Developer docs
API playgroundTry for free, no card

Search company profiles

HotelAVE

Full company profile

uuid0009wps

Namestring
HotelAVE
Websiteurl
hotelave.com
Company typeenum
Private
Founded yearint
2003
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersProvidence, United States
HQ citystring
Providence
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
hotel asset management, hospitality advisory services, hotel investment management, hotel performance oversight, hotel operations consulting
Industry4 codes
1Hospitality (Hotels & Resorts) Asset Management
CodeBPAJAMAEPrimaryYes
2Hospitality (Hotel) Property Management
CodeBPAJAGAGPrimaryNo
3Preferred Hotel Program Design & Portfolio Strategy
CodeTHACAGADPrimaryNo
4Hotel Revenue Management Systems (RMS)
CodeTHALAOABPrimaryNo
NAICS code1 code
  • Portfolio Management and Investment Advice523940
SIC code1 code
  • Real Estate Agents & Managers (For Others)6531
Product category
Hotel Asset Management Services
Social media profiles1 record
Cost components3 values
Personnel, Operations, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

HotelAVE is a hotel asset management firm that provides advisory and oversight services to owners, lenders, and investors of hotel properties, focused on optimizing financial and operational performance of hospitality assets. The firm operates with a small team including dedicated executive functions for investment, operations, and technology, indicating integrated asset management support across financial, operational, and technology domains.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Hotel Asset Management Services
Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight2 records

Each record includes

Type, Description

Peers10 records
1CHMWarncke
TypeDirect peer
Description

Boutique hotel asset management and advisory firm providing investment, operational, and asset management services to hotel owners. Directly comparable to HotelAVE in scope of services and boutique specialist positioning.

2Cornerstone Hospitality
TypeEmerging player
Description

Hotel asset management and consulting firm focused on independent and boutique properties. Overlaps with HotelAVE's owner-side, niche hospitality focus but typically smaller-scale engagements.

3Hodges Ward Elliott
TypeBroad incumbent
Description

Real estate investment bank with a long-standing hospitality practice providing investment sales, financing, and advisory services to hotel owners. Comparable in owner-side focus but at materially larger deal scale.

4Newmark Group Hospitality
TypeBroad incumbent
Description

Commercial real estate advisor with a hospitality investment sales and advisory practice that overlaps with owner-side services HotelAVE provides.

5Cushman & Wakefield Hospitality
TypeBroad incumbent
Description

Global real estate services firm with a dedicated hospitality practice covering investment sales, valuation, and asset management. Adjacent competitor offering owner services at significantly larger scale.

6Paramount Hospitality Management
TypeDirect peer
Description

Hotel management and asset management firm working with institutional owners on third-party management and asset oversight. Comparable to HotelAVE in serving owners with outsourced hospitality expertise.

7CBRE Hotels
TypeBroad incumbent
Description

Global real estate services platform with a dedicated hotels group offering investment sales, financing, and asset management. Competes with HotelAVE for institutional hotel mandates at much greater scale and broader service breadth.

8JLL Hotels & Hospitality Group
TypeBroad incumbent
Description

JLL's hospitality division provides hotel investment advisory, asset management, and operator selection services. A scaled incumbent competing for the same owner-side mandates HotelAVE targets.

9Eastdil Secured
TypeBroad incumbent
Description

Real estate investment bank serving large institutional owners and operators of hotels, with advisory and capital markets capabilities adjacent to hotel asset management mandates.

10Hospitality Asset Advisors International
TypeDirect peer
Description

Specialist hospitality asset management and consulting firm serving hotel owners, lenders, and investors. Closely comparable to HotelAVE in dedicated hotel asset management mandate work.

Market position
Strengths3 records

Each record includes

Headline, Details, Source

Weaknesses3 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

HotelAVE

Hotel Asset Management Serviceshotelave.com

HotelAVE firmographics

Firmographics
Name
HotelAVE
Website
https://hotelave.com
Company type
Private
Founded year
2003
Headcount range
11–50 employees
Ownership category
akta.pro rank

HotelAVE industry classification

Industry
Product category
Hotel Asset Management Services
NAICS
Portfolio Management and Investment Advice (523940)
SIC
Real Estate Agents & Managers (For Others) (6531)
akta.pro primary industry
Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE)
akta.pro secondary industries
Hospitality (Hotel) Property Management (BPAJAGAG), Preferred Hotel Program Design & Portfolio Strategy (THACAGAD), Hotel Revenue Management Systems (RMS) (THALAOAB)

Keywords

  • Hotel asset management
  • Hospitality advisory services
  • Hotel investment management
  • Hotel performance oversight
  • Hotel operations consulting

Where HotelAVE is headquartered

Location

Headquarters

HQ city
Providence
HQ country
United States
HQ region
North America

Markets served

HotelAVE business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D

HotelAVE product offering

Product offering

Core offering

HotelAVE is a hotel asset management firm that provides advisory and oversight services to owners, lenders, and investors of hotel properties, focused on optimizing financial and operational performance of hospitality assets. The firm operates with a small team including dedicated executive functions for investment, operations, and technology, indicating integrated asset management support across financial, operational, and technology domains.

