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The Changing Landscape and Recovery of the Newark Airport Hotel Market

The Newark Airport hotel market has faced significant adjustments since the onset of the COVID-19 pandemic. Changes to the submarket’s hotel supply, coupled with the rebound in passenger levels through Newark Airport, have resulted in a slow but steady recovery of the hotel market. Recent and upcoming expansion projects at Newark Airport support a positive outlook.

New TRYP by Wyndham Hotel Boosts Newark’s Recent Renaissance

TRYP by Wyndham, Wyndham Hotel Group"s urban lifestyle brand, today opened its newest hotel in the heart of downtown Newark, N.J., a city with historic roots -- the third oldest in the United States – newly revitalized by recent business development and a vibrant art and cultural scene.Celebrating the spirit of the urban traveler, TRYP by Wyndham hotels makes it possible for guests to uncover a destination"s individual culture. The 101-room TRYP by Wyndham Newark Downtown, developed by East Park Street Hospitality Urban Renewal, Inc., is perched along the Newark Bay, central to historic museums, transportation options, and the famous Branch Brook Park which blooms to life each spring with the largest collection of cherry blossom trees in the country.

Jeff Fowlkes has been appointed as Opening General Manager at Embassy Suites Elizabeth – Newark Airport

Fowlkes brings more than 20 years of extensive hospitality experience to this position. He is a thirteen-year Hilton Worldwide veteran and has held general manager and regional positions since 2003. Fowlkes was named one of the top 100 most influential African American hoteliers during his first general manager assignment at Hilton Tarrytown. He has been instrumental in the conversion of several properties to Hilton Worldwide products and also served as the food and beverage cluster lead for North and South Carolina with multi-property oversight in this discipline. Fowlkes earned the titles of Certified Hotel Administrator (CHA) and Certified Food & Beverage Executive (CFBE) from the American Hotel & Lodging Association. In addition, he holds general manager certifications with the Hilton, DoubleTree and Embassy Suites brands.

Dr. Ray Schmidgall has been named Recipient of the Michael D. Olsen Research Achievement Award at University of Delaware

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.”