Hotel Asset Value Enhancement (hotelAVE) is the largest hospitality asset management firm, with a very successful 10+ year track record in asset management for institutional ownership. Founded in 2003 by one of Lodging Magazine’s 2015 Leading Influential Women, Michelle Russo, hotelAVE features a 28-member management team consisting of former owners, operators and professional advisors. The firm offers over 360 years of hotel real estate investment, operations and asset management experience.
The organization’s current asset management portfolio comprises over $5.5 billion, 22,000 rooms and over 30 different hotel operators. hotelAVE also advises hospitality investors on an additional $10 billion annually by providing comprehensive consultancy services for hotel owners during critical phases of asset transition such as: acquisitions, underwriting and due diligence; manager selection and contract negotiation; franchise selection and contract negotiation; development, planning, and repositioning, as well as dispositions. hotelAVE supports clients in Latin America, North America and Europe from its headquarters in Providence, R.I. and its regional offices in New York and Los Angeles.
Learn more about hotelAVE by clicking on the links below:
As a provider of asset management, advisory, property management, and project management services to the hotel investment community, hotelAVE is dedicated to protecting ownership's investment and pursuing every opportunity to maximize value and achieve above-market returns.
Leverage the knowledge and experience of hotelAVE’s hospitality investment services and strategies for your property today.