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Ersem Karadag, Ph.D.
Associate Professor of Hospitality & Tourism Management (Hospitality Management)
412-397-6381 phone (M)
412-397-2217 fax
Massey Hall 311

Educational Background

  • Ph.D., Hospitality Administration, Oklahoma State University, 2003

Professional Background

  • Previously worked in the lodging and other industries for about 16 years as a financial controller and financial director in the United States and Internationally.

Area of Expertise/Research

  • Dr. Karadag's research mainly focuses on hospitality managerial accounting. market segment profitability analysis, information technology investment methods, productivity and competency of information technology and hospitality information technology.


  • Gursoy, D., Karadag, E., & Chi, C.G. (2012). Generational differences in Work Values among Frontline and Service Contact Employees, International Journal of Hospitality Management (in Press).

    Karadag, E. (2010). The Road to IFRS Convergence in the U.S.: What it May mean for the Hospitality Industry?. Journal of Hospitality Financial Managament, Col.18, No.1, pp.45-54.

    Karadag, E., Cobanoglu, C., & Dickinson, C. (2009). The Characteristics of IT Investment Decisions and Methods Used in the Lodging Industry. International Journal of Contemporary Hospitality Management, Vol.21, No.1, pp.52-68.

    Karadag, E. & Dumanoglu, S. (2009). The Productivity and Competency of Information Technology in the Hotel Industry: The Perception of Hotel Managers in Turkey, International Journal of Contemporary Hospitality Management, Vol.21, No.4 pp. 479-490.

    Madanoglu, M. & Karadag, E. (2009). Exiting the Public Scene and Becoming Private: The Magnitude of Bid Premiums in the U.S. Restaurant Industry, Journal of Hospitality Marketing & Management, Vol. 18, Issue. 6, pp. 615-631.

    Kim, W.G., Zhong, J., Chen, M., & Karadag, E. (2009). Risk-adjusted Performance of three Restaurant Segments in the U.S., Tourism Economics, Vol. 15. No.1, pp.139-152.

    Madanoglu, M. & Karadag, E. (2008). CEO Pay Performance Sensitivity in the Restaurant Industry: What Makes it Move?, Journal of Foodservice Business Research, July 2008, Vol.11, No. 2, pp.160-177.

    Karadag, E. (2007). The Leadership style and Financial Performance Riddle in the Lodging Industry: What is Best Fit? Hosteur, Fall 2007, Vol. 16, No.2, pp.6-9.

    Karadag, I. & Kim, W.G. (2006). Comparing Market Segment Profitability Analysis with Department-Profitability Analysis as Hotel marketing Decision Tools, Cornell Hotel and Restaurant Administration Quarterly, May 2006, Vol.47, No.2, pp. 155-174.


  • 2011 - Madanoglu, E. & Karadag, E.(2011). Corporate Governance, Franchising and Firm Performance of Restaurant Firms, International Council on Hotel Restaurant & Institutional Education Conference, Denver, CO (July 27-31, 2011).
  • 2010 - Bilgihan, A., Cobanoglu, C., Karadag, E., Okumus, D. (2010). "Biometric Technology Applications and Trends in Hotels", International Council on Hotel Retaurant & Institutional Education Conference, San Juan, Puero Rico, July 28-31, 2010
  • 2010 - Madanoglu, E., & Karadag, E. (2010). Corporate Governance Provision and Risk-adjusted Performance of U.S. Restaurants, International Council on Hotel Restaurant & Institutional Education Conference, San Juan, Puerto Rico, July 28-31, 2010.
  • 2009 - Madanoglu, M. & Karadag, E. (2009). Does the Level of Corporate Governance Governance Provision Lead to better Performance?, International Council on Hotel, Restaurant, & Institutional Education, Conference, San Francisco, CA, July 29-August 1, 2009.
  • 2009 - Madanoglu, M., & Karadag, E. (2009). Required Rate of Return in the U.S. Restaurant Industry: Alternative Models and Future Directions, 7th APacCHRIE Conference, Singapore, May 28-31, 2009.
  • 2004 - Karadag, E., & Madanoglu, M. (2004).The Use of Accounting Information and Property Management Structure in the Lodging Industry: A Discriminatory Analysis Approach. Euro CHRIE, International Council on Hotel, Restaurant and Institutional Education Conference, Ankara, Turkey, November 4-7, 2004.
  • 2007 - Madanoglu, M, & Karadag, E. (2007). CEO Pay Performance Sensitivity in the Restaurant Industry: Do they go Hand-in-Hand?, International Council on Hotel, Restaurant and Institutional Education (CHRIE) Conference, Dallas, TX, July 26-29, 2007.
  • 2006 - Karadag, E., & Madanoglu, M. (2006). Hotel Characteristics and Customer Profitability Information: Hotel Controllers' View. International Council on Hotel, Restaurant and Institutional Education (CHRIE) Conference, Crystal City, CA, July 26-29, 2006.
  • 2006 - Madanoglu, M, & Karadag, E. (2006). The Alignment of CEO Compensation and Firm Performance in the Quick Service Restaurant Industry. International Journal on Hotel, Restaurant and Institutional Education (CHRIE) Conference, Crystal City, VA, July 26-29, 2006.
  • 2005 - Karadag, E., & Dumanoglu, S. (2005). Exploring the RElationship between Guest-Related Information Technology Investment and Operational Effectiveness in the Lodging Industry. International Utech/University of Delaware Joint Conference on Hospitality and Tourism: National and International Development, Montego Bay, Jamaica, October 12-15, 2005.
  • 2005 - Kardag, E., & Madanoglu, M. (2005)An Investigation of Existing Value of Accounting Information for Marketing Managers in the Lodging Industry, International Council on Hotel, Restaurant and Institutional Education (CHRIE) Conference, Las Vegas, NV, July 27-31, 2005.
  • 2008 - Madanoglu, M, & Karadag, E. (2008). Firm Performance and CEO Compensation: Reflections from the U.S. Restaurant Industry. European Applied Business Research Conference, Rothenburg ob Tauber, Germany, Hune 18-20, 2008.

Schedule of Courses
Schedule Book for All Active and Available Future Terms, Ersem

Spring 2014
  • HTMG3020-A
  • 10:00-10:50 AMM W FMKaradag1 (01/13-05/03/14)0 Seats
  • HTMG3045-A
  • 02:00-02:50 PMM W FMKaradag1 (01/13-05/03/14)25 Seats
  • HTMG3053-A
  • 11:00-11:50 AMM W FMKaradag1 (01/13-05/03/14)11 Seats
  • HTMG3060-A
  • 03:00-03:50 PMMMKaradag5 (03/10-05/03/14)16 Seats
  • HTMG4052-A
  • 04:00-04:50 PMMMKaradag5 (03/10-05/03/14)14 Seats

    Summer 2014
  • HTMG3010-L1
  • -ONLINEFKaradag2 (05/06-06/29/14)13 Seats

    Fall 2014
  • HTMG3010-A
  • 09:45-10:35 AMM W FMKaradag1 (08/25-12/13/14)19 Seats
  • HTMG3025-A
  • 10:45-11:35 AMM W FMKaradag1 (08/25-12/13/14)19 Seats
  • HTMG3053-L1
  • -ONLINEFKaradag4 (10/18-12/13/14)21 Seats
  • HTMG4052-A
  • 01:45-02:35 PMM W FMKaradag1 (08/25-12/13/14)23 Seats


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