Associate
Kate brings a strong blend of operational experience and analytical expertise to her work, preparing appraisals, feasibility studies, and economic impact analyses for hospitality and leisure properties nationwide. Her focus includes hotels, resorts, waterparks, golf courses, and destination-driven real estate, supported by strengths in financial analysis, market research, and operational understanding. Before joining Hotel & Leisure Advisors, Kate worked at Amangiri in Utah—one of the world’s most exclusive luxury resorts—where she gained firsthand insight into service standards and guest expectations at the highest level. She holds a Bachelor of Science from Binghamton University, a Master’s in Hospitality Management with a Minor in Real Estate from Cornell University’s Nolan School of Hotel Administration, and an eCornell certification in Commercial Real Estate.
January 6, 2026
By: Kate Cheung, CHIA In 2025, the hospitality industry experienced a more normalized operating environment. Average daily rates grew modestly while overall occupancy softened, and demand remained stable amid rising operating costs and broader economic uncertainty. Several macro-level factors shaped hotel performance during the year. The implementation of new tariffs increased the cost of construction
