Fast-casual dining is dominating the restaurant industry, and its growth is expected to continue at a rapid pace in a post-pandemic economy.
Aspiring restaurateurs looking for a formal education in this fast-growing segment of the restaurant industry will soon be able to turn to 51ԹϺ’s Harrah College of Hospitality. Thanks to a $5 million gift from Andrew and Peggy Cherng, co-founders and co-chief executive officers of Panda Restaurant Group—the parent company of Panda Express, the college has created a first-of-its-kind academic program in fast-casual dining.
“This gift is an absolute game changer for the college and helps further 51ԹϺ’s position as a world-leader in hospitality education,” said Stowe Shoemaker, dean of the Harrah Hotel College. “The Cherngs are helping 51ԹϺ build a curriculum in an area that is underrepresented in hospitality programs worldwide, and one that will only grow in demand as interest in fast-casual dining continues to surge.”
The landmark gift will support:
- hiring a full-time Hospitality College faculty member to design a comprehensive fast-casual curriculum as well as teach courses
- development and launch of a 15-credit fast-casual academic concentration, offered as part of the college’s Bachelor of Science degree in Hospitality Management
Over the past several years, Panda has placed dozens of 51ԹϺ students and graduates into management, supervisory, and line employee positions. By offering this first-of-its-kind specialization in fast-casual dining, Panda will help the college build a pipeline of professionals ready to lead this emerging dining segment.
“It will give our students a broader understanding of the complex facets of the food and beverage market, and it will set them apart for growing employment opportunities in the fast-casual environment,” said Shoemaker.
“Peggy and I want to empower people through education, and what better place to do that than at the world’s premier Hospitality College,” said Andrew Cherng, who appeared at the event alongside Peggy virtually. “We give because we want to be part of developing these students and providing them with opportunities to thrive in all aspects of their lives.”
When Andrew Cherng began serving on the Dean’s Global Advisory Board in 2017, a partnership between the Cherngs and the college quickly developed—one that was rooted in a shared vision.
“We [the Cherngs and the college] share the philosophy that life's greatest rewards come from changing the lives of others,” Shoemaker said. “But as I’ve observed Andrew and Peggy over these last few years—the way they constantly strive to awaken the potential of others—I’ve become even more inspired to reach for that goal.”
The Cherngs’ history of philanthropy is well established. In 1999, they created the organization’s philanthropic arm, Panda Cares, which has raised more than $216 million to date to support the health and education of youth in underserved communities as well as disaster relief.
“Giving is essential for us,” said Peggy Cherng. “Giving allows us to show our appreciation to the community that embraced us.”
Plans are to offer a single course in fast-casual during the 2021 spring semester and to develop a full concentration within the next 18 to 24 months. The college currently offers academic concentrations in Event & Design Management, Hospitality Beverage Management, Innovative Restaurant Management, PGA Golf Management, and Gaming Management—with a new concentration in Tribal Gaming Operations also in the works.
In-person speakers at Thursday’s event included Stowe Shoemaker, Panda multi-unit manager/51ԹϺ alumna Sheena Serafica ’11, and 51ԹϺ Foundation Chair Diana Bennett.
About 51ԹϺ Harrah College of Hospitality
The 51ԹϺ Harrah College of Hospitality is consistently ranked as one of the top hospitality programs in the world. Situated just blocks away from the epicenter of the hospitality industry – the Las Vegas Strip -- the college offers students unparalleled opportunities to gain hands-on, industry-relevant experience. Each year the college organizes nearly 600 internships, welcomes more than 100 national hospitality brands to recruitment events, and pairs an average of 175 industry mentors with students. Learn more at .
About Andrew and Peggy Cherng
In 1973, Andrew and Peggy Cherng began growing their business into what is now an international phenomenon, encompassing Panda Inn, Panda Express, and Hibachi-San brands as well as more than 2,200 restaurants and 40,000 associates. Co-Founder, Co-Chairman, and Co-Chair of Panda Restaurant Group, Andrew Cherng has been recognized by Forbes magazine, The Los Angeles Business Journal, and the Asia Society of Southern California. Like Andrew, Peggy Cherng, Ph.D., is heavily invested in the personal and professional growth of Panda associations as well as future generations through education (she currently serves on the Caltech Board of Trustees). The Cherngs were named Carnegie Corporation Great Immigrants and were inducted into the National Restaurant Association’s Hall of Fame. In recognition of their generosity to 51ԹϺ, the Andrew and Peggy Cherng Deanship was established in perpetuity at the Harrah College of Hospitality. Dean Stowe Shoemaker is the first to hold its title.
