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.

Hotels & Hospitality

Hotel Asset Value Enhancement (hotelAVE)

Michelle Russo

Maryam Sarlak

Nina Kleiman

Loren Balsam

Chris Hague

Cindy Potter

The Asset Management Team at hotelAVE focuses on maximizing the value and performance of hospitality assets on behalf of owners, investors, and lenders. The team employs strategic oversight and operational expertise to optimize revenue, control costs, and enhance asset value. Their responsibilities include detailed financial analysis, property performance monitoring, owner representation, and implementation of asset improvement plans, all aimed at delivering above-market returns and superior value.

Asset Management Team

Leadership Team

Corporate Strategy

Asset Management Team

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Leadership Team

Corporate Strategy