New day for Hospitality Govt of the Year honoring Hilton president and CEO

College PARK, Pa. — The Penn Condition University of Hospitality Administration in the Higher education of Health and Human Development and the Penn State Resort & Cafe Society (PSHRS) have announced a new day to honor Christopher J. Nassetta, president and main govt officer for Hilton, as the 2021 Hospitality Executive of the Calendar year. This celebration originally prepared in 2020 was postponed as a end result of the pandemic and a new date has been established for Tuesday, Oct. 12, 2021. The occasion will choose location at the Penn Stater Resort and Conference Center at University Park, Pennsylvania.

Christopher Nassetta

Christopher Nassetta, president and CEO of Hilton, has been named the 2020 Hospitality Executive of the Year by the Penn Condition School of Hospitality Administration and the Penn State Resort & Restaurant Society.

To find out more about the awards gala and reception and reserve attendance, stop by the function webpage.

Hilton is one particular of the world’s top hospitality organizations that owns, manages, franchises and leases 1000’s of qualities across the world.

The College of Hospitality Management and PSHRS, the school’s award-profitable alumni team, will figure out Nassetta for his leadership and remarkable achievements in the hospitality marketplace at a gala reception, when Nassetta will have interaction with learners, alumni, and close friends of the college and PSHRS.

Amongst its several accolades, in 2020, Hilton was ranked No. 1 on Fortune’s list of the 100 ideal corporations to do the job for in the U.S. and remained the world’s most valued lodge brand in 2021, in accordance to Manufacturer Finance.

Nassetta, who joined Hilton in 2007, is staying recognized for his strategic leadership of the corporation that, across its a lot more than 6,500 houses, accounts for additional than one particular million rooms in 119 international locations and territories.

“This recognition is really an honor, but I have to give all the credit history to our Hilton relatives of crew users, guests, owners and companions,” mentioned Nassetta. “We are a organization of persons serving people today, and I am deeply impressed by the remarkable approaches our hospitality has positively impacted the men and women and communities we have served for a lot more than a century.  Thank you to the Penn Point out Faculty of Hospitality Administration and the Penn Condition Hotel & Cafe Modern society for recognizing what is actually a team hard work.”

The occasion not only acknowledges Nassetta, but also presents the special possibility for Penn Point out Hospitality Management students to specifically interact with and learn from a person of the major executives in the hospitality field.

“Leading a enterprise that has century of demonstrated results to greater heights is a outstanding undertaking. Chris Nassetta has not only finished that, but has crafted a staff of experts and laid out a vision for Hilton that will choose the enterprise to new stages of results in the up coming century,” stated Donna Quadri-Felitti, Marvin Ashner Endowed director of the College of Hospitality Management at Penn Condition. “We glance forward to welcoming Chris, alongside with lots of Hilton-used Penn Staters and Hilton pals and partners, to campus where by our college students and our neighborhood will rejoice Hilton and can listen to from and find out firsthand from Chris.”

PSHRS has honored a amount of field leaders via this prestigious award considering that 1960. Its recipients stand for a “Who’s Who” of amazing men and women who created indelible marks on the career.

“In acquiring this recognition, Chris joins an impressive group of hospitality innovators and leaders who have experienced an outstanding influence on our industry,” reported Matthew W. Schuyler, Penn Condition course of 1987, chair of the Penn Point out Board of Trustees, and Hilton’s chief manufacturer officer. “As a Penn Point out alum and a Hilton group member, it delivers me wonderful pleasure to see an establishment I treatment deeply about bestow this kind of a significant honor on a male I regard and have realized a excellent offer from in our partnership about the last ten years.”

“We are psyched to add Chris Nassetta’s identify to the pantheon of hospitality icons who have been given this award beforehand, together with Barron Hilton, president and chairman of the board of Hilton, in 1969,” included Ashley Akright, director of operational excellence + innovation at Galyord Rockies Vacation resort & Conference Middle and president of PSHRS.

Prior to his purpose at Hilton, Nassetta was president and main executive officer of Host Resorts & Resorts Inc. for seven many years, and also served in the posts of executive vice president and chief working officer. Just before joining Host Lodges & Resorts, Nassetta co-launched Bailey Money Corp. in 1991, where by he was dependable for the operations of the true estate financial investment and advisory business, and put in 7 a long time at the Oliver Carr Co., finally serving as chief growth officer.

In addition to his leadership purpose at Hilton, Nassetta serves in leadership capacities at a amount of unique companies, which includes the Globe Travel & Tourism Council, exactly where he is the immediate past chairman the CoStar Group Inc. the Federal Town Council the Financial Club of Washington, D.C. the Arlington Cost-free Clinic the John F. Kennedy Centre for the Performing Arts and the Real Estate Roundtable.

Nassetta graduated from the University of Virginia McIntire College of Commerce with a diploma in finance. He presently serves on the McIntire College of Commerce Advisory Board.

For more than 80 decades, the Penn Point out Faculty of Hospitality Management has been a chief in larger instruction and investigate in support to the hospitality market. With ground breaking classes, a tradition of engaged scholarship, and self-discipline-shaping investigate by earth-class school, the college conjures up all college students to pursue excellence in scholarship, show a potent operate ethic, and become efficient and moral innovators.

About the Penn Condition Hotel & Restaurant Culture

The Penn State Lodge & Cafe Culture was founded to bolster all hospitality professions and enhance the standing of the Hospitality Management software. PSHRS is an Affiliate Plan Team of the Penn Point out Alumni Affiliation and the Higher education of Wellbeing and Human Development Alumni Culture.

PSHRS gives a indicates for obtaining nearer fellowship between alumni, faculty and students. PSHRS serves those who are presently attending Penn State in hospitality management or who are graduates of the system, as nicely as those people who perform within just the hospitality administration industries and have attended Penn Point out or are “close friends” of the application.

About the University of Hospitality Administration

Set up in 1937, Penn State’s School of Hospitality Administration is one particular of the nation’s oldest and most highly regarded educational facilities of hospitality administration. Its best-ranked undergraduate and doctoral applications put together world-wide leaders with a rigorous, assorted curriculum centered, because its inception, on engaged scholarship, that includes partnerships with Penn State’s Hospitality Providers, Housing and Food items Products and services, and top worldwide hospitality models. It is also dwelling to the oldest Penn Condition alumni plan group, the Penn State Hotel & Restaurant Culture.

For extra facts about the university, get hold of Brian Black, director of industry and alumni relations, at [email protected] or 814-865-1853.


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