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Enabling Our Clients to
Reach Their Most Ambitious Goals

Founded on the principle of creating value through innovation and a passion for achieving results, hotelAVE is the leading hotel real estate asset manager and advisor in the hospitality industry. Our 48-person team of former hotel owners, operators, and financial professionals is solely focused on enabling our clients to reach their most ambitious goals. Powered by a combination of research, insights, and industry intelligence, our team is uncompromising in the pursuit of maximizing value and achieving above-market performance on behalf of owners and clients.

A Track Record of Success


Billion Dollars in Assets Under Management


Hotels Served




Billion Dollars in Advisory Annually

Explore Our Services

Asset Management


Investment Management

Operational Efficiency

“hotelAVE is a go-to partner for strategic hospitality advice. Their unique capabilities help drive sustainable performance and above market returns of our hotel assets. They treat our hotels as if they own them.”
Managing Director, Walton Street Capital

Meet Our Leadership Team

Our team is our greatest asset. Get in touch with us today to learn more about how we can align with your strategic goals to drive success.

Michelle S. Russo

CEO & Founder

Romy Bhojwani

Executive VP, Asset Management

Loren Balsam

Executive VP, Advisory

Marty Reid

Executive Vice President, P3 & Pension Fund

Kathryn Dillon Marcotte

Executive VP & CAO

David Butler

President, Post Script

Latest News

An Insider’s View of the Hospitality Industry

Executive Vice President Romy Bhojwani provides his perspective on the rapidly changing industry, the experiential factor behind decision making, and what asset managers are really looking for when considering a new property.

Why Hotel Industry Finance Is Lacking Female Representation

Studies show that women are roughly one-fifth as likely as men to get C-suite positions and roughly one-third as likely to rise to the EVP or SVP levels at hotel companies. hotelAVE founder and CEO Michelle Russo weighs in.

Travel & Leisure Lists the World’s Best New and Renovated Hotels

The industry’s travel experts provide the list of top hotels that exceed expectations of setting, design, and service. The list includes The Perry Lane, a Luxury Collection Hotel, for which hotelAVE provided pre-opening and asset management services.

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