Hotel Asset Value Enhancement (hotelAVE)
David Butler has over 30 years of experience in the hospitality industry. David currently serves as the Vice President of Asset Management at Hotel Asset Value Enhancement (hotelAVE) since June 2021. Previously, they were the President of the Operational Efficiency Division at Post Script Hospitality, where they focused on improving operational efficiencies through analysis and observation of daily activities. Prior to that, they held various positions such as Vice President of Operations at StepStone Hospitality, General Manager and Area Director of Operations at Lodgian, and General Manager and Vice President of Operations at Prism Hotels & Resorts. Additionally, they worked as the Director of Operations and Food and Beverage at Bristol Hotels & Resorts and as a General Manager at T.G.I Friday's.
David Butler attended Johnson & Wales University from 1984 to 1988. During this time, they obtained a Bachelor of Science degree in Restaurant/Food Services Management and an Associate of Science degree in Culinary Arts.
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Hotel Asset Value Enhancement (hotelAVE)
Hotel Asset Value Enhancement (hotelAVE) is the leading independent hospitality real estate investment manager providing asset management and advisory services to owners, investors and lenders of hospitality assets. The organization has provided services on over 1,000 hotels; its current asset management portfolio comprises over $5.5 billion, 22,000 rooms, and over 30 different hotel operators. In addition, hotelAVE advises on an additional $10 billion of hotel real estate annually, including acquisition due diligence, underwriting, development, financing, manager selection, franchise agreements, repositioning, renovation, dispositions, and lender services. Founded by one of Lodging Magazine’s 2015 Leading Influential Women, Michelle Russo, hotelAVE features a 48-member management team consisting of former hotel owners, operators and hospitality professional advisors, who provide a unique and hands-on operating experience of superior value and above-market return for hotel owners. hotelAVE supports clients in the Americas, including LATAM from its headquarters in Providence, R.I. and its regional offices in New York, Los Angeles, and Miami.