Jack  Corgel, Ph. D

Managing Director

​Jack Corgel serves as Managing Director at CBRE Hotels’ Americas Research where he helps the firm develop products for the hotel industry based on property-level financial and real estate performance information, including Hotel Horizons econometric forecast of U.S. hotel market. His work extends to a variety of advisory assignments related to hotels and real estate.

Prior to sabbatical leave and phase retirement in January 2016, Jack Corgel held the Robert C. Baker Professorship in Real Estate at the Cornell University School of Hotel Administration and was the position of the Director of Graduate Studies for the Baker Program in Real Estate. He was the first director of the Center for Hospitality Research. After receiving a Ph. D. degree from the University of Georgia in real estate and corporate finance, he held faculty positions in business schools at major universities before joining Cornell. He will continue to hold a half-time full professor position at Cornell for the next several years.

Jack Corgel published 80 articles in academic and professional journals, mainly on the subjects of real estate finance, investment, valuation, and hospitality real estate. His research appeared in the most prestigious journals in real estate (Real Estate Economics), urban economics (Journal of Urban Economics), insurance (Journal of Risk and Insurance), business law (Journal of the American Business Law Association), and hospitality management (Cornell Quarterly and International Journal of Hospitality Management). In addition, he has written for nearly every national journal read by real estate professionals. His textbook, Real Estate Perspectives, was used throughout the nation for introductory real estate courses. He co-edited and wrote chapters for The Cornell School of Hotel Administration on Hospitality: Cutting Edge Thinking and Practice. Corgel’s current research interests include the relationship between the macro-economy and hotel markets and real estate price and capitalization rate formation.​​