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CHR INSIGHTS & NEWS
CHR Research Brief: Impact of Occupancy Taxes on the Sharing Economy
"Efforts to collect occupancy taxes on Airbnb lodging listings, designed by public policy makers to regulate the homesharing market, have put individual hosts at a distinct disadvantage compared to commercial listings, rather than leveling the playing field as intended, Yao Cui's and Andrew Davis' new research shows."

Read the brief >>
Cornell Hotel Real Estate Indices Q2: Heading into Economic Headwinds
"The price of hotels rose in all regions except the Mid-Atlantic this quarter. Hotel prices in the Mountain and South Atlantic regions reached new statistical highs, while hotel prices in the Pacific region continued to remain above their statistical high. Hotels in non-gateway cities posted higher quarterly gains relative to gateway cities, as non-gateway prices increased 5 percent, compared to 3 percent for hotels in gateway cities."

Read the full report >>
New Research Theme to Solidify SC Johnson College as a Leader in Sustainability
"Each school within the SC Johnson College creates opportunities for faculty, students, alumni, and industry leaders to engage with one another, share approaches, and exchange ideas focused on sustainable management. The Nolan School’s Center for Hospitality Research holds annual sustainability roundtables focused on the hospitality industry and publishes its Cornell Hotel Sustainability Benchmarking study annually."

Read the full article >>
The Next 100 Years: Innovators and Disruptors Shaping the Future of Hospitality
Hospitality industry leaders and academic experts convened for a keynote webinar to discuss strategies of innovators and disruptors, lessons to be learned from these forerunners’ successes and failures, key drivers of innovation and disruption in travel, and predictions for the future.

Read the full article >>
Chris Anderson is named 2022 Revenue Optimization Educator of the Year by HSMAI and Expedia Group
"This year, HSMAI is awarding the Revenue Optimization Educator of the Year Award to Chris Anderson, Professor and Director of the Executive Master of Management in Hospitality at the Cornell Nolan School of Hotel Administration. Anderson’s main research focus is on revenue management and service pricing."

Read the full article >>
UPCOMING MEMBER EVENTS
13th Annual Sustainability Roundtable
September 29-30, 2022
Ithaca, NY
Member events are by invitation only. Please email us with any questions. 
INDUSTRY INSIGHTS
AHLA: Hotels' Recovery Continues, Workforce Challenges Remain
"Midway through 2022, the hotel industry continues to make strides toward recovery, with nominal hotel room revenue and state and local tax revenues projected to exceed 2019 levels by the end of this year, according to the American Hotel & Lodging Association (AHLA)’s 2022 Midyear State of the Hotel Industry Report."

Read the full report >>
Quantifying The Franchise Relationship During COVID-19
CHR board member, Robert Mandelbaum of CBRE Hotels Research, discusses the franchise relationship: "The relationship between the hotel brands and their franchisees was favorable and constructive in 2020. Both recognized that the impact of COVID was largely out of their control, and the best chances for both entities to survive relied on cooperation."

Read more from Hospitality Net >>
Amadeus: Technology's Role in the Renewal of Travel
CHR board member, Joe Ahmed Youssef of Amadeus, "explains two travel trends he believes are here to stay – one related to travelers’ ability to work from anywhere and combine that with leisure travel, and the second related to changes in booking behaviors, specifically around channels and lead time."

Watch the interview from PhocusWire >>
DATA INSIGHTS
Industry Health Dashboard
This dashboard is designed to provide critical insights to the hotel community. Updates are made weekly. 
STR's logo
For the week ending 23 July, U.S. weekday (Monday-Wednesday) occupancy (73%) reached its highest level of the pandemic-era. Weekday occupancy for the Top 25 Markets remained above 75% for a second consecutive week, which was the third highest level since the start of the pandemic.
Among the top 10 largest countries based on supply, the U.K. led with occupancy of 83%, while France, Spain, Italy, and Canada all reported occupancy above 75% for the week ending 23 July. Occupancy in China continued to increase as it has for the past seven weeks—the country’s latest result (62%) was its highest of the year.

CHR | Events | Membership
Advisory Board 

Cornell University
Nolan School of Hotel Administration
Center for Hospitality Research
149 Statler Hall
Ithaca, NY 14853

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