influence. Professor Quagliata holds a Ph.D. in Organizational Communication from the University at Buffalo. Prior to his arrival at Cornell, he held professional positions in finance and higher education.
Neil Tarallo is a senior lecturer of entrepreneurship at the Cornell School of Hotel Administration. He currently serves as the director of the Cornell University Entrepreneurship Bootcamp for Disabled Veterans (EBV), which offers entrepreneurship education to post 9/11 veterans and as the director (interim) of the Leland C. and Mary M. Pillsbury Institute for Hospitality Entrepreneurship. He has also served as the curriculum lead and co-PI for the U.S. Small Business Administration, Office of Veteran Business Development’s boots2business program.
As an entrepreneur, Tarallo has owned and operated companies in the fields of photographic retail and quick printing. He has also purchased, rehabilitated, and sold numerous businesses. Tarallo currently has an active consulting practice as well a commercial real estate development and management company. He is also member of a venture capital partnership and an active angel investor.
A seasoned active entrepreneur, academic, and consultant with a proven track record of bringing real world experiences to students, veterans, and corporate/non-profit clients internationally in the classroom, online, and through seminars.
”I teach and have created a broad spectrum of entrepreneurship courses for delivery in the classroom and online with significant experience developing academic entrepreneurship programs, including centers and institutes, dating back to 1994. Teaching experiences in Djibouti (Africa), South Africa, Germany, Italy, South Korea, and Japan have given me the opportunity to observe entrepreneurship in cultures and economies outside of the United States. These experiences have broadened my entrepreneurial repertoire in the classroom and in consulting engagements.
These experiences have also helped me to understand the importance of aggregating theory and practice in the classroom. I have found that by designing a curriculum rich in experiential learning opportunities and engaging students in a real world application of knowledge, I am able to provide a more impactful learning experience that will also translate into their professional lives.
Along the way I have developed expertise in establishing entrepreneurial behavior, culture, mindset, and structure for existing corporations/organizations with over 20 years’ experience applying these skills in corporate and academic environments as an entrepreneur and consultant. When I am not teaching, I work with corporations and non-profits to help them create new markets through value proposition design, customer experience mapping, and business model evolution.”
Lilly Jan is a lecturer of food and beverage at Cornell’s School of Hotel Administration. She brings nearly 15 years of experience in hospitality and foodservice, having worked in restaurants, catering and events, retail, and television production. Prior to joining Cornell, Dr. Jan was the Director of Culinary Operations for Newbury College in Brookline, Massachusetts. She also served as a faculty member and academic advisor at Newbury College, creating and teaching a range of classes across culinary and hospitality management. Dr, Jan has also taught for Le Cordon Bleu and Boston University.
As a chef, product and recipe developer, and foodservice consultant, Dr. Jan has worked with a variety of food-based businesses, including a food truck, on-demand food delivery, food startup, and retail food stores. She specializes in operations management, focusing on ushering food business concepts to market.
A frequent speaker and media contact on food culture, cooking, and Chinese cuisine, Dr. Jan has been featured in print and radio outlets. She worked on TV production for America’s Test Kitchen and was a regular contributor for WGBH’s Boston Public Radio.
Dr. Jan is a two-time graduate of Boston University in Communications (B.Sc.) and Gastronomy (MLA). She earned her Ph.D. from Iowa State University in hospitality management with a focus on food allergy knowledge and training in ethnic restaurants. Dr. Jan’s research interests include workplace training and education in foodservice, career progression in foodservice, food safety and food allergy in restaurants, and culture and cuisine.
Professor Tony Simons teaches organizational behavior, negotiation, and leadership at the Cornell Nolan School of Hotel Administration. His research examines trust: employee trust in leaders, executive team member trust, and trust in supply chain relationships. Professor Simons’s research has focused on how well people are seen as keeping their word by delivering on their promises and living espoused values. This simple perception has huge practical consequences and is challenging to maintain impeccably. Professor Simons’s research and consulting work supports managers in meeting this challenge. He speaks, trains, consults, and designs surveys for organizations both within and beyond the hospitality industry.
David Sherwyn is the John and Melissa Ceriale Professor of Hospitality Human Resources and a Professor of Law at Cornell University’s Nolan School of Hotel Administration. He is also the academic director of the Cornell Center for Innovative Hospitality Labor and Employment Relations as well as a research fellow at the Center for Labor and Employment Law at New York University’s School of Law. In addition, Professor Sherwyn is of counsel to the law firm of Stokes & Wagner. Prior to joining the School of Hotel Administration, Professor Sherwyn practiced management-side labor and employment law for six years.
Professor Sherwyn has published articles in the Arizona State Law Review, Berkeley Journal of Labor and Employment Law, Cornell Hospitality Quarterly, Fordham Law Review, University of California Hastings Law Journal, Indiana Law Journal, Northwestern Law Review, Stanford Law Review, and the University of Pennsylvania Labor and Employment Law Journal. His research interests include arbitration of discrimination lawsuits and union-management relations.
Peng Liu is a full professor of real estate and finance at Cornell SC Johnson College of Business. He has held the position of Singapore Tourism Distinguished Chair Professor in Asian Hospitality Management at the Cornell Peter and Stephanie Nolan School of Hotel Administration since 2016 and became an inaugural faculty member at the Paul Rubacha Department of Real Estate in 2023. Liu is an active researcher and serves as the editor for the Journal of Real Estate Portfolio Management, an official journal of the American Real Estate Society.
Liu’s research focuses on the interaction between the financial market and the real economy, with a broad interest in the valuations of real assets such as commercial real estate and commodities. Additionally, he explores topics related to hospitality management, securitization, and REITs, as well as market analysis in various industries including retail, airline, hotel, and recreational sectors. Liu has an impressive publication record in esteemed journals, including the Review of Financial Studies, Management Science, Real Estate Economics, Journal of Real Estate Finance and Economics, Journal of Banking and Finance, Journal of Empirical Finance, Tourism Management, and International Journal of Hospitality Management, among others.
Before transitioning to academia, Liu garnered valuable industry experience through his tenure at Goldman Sachs Asset Management in New York City and as a senior consultant at Deloitte Consulting in Beijing. His expertise in securitization is highly respected, particularly within the Chinese market. Presently, he holds advisory positions with esteemed organizations such as the Shenzhen Security Exchange, the China Insurance Asset Management Association, and the Global Asset Allocation and Securitization Forum.
Liu earned a PhD with a co-major in finance and real estate from the Haas School of Business at University of California, Berkeley. He also holds a master’s degree in financial economics from Peking University and a bachelor’s degree in engineering from Tsinghua University, China.
Who Should Apply
- Hospitality managers, directors, and general managers who are in or aspiring to leadership roles
- Business professionals newer to the hospitality industry looking to translate their outside expertise and experience
- Owners, operators, and managers looking to accelerate growth and profitability
- Service providers, vendors, and partners looking to deeply understand the hospitality industry and grow their business