Atul SheelAtul Sheel 

Graduate Program Director and Associate Professor of Finance 

Telephone: 413-545-4036


Office: Flint 07


View CV (pdf) 


Ph.D., University of Massachusetts
M.S., University of Massachusetts
B.S., University of Delhi, India


Research/Teaching Interests:

Corporate Finance
Hospitality Investment, Economic Impact, and Feasibility Studies
Hospitality Financial Management
Revenue Management
Hospitality Managerial Accounting


Selected Publications

With Y. Zhong, Y. "Cash Dividend Announcements and Cumulative Abnormal Returns in Lodging and Restaurant Firms." Journal of Hospitality Financial Management. Volume 13, Number 1, 2006.

With A. Nagpal. "An Examination of Commercial Mortgage Backed Securities: Some Useful Insights for Borrowers," Journal of Hospitality Financial Management, 10(1), 2002.

"The Relationship Between Dividend Yields and Common Equity Returns for Hotel and Lodging Firms in the United Kingdom, USA, and Japan: Some Empirical Evidence," Journal of Hospitality and Tourism Research, 22(1), 1998.

"Monte Carlo Simulations and Scenario Analysis: Decision-Making Tools for Hoteliers," Cornell Hotel and Restaurant Administration Quarterly, 36(5), 1995.

"An Empirical Analysis of Anomalies in the Relationship between Earnings' Yield and Returns of Common Stocks: The Case of Hotel and Lodging Firms," Hospitality Research Journal, 18(3) and 19(1), 1995.


Academic and Professional Activities

Editor, Journal of Hospitality Financial Management
Associate Editor and Content Specialist, Finance, International Council For Hotel, Restaurant and Institutional Education (ICHRIE)
Editorial Review Board Member, The Cornell Hospitality Quarterly, International Journal of Contemporary Hospitality Management, Journal of Hospitality and Tourism Research, International Journal of Hospitality and Tourism Administration, Journal of Tourism and Hospitality, UNLV Journal of Hospitality, Tourism and Leisure Science, Journal of Food Service Business Research

Reviewer, Tourism Analysis, Tourism Culture and Communication, Tourism Management, International Journal of Hospitality Management, International Council for Hotel, Restaurant, and Institutional Education (I-CHRIE) Annual Conference


Michael D. Olsen Research Award for sustained, focused stream of research in the hospitality and tourism industry nominee - (2012).

TEACHnology Fellowship Award - University of Massachusetts (2004-2005)

Distinguished Teaching Award Nominee - University of Massachusetts (2000-2001)

ANBAR Research Scholar and Certificate for Excellence in Research, 1999-2000 
Journal of Hospitality and Tourism Best Research Paper Nominee, 1999

Lilly Fellowship Award Nominee - University of Massachusetts (1998-1999)

Annals of Tourism Research Award, 1998
VNR Research Award Nominee, 1996
National Merit Award, Government of India, 1982