Presenting Hotelie Hall of Fame Story - Steve Rushmore ’67
An excerpt from Steve's story...
Steve’s professional life is defined as being the hotel valuation expert. His great contribution is to establish hotels as a financial asset that can be valued and understood in the context of other real estate investments. His support of Cornell and Cornell’s Hotel School has been unwavering since his graduation in 1967. At Cornell, Steve established a chaired professorship in “Hotel Finance and Real Estate”, participated in numerous speaking engagements in the classroom, taught extensive in the Hotel School’s executive programs and served on advisory committees, both at the Hotel School and at Cornell University.
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Jan deRoos ’78 occupied Cornell Hotel School’s HVS Chair from 2000 through his retirement in 2019. He offers the following thoughts as a tribute to Steve: “I first met Steve on one of his many trips to Cornell to teach in the Hotel School’s executive education programs. We instantly found a bond in our love for the minutiae of valuation and trying to “get it right”. I had the honor of working with Steve in the classroom and as a co-author.
In over three decades of working with Steve, I came to admire his great generosity. He grew his global platform by being generous and partnering with others. He was generous with his time and empowered others to be successful both within the firm and as “HVS alumni”, having worked for the firm at some point in their careers. I am the personal recipient of Steve’s generosity to Cornell, for that I am forever grateful. Steve is generous with his time, relentlessly traveling the world giving the “Hotel Valuation Seminar” to thousands of interested students.”