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Hotel lobby overseen by hotelAVE, a hospitality consulting firm providing hospitality industry insights and hotel advisory services
Archive
Category: Women in Leadership

hotelAVE featured in Bloomberg: The Post-Pandemic Hotel Looks a Lot Like a Cruise Ship

Incessant pleas for hand-washing, pre-reserved dining times, all-inclusive pricing: Welcome to the contact-less, germ-less hotel stay. If you’ve ever sailed aboard a Royal Caribbean cruise, a song lurks deep within your subconscious: a kiddie-style earworm about washing your hands that loops endlessly in the buffet entrance and on in-room TVs. “Wash your hands, like 50 times a day,” the tune..
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hotelAVE on The Unconstrained Conversations Podcast

hotelAVE’s Founder and CEO, Michelle Russo, spoke with IDeaS’ “chief evangelist” Klaus Kohlmayr on The Unconstrained Conversations podcast. “This episode dives into the strains COVID-19 has put on hotel finances and the difficulty of balancing profit and safety as the hospitality industry slowly reopens. Michelle also shares her thoughts on the future of travel and..
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Hotel News Now: 5 Things to Know

Hotel News Now: 5 things to know: 19 March 2020 US RevPAR down 5% Chinese booking site predicts rebound Marriott outlines coronavirus response Analysts see risk for hotel REITs HotelAVE predicts five-year recovery period By the HNN editorial staff U.S. RevPAR down 32.5%: With the U.S. economy coming to a screeching halt amid con erns..
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HotelAVE Projects A Five-Year Recovery Period For Hotel Industry Post Coronavirus

By Hotel Business on March 18, 2020 PROVIDENCE, RI— Hotel Asset Value Enhancement (hotelAVE) released a study that estimated that it will take the hotel industry in the United States approximately five years to achieve pre-COVID-19 occupancies, revenues and profitability. In addition, the “hotelAVE COVID-19 Hotel Outlook” predicts that the pace of the five-year recovery..
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Hotel Asset Value Enhancement Magazine

hotelAVE Magazine: Hotel Asset Management Happy New Year!  Attached is our first inaugural hotelAVE Asset Management Magazine. I am proud to bring you a series of articles targeting drivers of hotel real estate value – operational best practices, optimizing contract encumbrances, and managing capital markets trends.  We are constantly innovating to create more cash flow..
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Roundtable Recap: Driving the Future of Hospitality

The State of the Industry. Right away, the panelists noted that while the hotel industry continues to do well, the industry isn’t as solid as it was.  Russo said that her outlook isn’t optimistic, and that industry has seen quite a bit of deceleration over the past couple of years. “I think we got a..
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Hotel Industry Finance Roles Lack Female Representation

Article published by HospitalityNet. The U.S. hotel industry is inching along in opening paths for women to reach senior executive and C-suite roles, but data shows that women still aren’t widely seen in roles within finance and operations. REPORT FROM THE U.S.—Women are roughly one-fifth as likely as men to get C-suite positions and roughly..
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Numbers-savvy Hotelier Builds on a Legacy

Article published by Hotels Magazine. A self-proclaimed “egghead,” Andrea Olshan knows her numbers, but she also gets the soft side of the business. Olshan is CEO of Olshan Properties, which owns and runs six hotels in Ohio, Georgia, Illinois and Florida, part of a broader commercial portfolio that includes retail, office and residential holdings. She..
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