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

Why corporate travel will never be the same

At its post-COVID peak in 2021, corporate travel indexed at 80 percent of 2019 levels while leisure travel exceeded 2019 levels. All signs are positive for the return of travel. Airports, hotels, restaurants and entertainment venues are busy but corporate travel is still lagging. So why is corporate travel not catching up?   Read the..
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Travel Daily News article on Branded All-Inclusive Resorts

Travel Daily News article on Branded All-Inclusive Resorts. Once considered primarily a hospitality segment catering to budget-conscious travelers, today’s major all-inclusive companies offer a sophisticated guest experience and a wide array of amenities and services at various price points. These customized and high-end products and services help create lasting memories among a more demanding clientele...
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IREI podcast featuring Michelle Russo on “How the hotel sector outperformed expectations”

How the hotel sector outperformed expectations. Not only was there no pandemic-induced bloodbath for hotels, but the lodging industry actually exceeded expectations. Michelle Russo, founder and CEO of Hotel Asset Value Enhancement (hotelAVE), joins the program to discuss how hotels finessed the situation, and why she sees opportunities for innovations and heightened profitability going forward...
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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. As a result, nationwide occupancies dipped to 84% of 2019 levels during the first three weeks of January 2022, compared to above fair share in certain weeks in December, based on STR data.
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Deciding Factors When Determining a Hotel Brand or Flag Change

Deciding Factors When Determining a Hotel Brand or Flag Change. 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 hotel brands, there is little reason to stick..
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For New York City’s hotels, it’s the most critical time of the year

The struggle to return NYC’s hotel industry to its pre-COVID glory. Beyond the owners and stakeholders anxiously waiting for occupancy numbers to rebound to pre-pandemic levels, there are industry players such as hotelAVE, a consultancy made up of former hotel owners, operators, and financial professionals that provides asset management and advisory services to lenders and owners..
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hotelAVE NYU Conference 2021 Takeaways

Unable to attend the 2021 NYU Conference? Check out hotelAVE Takeaways on NYU Conference! hotelAVE Takeaway #1: GREEN SHOOTS DRIVING CONFIDENCE STR forecasting nominal RevPAR recovery one year earlier – now 2023. Return of international travel, expected business and strong group pace bodes well for 2022. hotelAVE Takeaway #2: UNCERTAINTY IN UNDERWRITING RECOVERY AND INFLATION..
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Distressed Hotel Assets in the Americas post-COVID-19

Distressed Assets in the Americas post-COVID-19. One thing we can say with certainty is that it won’t be easy, nor even, and it will take some time. As with any prior major disturbances to the hospitality industry, there will be some winners and losers. With assets under management from Argentina to Canada, we at HotelAVE..
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