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

Teaneck Marriott at Glenpointe
Teaneck, NJ
326 guestrooms, 15 suites

Increased NOI by over 70% or roughly $2.1 million since takeover (two years) without
any change to product condition

Identified transient yield management opportunities that resulted in a 2 year RevPAR
increase of 18% via aggressive corporate negotiated price increases and weekend
pricing strategies

Reduced beverage cost by 2 points ($25k) by addressing portion control and food cost
by a point ($65k) by decreasing the number of deliveries. Additional F&B expense
savings are underway.

Identified over $300,000 of labor initiatives, including reclassification of positions and
a reduction in overtime, that are in various stages of implementation