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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 43-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

During 2021, hotelAVE was involved in over one-third of all the North American hotel transactions over $25 Million, whether as the asset manager for the seller, buyer, or to perform acquisition due diligence, lender underwriting, or other advisory service.

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

Loren Balsam

CIO & EVP of Advisory

Chris Hague

Chief Operating Officer

Robert Hazard


David Butler

President, Post Script

Latest News

Five Tips To Profit As Pent-Up Demand Finally Emerges

When Omicron hit in full force, the rate of RevPAR recovery (as a percentage of 2019) in January and February stepped down from December’s level as consumers cancelled upcoming trips in the short-term and delayed future travel planning.

HotelAVE's Michelle Russo Named Jack A. Shaffer Financial Advisor of the Year

NEW YORK, March 3, 2022 /PRNewswire/ -- hotelAVE is pleased to announce that CEO and Founder Michelle Russo has been named Jack A. Shaffer Financial Advisor of the Year, the most prestigious recognition awarded to the top financial advisor in the hospitality real estate investment industry.

Repositioning for Recovery
Lodging Magazine

COVID-19 has created a myriad of troubles for hotel owners-and sometimes trouble means opportunity. As the industry slowly rebounds, savvy owners may see this as a good time to evaluate their hotel brand flag. With over 350 hotels brands, there is little reason to stick with one that is falling.

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    Years of Cumulative Experience




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