David has over 10 years of hospitality advisory experience, and is a leader in hotelAVE’s asset management and advisory practices while serving as an active member of its Executive Committee. He currently oversees day‐to‐day operations and strategy to maximize the investment value of properties including independent, boutique and branded affiliations in the East Coast, Rocky Mountain, and Caribbean regions. He is also responsible for client relations, including identifying acquisition opportunities, asset management and consulting assignments. Since joining the firm in 2009, he has played an integral role in expanding the firm’s owned asset portfolio; establishing hotelAVE’s New York presence; and creating financial investment models and benchmarking tools.
David was instrumental in the formation of PostScript Hospitality and spearheaded its launch and partnership with hotelAVE, providing clients with unprecedented consulting and advisory support, including on‐the‐ground operational services.
Prior to joining hotelAVE, Mr. Israel worked at Denihan Hospitality Group on the Acquisitions and Development team researching, underwriting, and pitching potential hotel projects. While working for PKF Hospitality Research, he developed an Excel interface based on Hotel Horizons® reports (Hotel Horizons® Multi-Market Platform) geared to assist hotel owners in tracking their portfolio and properties performance against past, present, and future market data. He also assisted in redeveloping a custom financial benchmarking tool used to index hotel P&L statements (E-Trends® in the Hotel Industry). While with Deutsch Inc., Mr. Israel assisted in the lifestyle rebranding of Westin.
As a respected thought leader, David is a frequent lecturer at his alma mater where he sits on the Dean’s Counsel for Young Alumni as well as the advisory board for the Center of Real Estate Finance, and New York University, and he is often quoted as an industry expert in the boutique and hotel technology space. In 2014, he was named among Hotel Management’s prestigious “Thirty Under 30”, recognizing the hotel industry’s top talent.
“hotelAVE provides curated, fully integrated hospitality solutions that can adapt in real time to achieve clients’ needs with a creative and data-driven approach. You cannot find the breadth and depth of investment, operational, and real estate maximization expertise anywhere else.”
Affiliations and Certifications
Cornell Hotel Society (CHS): Member
Cornell University – Center for Real Estate and Finance (CREF) Advisory Board: Member
Cornell University’s School of Hotel Administration – Dean’s Council of Young Alumni (CYA): Member
EPAREL (Bib & Tucker) Advisory Board: Member
Hospitality Asset Managers Association (HAMA): Member
International Luxury Hospitality Association (ILHA) Leadership Board: Member
Certified Hotel Administrator (CHA)
Brand Selection: Insights from the Asset Managers – Panelist- December 2018, International Luxury Hotel Association’s INSPIRE’18 Summit
Palms Hotel: Investing in a Down Market – Case Writer and Guest Lecturer – Fall 2018, School of Hotel Administration, Cornell University
Renovating a Hotel – Panelist – September 2018, HAMA
Hotel Brand Selection – Guest Lecturer – April 2018, New York University
Top Risks Facing Hotel Industry – Panelist: – March 2018, Hotel Asset Manager Roundtable – Hotel News Now
Hotel Development Process – Guest Lecturer – February 2018, New York University
The Luxury Hotel Development Landscape: Is It An Evolution Or Revolution; Does Marketing Drive Development Or Development Drive Marketing – Presenter – December 2017, International Luxury Hotel Association’s INSPIRE’17 Summit
Hotel Development in a Competitive Market – Panelist – December 2017, International Luxury Hotel Association’s INSPIRE’17 Summit
Transition of Branded Hotel to Boutique Hotel Panel – Panelist – June 2017, BLLA Boutique Hotel Investment Conference
Management Agreements – What’s New, What’s Negotiable, What’s Note, & Why – Panelist – April 2017, CHRIS Conference
Debt Financing of Times Square Hotel – Case Writer and Guest Lecturer – Spring 2017, School of Hotel Administration, Cornell University
Hotel Development Process – Guest Lecturer – March 2017, New York University
Owning, Operating and Trends for Boutique, Lifestyle and Luxury Hotels – Panelist- April 2016, HAMA
Hotel Development Process – Guest Lecturer – February 2016, New York University
Independent Hotel Roundtable – Panelist – February 2015, Hotel Management Magazine
Cornell Hotel Society Big Apple Update – Panelist, October 2014
Rebranding Analysis of the Hotel Lola – Case Writer and Guest Lecturer – Fall 2018, School of Hotel Administration, Cornell University
Has worked at hotelAVE since
Interests and Hobbies
David is an avid skier and spends much of his free time traveling and exploring new places, hotels, and restaurants. David lives in New York City with his wife.