Dr. Ray Schmidgall, Hilton Hotels Professor of Hospitality Financial Management in The School of Hospitality Business at Michigan State University, has received the University of Delaware Michael D. Olsen Research Achievement Award. The award honors Dr. Olsen and recognizes his contributions to the body of hospitality knowledge and his mentoring of graduate students.
Dr. Olsen earned both his bachelor’s degree (1967) and his MBA (1973) from MSU’s School of Hotel, Restaurant, and Institutional Management, and is professor emeritus at Virginia Tech. He was awarded with The School’s Alumni Association Lifetime Academic Achievement Award in 2009.
Dr. Schmidgall’s award was presented on January 6 at the 17th Annual Graduate Education and Graduate Student Research in Hospitality and Tourism Conference’s Awards Dinner at Auburn University.
Dr. Schmidgall has taught in The School for nearly 37 years, and is widely recognized as an expert on hospitality industry accounting practices and known for his work on behalf of the International Council on Hotel, Restaurant and Institutional Education (I-CHRIE) and its FutureFund. As Hilton Hotels Professor, Dr. Schmidgall has hosted the Hilton Lecture Series at MSU for the past 22 years, bringing to campus industry and academic experts to discuss a different, timely topic each Fall. His book, “Managerial Accounting for the Hospitality Industry,” is used by hospitality schools throughout the world. Many of Dr. Schmidgall’s former students have gone on to great success, including Rich Conti (MBA ’76), president of The Plasencia Group, and John Weeman (MBA ’79), president of Partners in Development.
The Michael D. Olsen Research Achievement Award recognizes an individual “who has made a significant contribution through sustained and focused research leading to important contributions to the body of knowledge in hospitality and tourism. It considers the overall contribution to the academy, including serving on editorial review boards, international symposia and conferences, graduate education, and mentoring of graduate students.”