Matt has more than 10 years of experience in hotel operations and asset management. Matt works across hotelAVE’s advisory & acquisitions and asset management platforms performing financial modeling, lender underwriting, asset management, revenue management and completing financial benchmarking.
Prior to hotelAVE, Matt lead asset management for Shemel Acquisitions, a family office with over $200M of residential and hospitality assets. At Shemel, Matt focused on operational asset management including restructuring staffing and revenue management that improved portfolio NOI by 11% in one year, led internal due diligence for new acquisitions, acquired three boutique hotels, negotiated multiple loans, and built financial models to support asset management and loan compliance. His asset management efforts led to an interest rate reduction on one of the hotel loans, having achieved a debt yield threshold.
Prior to Shemel, Matt held a Director of Operations title for a hotel management company and was General Manager of the Boulan Hotel, an independent hotel in Miami Florida. As a Director of Operations, he developed the company’s annual business plan, implemented new profit centers and drove operational cost savings. As a GM, he aided in the conversion of a residential condominium to a hotel and implemented requisite hotel technology, including Opera, ALICE and Saflok.
“At HotelAVE there is no shortage of diversity in your coworkers’ backgrounds and opinions – from big brands and soft brands to independents there is always someone with a different and interesting experience to learn from each and every day.”
Affiliations and Certifications
Certificate, A. CRE Real Estate Financial Modeling Accelerator
Has worked at hotelAVE since
Interests and Hobbies
Matt enjoys running, playing basketball and spending time with his dog, Red.