Hotel Asset Value Enhancement, LLC ~ 333 Westminster St. Unit 3, Providence RI. 02903 (p) 401. 865.6900 (f) 401.865.6999
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SUCCESS STORIES

AUSTIN MARRIOTT AT THE CAPITOL

CROWNE PLAZA JFK


DORAL PARK AVENUE

DORAL TESORO

THE ELDORADO HOTEL

SAWGRASS MARRIOTT

TEANECK MARRIOTT AT GLENPOINTE

 

TESTIMONIALS
“I consider hotelAVE’s founder to be the leader in the hotel
asset management arena.”
- Senior Vice President,

Starwood Hotels and Resorts

“hotelAVE is critical in helping
me realize the value we’ve
identified in my hotel assets.”

- Managing Director, CIGNA

“We have confidence in
hotelAVE from using them.
They demonstrated the ability
to see both the forest
and the trees and we would
use them again.”

- Managing Director,
Thayer Lodging

LATEST NEWS
“hotelAVE is prepping clients for tougher times ahead”
Hotel Business
November 7th, 2007

 

 

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Austin Marriott at the Capitol
Austin, TX
361 Guestrooms


sawgrass
Austin Marriott at the Capitol



Increased NOI by $1.7 Million or 62% since takeover (three years) despite a 38%
blank implement in supply and no change in product condition

bulletWorked with regional team to increase BAR pricing strategies that have resulted in a
blank26% in the property’s ADR over the past two years

bulletInstituted weekly cost containment meetings due to lack of focus on controllable
blankcosts. Incremental flow has since been positive

bulletConducted competitive shop of F&B menus, gift shop and parking garage pricing that
blankresulted in price increases to market levels

bulletIdentified a significant inter-company overpayment to Marriott thru review of trial
blankbalance reports that resulted in a $70,000 reimbursement to owner

© 2003 - 2008 ~ Hotel Asset Value Enhancement, LLC ~ 333 Westminster St. Unit 3, Providence RI. 02903