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Hotel lobby overseen by hotelAVE, a hospitality consulting firm providing hospitality industry insights and hotel advisory services
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Tag: hotelAVE

Navigating Today’s Hotel Market Challenges

John Paulsen, Senior Vice President at hotelAVE, shares key insights from a recent industry survey on current trends affecting hotel operators: Tariff-related planning challenges: “Tariffs in particular make planning and budgeting difficult.” Uncertainty in corporate travel: “There’s a little bit of uncertainty from a business perspective, and we’ve seen that with corporations being like ‘Do..

2Q25 Hospitality Earnings Summary

hotelAVE 2Q25 Hospitality Earnings Summary is now available! We’re thrilled to share positive insights into the hotel industry. A glimpse: 2Q25 U.S. RevPAR change for public companies averaged -0.2%. 50% of the companies that reported had RevPAR declines Y/Y YE25 RevPAR growth guidance ranged from -0.3% to 1.8%; down slightly from -0.1% to 2.3% as..

NYC Builders Are Converting Shuttered Migrant Hotels Into Apartments

The Wall Street Journal explores NYC’s push to convert former migrant hotels into apartments and our CEO, Michelle Russo weighs in on the opportunities and the challenges these projects face. Michelle’s insight: “The stigma of being used as a shelter presents another concern.” Her perspective sheds light on the complex realities of transforming hospitality spaces into residential communities. Read..

NYU 2025 | hotelAVE’s Key Conference Takeaways

Unable to attend the 2025 NYU Conference? Check out hotelAVE Takeaways on NYU Conference! THE MORE THINGS CHANGE, THE MORE THINGS STAY THE SAME – Jean-Baptiste Alponse Karr   1) No discernable top line operating trends and labor costs weigh on margins. This uncertainty challenges deal underwriting – buyers are not stretching and continue to..
Asset Management, New York, Michelle Russo

Navigating the Tariff War: Insights from a $12B Hotel Asset Manager

Michelle Russo, hotelAVE CEO, outlines the significant impact of the ongoing tariff war on the hotel industry. Managing a $12.5 billion portfolio, Michelle discusses how economic uncertainty, supply chain disruptions, and shifting travel patterns are shaping the way hotels approach revenue management, marketing, and cost containment. Key takeaways from the article: – How tariffs and..

hotelAVE’s Summer Internship Program

hotelAVE’s summer internship program gives students hands on experience working directly with leadership in the hospitality management industry. This year, the program looked a little different as we adjusted for a remote setting.  Our interns wrapped up last week and here is what they had to say about their summer experience. Fiona Rath What school..

How Michelle Russo Built hotelAVE from the Ground Up

Published in Lodging Magazine. After leaving her job as a leisure analyst at Deutsche Banc, Michelle Russo started driving around New England in her Jetta, looking for small roadside hotels she could afford to buy. During her three years on Wall Street, Russo garnered significant capital markets experience and became very forward focused. But she..