![]() After an in-depth evaluation, the University is pleased that the board has concurred with moving forward with this new partnership as it will allow Penn State to focus more intently on its core teaching, research and outreach tri-part mission. The Penn State Board of Trustees approved for the University to enter into a purchasing agreement and ground lease for The Nittany Lion Inn and Penn Stater Hotel and Conference Center with a third-party company, Scholar Hotel Group. Why is Penn State moving forward with this agreement and does it mean the University is going to sell its hotels?.This decision will enable investments that will support the continuous modernization needed for the hotels to remain viable attract guests and conferences and meet guest expectations, industry standards and competition in the local hospitality market while also continuing to support educational opportunities through Penn State’s School of Hospitality Management. ![]() ![]() The Nittany Lion Inn and The Penn Stater Hotel and Conference Center were identified as two resources where potential operational efficiencies might be realized and how these resources do or do not align with Penn State’s core functions of teaching, research and public outreach. After the in-depth evaluation to examine hotel operations, Penn State has made the determination that divesting from the hotel operation business will enable us to focus more intently on our tri-part mission. Why did Penn State conduct an analysis of its hotel operations?Īs part of an overall evaluation of operations that began in earnest in 2018, this working group was tasked with examining categories of Penn State’s physical assets, including potential cost-saving and revenue-driving initiatives related to hotel operations at University Park.Traveling Abroad - Resources for Faculty and Staff.Penn State / Hershey Medical Center Auto Physical Damage Workflow.Office of Change Management and Organizational Excellence.
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