Hotel Asset Value Enhancement

Investment Company in Providence, RI
Investment Company in Providence, RI With a combined total of over one hundred years in hotel real estate and operations and over 19, 000 rooms under management, the hotelAVE staff is committed to protecting our owners investments and pursuing every opportunity to maximize value and achieve above-market returns. HotelAVE's ideology differs in that we don't just watch the shop. As a progressive hotel asset management firm - dedicated to growth as a measure of success - our specialists are extremely involved in developing operating strategies and then working with management to implement creative value enhancement solutions.

Contact Details

Address
333 Westminster Street
Providence, RI
02903
Phone
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Hospitality Investment Management
read moreWe generate superior investment results with our hands-on management style, coupled with our extensive databases and deep knowledge of the hospitality sector and the local markets in which they operate. As a specialist investment manager focused solely on the hospitality sector, we arrange separately managed account strategies on behalf of pension funds, family offices and sovereign wealth funds, and have consistently outperformed operating benchmarks compared to publicly traded hotel REITS. We provide robust and active asset management of our portfolio supported by best-in-class accounting, compliance and legal professionals.
Hotel Asset Management Services
read moreAt hotelAVE, we combine an unmatched understanding of the complexity of hospitality assets with a passion for creating value for our clients. As former owners and managers, we have the experience and insights to deliver innovative solutions that maximize cash flow and ensure sustainable performance. Our proactive asset management process begins with a deep dive of the competitive market and operating environment of each property. We then review and benchmark financial performance, labor productivity, sales and marketing strategies, capital/ROI opportunities, and legal and contract documents for compliance and business opportunities.
Real Estate and Hotel Advisory
read moreWe provide customized and sophisticated advice to owners, investors, and lenders on equity and debt decisions, and support clients in the most critical issues throughout the ownership life cycle of hospitality and real estate assets. We offer a full range of advisory services, including new development, facility programming, acquisition, underwriting and due diligence, management and franchise selection and agreement negotiations, operational assessments, buy/hold analysis, renovation and repositioning analysis, and refinancing and dispositions.
Our Services
read moreBacked by years of hospitality industry expertise and advanced data and industry insights, we take bold and impactful stands for our owners and operators and provide and implement solutions that work.
Who We Are
read moreWe work for the global "who's who" of institutional real estate owners and lenders, and utilize our data-supported operational insights to proactively address challenges and enhance the value of their hospitality assets. Driven by our passion to achieve outcomes that exceed expectations, we leverage our proprietary database, careful research and a firm understanding of our client's goals to deliver innovative solutions, above-market results, and improved performance. Founded in 2003 by Michelle Russo, named one of Lodging Magazine's most influential women in hospitality, hotelAVE has grown into a 48-person team that seeks to have a meaningful impact on every project and asset we work with.
Careers
read moreHotelAVE is the leading entrepreneurial asset management and consulting practice in the hospitality sector. Headquartered in the heart of Providence, Rhode Island, with satellite offices in both New York and California we boast a diverse team that spans the geographic US and have a proven track record of outpacing our peers. HotelAVE is unique in that we work directly with ownership to achieve optimal results and value in a wide variety of assets ranging from brand managed to independent as well as select service to big box and luxury properties.
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