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About Peng Liu

Peng Liu is the Singapore Tourism Board distinguished chair professor in Asian hospitality management at Cornell University’s School of Hotel Administration and associate professor of real estate and finance at SC Johnson College of Business, Cornell University. Dr. Liu is an active researcher, and an editor of the Journal of Real Estate Portfolio Management, the official journal of the American Real Estate Society.

Liu’s research focuses on the interaction between financial innovations and real economy, with a specific interest in real estate finance and investment, securitization, REITs, commodity pricing, and market analysis and operational research in retail, airline, hospitality, and recreational industries. Liu has published extensively in top-tier journals, including Review of Financial Studies, Management Science, Real Estate Economics, Journal of Real Estate Finance and Economics, Journal of Banking and Finance, Journal of Empirical Finance, among others.

Liu worked for Goldman Sachs Asset Management in New York City and held the position of senior consultant at Deloitte Consulting in Beijing. Prof. Liu is also a respectful securitization expert in China. He funded the Global Asset Allocation and Securitization Forum and Global REIT investment Challenge in China. He currently serves as the expert advisor to Shenzhen Security Exchange, China Insurance Asset Management Association and the China Securitization Forum.
Liu has received the William N. Kinnard Scholar Award from the American Real Estate Society, the Homer Hoyt Post-Doctoral Honoree from the Weimer School of Advanced Studies, and the numerous best research awards. He was named teacher of the year at the U.C. Berkeley’s master program in financial engineering. Prof Liu also taught the executive programs (EMBA) at top university in China including Tsinghua, Zhejiang, Shanghai Jiaotong, and Hong Kong Chinese University.

Liu earned a PhD co-majoring in Finance and Real Estate from Haas School of Business, U. C. Berkley and MA in Financial Economics from Peking University and a BS in Engineering from Tsinghua University, China.

Positions

2015 - Present Academic Director, Cornell University School of Hotel Administration
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2015 - Present Research Fellow at National Institute of Financial Research, Tsinghua University
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2013 - Present Associate Professor with Tenure, Cornell University School of Hotel Administration
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Present Singapore Tourism Board Distinguished Professor in Asian Hospitality Management, Cornell University School of Hotel Administration
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2014 - 2015 Distinguished Visiting Professor in Finance, Tsinghua University
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2007 - 2013 Assistant Professor, Cornell University School of Hotel Administration
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2002 - 2007 Research Fellow, University of California, Berkeley ‐ Haas School of Business
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Curriculum Vitae


Disciplines



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Honors and Awards

  • China Securitization Forum Senior Advisor and Deal of the Year Award Committee Chair 2015 – Present
  • Hong Kong Institute for Monetary Research Fellowship, Hong Kong Monetary Authority 2014 – 2015
  • The William N. Kinnard Scholar Award, American Real Estate Society 2014 a recognition of early career high quality research contributions in the real estate discipline.
  • Homer Hoyt Post-Doctoral Award 2014 Weimer School of Advanced Studies in Real Estate and Land Economics Post-Doctoral Honoree
  • 2013 Industry Relevance Research Award, Connell University, Center for Hospitality Research May 2013 Optimizing Hotel Pricing: A New Approach to Hotel Reservations, Ithaca, NY
  • 2012 Best Paper Award, American Real Estate Society Annual Meeting Best Paper Competition April 2012 The Economics of Commercial Real Estate Preleasing, (with Robert Edelstein) Sponsored by International Council of Shopping Centers (ICSC). St. Petes, FL
  • 2012 Best Paper Award, American Real Estate Society Annual Meeting Best Paper Competition April 2012
  • List Price Information in the Negotiation of Commercial Real Estate Transactions: Is Silence Golden? Sponsored by CoStar Group. St. Petes, FL, (with Dean Gatzlaff).
  • 2012 Best Paper Award, Eurasia Business and Economists Society (EBES) Conference May 2012
  • Economic Linkages, Relative Scarcity, and Commodity Futures Returns. (with Casassus and Tang) Sponsored by John P. Rust, Professor of Finance at University of Maryland.
  • 2011 Best Paper Award, American Real Estate Society Annual Meeting Best Paper Competition April 2011
  • Is What’s Bad for the Goose (Tenant), Bad for the Gander (Landlord)?:a Retail Real Estate Perspective Sponsored by International Council of Shopping Centers (ICSC). (with Crocker Liu), Seattle, WA.
  • Best Paper Award (second runner-up), Global Chinese Real Estate Congress Annual Conference, 2011
  • Semifinalist, Financial Management Association award competition, New York 2010
  • Teaching Award, Best Graduate Student Instructor, MFE program, U.C. Berkeley – Hass 2006
  • Distinguished student, ranked the first in Master Program in Finance, Peking University 1998 – 2000


Education

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2007 M.S., University of California, Berkeley ‐ Haas School of Business
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2007 Ph.D., University of California, Berkeley ‐ Haas School of Business
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2002 M.S., University of California, Berkeley ‐ Agricultural and Resource Economics
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2000 M.A., Peking University ‐ School of Economics
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1994 B.S., Tsinghua University ‐ Materials Science and Engineering
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Contact Information

Real Estate
465B Statler Hall
Phone: 607.254.2960

Email:


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