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 Leadership Team at hotelAVE, comprised of seasoned professionals including the Chief Operating Officer, Senior Vice Presidents, Executive Vice Presidents, Founder & CEO, Vice Presidents of Asset Management, Chief Investment Officer, and key financial leaders, is responsible for setting the strategic direction, overseeing asset management, investment decisions, and providing high-level advisory services. This team ensures the company delivers superior value and above-market returns for hotel owners by leveraging their extensive experience in hotel ownership, operations, and hospitality advisory.

Leadership Team

Corporate Strategy

Asset Management Team

Leadership Team

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Other teams at Hotel Asset Value Enhancement (hotelAVE)

Corporate Strategy

Asset Management Team