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Two teams from SC Johnson College make hotel pitch finals

Two teams of women from the Cornell SC Johnson College of Business are among five teams from across the U.S. selected to compete for $50,000 in deal equity in the inaugural She Has a Deal Hotel Pitch Competition.

The competition began last fall and included mentoring. The finalists emerged from a field of 14 teams and will present their final pitches Oct. 24 in McLean, Virginia.

Cornell’s finalists are:

  • CityTerrace Ventures: Nancy Guzman, MBA ’19, and Marlene Reyes, MBA ’19, both graduates of the Samuel Curtis Johnson Graduate School of Management; and
  • Team Datcher: Joanne Angbazo, MPS-RE ’20; Kristen Collins, MPS-RE ’20; and Lera Covington, MPS-RE ’20; all graduates of the Baker Program in Real Estate.

Unlike typical real estate case competitions, which give all teams the same case to analyze, She Has a Deal tasks competitors with finding their own development opportunities. CityTerrace Ventures’ concept is La Jane, a lifestyle-boutique hotel in downtown Scottsdale, Arizona.

Team Datcher – named to honor Jane Eleanor Datcher, Class of 1890, the first Black woman to graduate from Cornell – pitched an adaptive reuse of a historic bank in Detroit that team members propose converting into an upscale hotel.

She Has a Deal is designed to encourage female and Black ownership and development of hotels, with the aim of diversifying the industry. “There is a great need for more diversity in the hotel development space,” said Team Datcher’s Collins, now a strategy consultant manager at CBRE in New York City.

– Jeannie Griffith

Media Contact

Rebecca Valli