What's Happening?
John B. 'Jack' Corgel has been named Senior Advisor at Woodworth Core Group. Corgel, a Professor Emeritus at Cornell University's Nolan School of Hotel Administration, brings extensive experience in real estate and hospitality research. He previously held the Robert C. Baker Chair in Real Estate at Cornell and was the first director of the Center for Hospitality Research. Corgel has also served as a senior research advisor to CBRE Hotels Research, contributing to the development of industry products like the Hotel Horizons econometric forecast.
Why It's Important?
Corgel's appointment is significant for Woodworth Core Group, as his expertise in real estate and hospitality research is expected to enhance the firm's analytical capabilities. His background in econometric forecasting and property-level financial analysis will be valuable in providing strategic insights and support to clients. This move also reflects the growing importance of data-driven decision-making in the hospitality industry, as firms seek to navigate market complexities and optimize performance.