New Publications
Is It Time for Bottom Fishing?
Cornell Hotel Indices: 3rd Quarter
By Crocker Liu, Adam Nowack, and Robert White Jr.

"Both our moving average trendlines and standardized unexpected price performance metrics indicate continuing negative price momentum for both large and small hotels. The relative risk premium that lenders require for hotels is still higher than that of other commercial real estate, except for retail properties. Our tea leaves suggest that both large and small hotels should continue to decline in price."
The Year in Review
The Center for Hospitality Research Annual Report, 2019-2020

See what the Center for Hospitality Research has been up to from July 2019 - July 2020. 
Case Study Challenge:
Submit Your Solutions Today!

Read the Neemrana Hotels Hospitality Case and in 100 words or less, email your solutions to the CHR. Case co-authors Professor Chekitan Dev and Laure Stroock will select a handful of your solutions to feature, along with Aman’s and Sonavi’s solution, in an upcoming School of Hotel Administration BusinessFeed story. Deadline for submission is today, October 16. 

Did you miss our latest Keynote webinar?

Watch the recording of The Future of Air Travel: Managing COVID-19 While Bringing Travelers Back. Learn from Antonio Figueiredo (Salesforce), Jeff Katz (Journera), Mark Nasr (Air Canada), and Don Uselmann (JetBlue) as they discuss rebuilding consumer confidence in air travel, leveraging loyalty programs to bring travelers back, and how the air travel experience will evolve and what impact these changes will have on the structure of the industry in a conversation moderated by professor Chris Anderson.
See a comprehensive list of upcoming webinars in the C&I Weekly Web Events email, arriving in your inbox every Sunday. 

Lodging Sector Update 

During October 4-10, U.S. hotel occupancy hit 50% for just the second time since the low point of the pandemic. While a handful of the highest occupancy markets were those in areas affected by natural disasters (i.e. California wildfires), Saturday produced the week’s highest occupancy (65.2%) and ADR ($110), indicating that the leisure and weekend staycation demand seen during the summer may make appearances into the fall. At the same time, occupancy in the Top 25 Markets continues to trail all others.
Ahead of the Curve: A Kalibri Labs Series
An in-depth look at the impact of the pandemic and potential shape of recovery in specific markets. Click here to read about the NYC, Houston, Atlanta, and Los Angeles markets. Available next week: Chicago. 
A New Revenue Learning Curve for Graduate Hotels
"As early as April we started promoting our hotels to longer stay students who feel safer in our spaces where they have their own private bathroom rather than a dorm with shared facilities. The demand built up slowly, and then as we got closer to the schools reopening the demand really shifted. We have seen two different segments emerging:
  • Parents securing rooms specifically for their children for whole semesters
  • Universities with a shortage of housing contracting directly with us."
Upcoming Events
Seize the data at ADARA's 3-day virtual conference that includes workshops, thought leadership, and keynotes about: 

| Events | Membership
Advisory Board 

School of Hotel Administration, Cornell University
149 Statler Hall
Ithaca, NY 14853