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Romy Bhojwani, CHAM, CHA, MRICS

Executive Vice President

Contact Information
Education
  • Master of Management in Hospitality, Cornell University
  • Diploma in Hotel Administration and Food Technology, Sophia Polytechnic
  • Bachelor of Commerce, Ness Wadia College of Commerce
  • Cornell University, Professional Development Program: Certificate in Strategic Hospitality Management
  • Penn State University: Certification in New Techniques for Hotel Market Studies and Valuations

Romy Bhojwani, CHAM, CHA, MRICS

Executive Vice President

Romy Bhojwani has more than 20 years of experience in the global hospitality and real estate industries. Romy works with his team and leverages his industry expertise to develop and execute asset management plans that result in significant value creation opportunities.  He proactively works with the brand, corporate and property management teams to achieve and exceed performance objectives, including operating results and investment goals.

Prior to hotelAVE, Romy served as Managing Director of 360 Capital Advisors. He founded and led the advisory and asset management company to create value-enhancing solutions for hospitality assets, globally. He designed and implemented comprehensive solutions throughout the investment cycle to deliver optimal value in hospitality real estate investments. Romy previously served as Senior Vice President of Real Estate and Asset Management at Delta Hotels and Resorts, where he led the asset management and acquisitions functions for a portfolio valued at $750 million located throughout various primary markets in Canada. Romy also has senior-level experience at Jones Lang LaSalle Hotels, and Hilton Worldwide. Romy began his hospitality career in Operations with Oberoi Hotels and Resorts.

Throughout his career, Romy has directly asset managed hospitality real estate valued in excess of $22 Billion. He has actively led or facilitated hotel real estate transactions valued in excess of $5.5B and has led the planning, programming, and execution of capital projects valued at $750M.

“At hotelAVE, we leverage data, analytics and subject matter expertise to create customized solutions that preserve and enhance asset value. We begin first with identifying owner’s objectives, then developing a strategic framework and tactical roadmap for implementation, working cohesively with our brand and operating partners to execute on value creation opportunities. Our team is relentless in their focus on creating additional value at the asset level, and in going the extra mile to deliver that value for ownership”.

Affiliations and Certifications
  • Member, Forbes Real Estate Council
  • Hospitality Asset Managers Association (HAMA)
  • Cornell Hotel Society
  • Urban Land Institute
  • Toastmasters Leadership Institute
  • World Affairs Council
  • Royal Institution of Chartered Surveyors (MRICS)
Publications/Articles
  • An Insider Look at What Asset Managers are Looking for When Considering a New Property – February 2019, Luxury Hoteliers
  • Owners Adopt New Practices with Fees and Surcharges – November 2018, Hotel News Now
  • The Next Frontier in Revenue Management – November 2018, Hotel News Now (Editor’s Pick for Article of the Month)
  • The Important Decisions of the Brand-removal Process – February 2018, Hotel News Now
  • Jack of All Trades: Asset Managers Explain What They Do – December 2017, Hotel News Now
  • Top 5 Hotel F&B Mistakes and How to Avoid Them – September 2017, Hotel News Now
Has worked at hotelAVE since
2016
Interests and Hobbies

Romy serves as a Board member for the No Kid Hungry Foundation, and is an active supporter of the Team for Kids Foundation and Smile Train. He is also a  travel enthusiast, distance runner, and competitive swimmer.