John M Burke joined Newmark Valuation & Advisory in 2019 and serves as a vice president of the Hospitality, Gaming & Leisure Group. Mr. Burke brings to Newmark 10 years of combined experience in real estate valuation and hospitality management. Mr. Burke’s substantial expertise in hotels and resorts, amusements and theme parks, waterparks, family entertainment centers, RV parks, and other leisure-oriented assets allows him to provide quality valuation and advisory reporting to his clients.
Mr. Burke joined Newmark after roughly four years at Hotel & Leisure Advisors, a Cleveland-based hospitality and leisure appraisal and consulting firm. At Hotel & Leisure Advisors, Mr. Burke was responsible for completing appraisals, feasibility studies, economic impact studies, brand-on-brand impact studies, and operational reviews for various hospitality-related assets throughout the United States. Some of the unique assets studied included indoor waterpark resorts, outdoor waterparks and golf entertainment complexes.
Prior to Hotel & Leisure Advisors, Mr. Burke was a senior revenue manager at Hilton Worldwide. During his tenure at Hilton, he led a team of revenue managers responsible for a portfolio of 150 focused-service and extended-stay hotels. He also participated in the pilot test and facilitated the rollout of the IDeaS G3 Revenue Management System (GRO) to all focused-service hotels in the United States and Canada.
Mr. Burke began his hospitality career at InterContinental Hotels Group, where he served as a global content services coordinator and revenue enhancement specialist.
Licenses and Designations
- Certified general real estate appraiser, states of Illinois, Iowa, Kansas, Michigan, Minnesota, Missouri, Ohio and Wisconsin
- “Data Reveals Risks, Prospects Facing US Hotels in 2018,” Hotel News Now, January 2018
- “The Financial Impact of Hotel Renovations,” Hotel News Now, December 2016
- “Golf Entertainment Complexes Offer a New Spin on an Old Game,” Hotel Online, May 2016
Mr. Burke earned a Bachelor of Science degree in business administration from the University of South Carolina.