Differentiator

Problem solved

Functional benefit

Products and services

  • Hotel Asset Management Services

Companies that use HotelAVE

Customer profile

Ideal customer profiles1 record

HotelAVE technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

HotelAVE partnerships and signals

Strategic signal

Recent moves3 records

Expansion highlights2 records

HotelAVE competitors and assessment

Company assessment

Direct peers

  • CHMWarncke: Boutique hotel asset management and advisory firm providing investment, operational, and asset management services to hotel owners. Directly comparable to HotelAVE in scope of services and boutique specialist positioning.
  • Paramount Hospitality Management: Hotel management and asset management firm working with institutional owners on third-party management and asset oversight. Comparable to HotelAVE in serving owners with outsourced hospitality expertise.
  • Hospitality Asset Advisors International: Specialist hospitality asset management and consulting firm serving hotel owners, lenders, and investors. Closely comparable to HotelAVE in dedicated hotel asset management mandate work.

Emerging players

  • Cornerstone Hospitality: Hotel asset management and consulting firm focused on independent and boutique properties. Overlaps with HotelAVE's owner-side, niche hospitality focus but typically smaller-scale engagements.

Broad incumbents

  • Hodges Ward Elliott: Real estate investment bank with a long-standing hospitality practice providing investment sales, financing, and advisory services to hotel owners. Comparable in owner-side focus but at materially larger deal scale.
  • Newmark Group Hospitality: Commercial real estate advisor with a hospitality investment sales and advisory practice that overlaps with owner-side services HotelAVE provides.
  • Cushman & Wakefield Hospitality: Global real estate services firm with a dedicated hospitality practice covering investment sales, valuation, and asset management. Adjacent competitor offering owner services at significantly larger scale.
  • CBRE Hotels: Global real estate services platform with a dedicated hotels group offering investment sales, financing, and asset management. Competes with HotelAVE for institutional hotel mandates at much greater scale and broader service breadth.
  • JLL Hotels & Hospitality Group: JLL's hospitality division provides hotel investment advisory, asset management, and operator selection services. A scaled incumbent competing for the same owner-side mandates HotelAVE targets.
  • Eastdil Secured: Real estate investment bank serving large institutional owners and operators of hotels, with advisory and capital markets capabilities adjacent to hotel asset management mandates.

Market position

Strengths3 records

Weaknesses3 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

HotelAVE social profiles

Digital presence

HotelAVE financial estimates

Financial estimate

Revenue estimate

Valuation estimate

HotelAVE leadership team

Management profile

Number of profiles

Profiles1 record

HotelAVE funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

HotelAVE M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HotelAVE

What does HotelAVE do?

HotelAVE is a hotel asset management firm that provides advisory and oversight services to owners, lenders, and investors of hotel properties, focused on optimizing financial and operational performance of hospitality assets. The firm operates with a small team including dedicated executive functions for investment, operations, and technology, indicating integrated asset management support across financial, operational, and technology domains.

When was HotelAVE founded?

HotelAVE was founded in 2003. It employs 11 to 50 people.

Where is HotelAVE based?

HotelAVE is headquartered in Providence, United States, in the North America region.

Who are HotelAVE's main competitors?

Direct peers on record are CHMWarncke, Paramount Hospitality Management and Hospitality Asset Advisors International. Cornerstone Hospitality is listed as an emerging player. Broad incumbents are Hodges Ward Elliott, Newmark Group Hospitality, Cushman & Wakefield Hospitality, CBRE Hotels, JLL Hotels & Hospitality Group and Eastdil Secured.

Does HotelAVE have an API?

No public API is recorded for HotelAVE.

What industry is HotelAVE in?

HotelAVE's product category is Hotel Asset Management Services. Its primary akta.pro industry code is BPAJAMAE, Hospitality (Hotels & Resorts) Asset Management, with a secondary code of BPAJAGAG, Hospitality (Hotel) Property Management. Its NAICS code is 523940 and its SIC code is 6531.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
Hotel Investment TodayQuotes of the Week: Yotel, Fusion, hotelAVE, HiltonThis article compiles weekly industry commentary from hospitality executives, highlighting Yotel's strategic alliance with Hilton and Fusion Hotel Group's expansion plans in Vietnam. It also covers broader market trends, including the impact of gas prices on travel patterns, revised tourism forecasts for 2026, and investment shifts toward high-end assets and ancillary revenue streams.HotelaveHospitality Investment Management ServiceshotelAVE provides tailored hotel real estate investment management services to owners and investors, focusing on hands-on management and local market knowledge. The company has outperformed operating benchmarks and implemented a sustainability initiative aimed at reducing energy usage across its portfolio. hotelAVE operates primarily in North America, Mexico, and Latin America and is recognized as a woman-owned business.PR NewswireHotelAVE's Michelle Russo Named Jack A. Shaffer Financial Advisor of the YearMichelle Russo, CEO and Founder of hotelAVE, was named Jack A. Shaffer Financial Advisor of the Year at the Americas Lodging Investment Summit (ALIS) in Los Angeles on January 25, 2022, the most prestigious award in the hospitality real estate investment industry. HotelAVE was involved in over 25% of all North America hotel transactions over $25M in 2021, and the company continues to grow its portfolio and expand its team of hospitality professionals.PR NewswireILHA Webinar Series Continues with "Strategies to Transform the Hotel Guest Experience"The International Luxury Hotel Association hosted a webinar on "Strategies to Transform the Hotel Guest Experience" on April 28, 2021, as part of its virtual series focusing on post-COVID-19 topics for luxury hotels. The webinar featured speakers from StayNTouch, The Transformation Groupe, hotelAVE, The Ritz-Carlton, and Canyon Ranch discussing guest experience strategies including 360-degree guest journey development, digital content, health and safety guidelines, and the use of QR codes for housekeeping and safety communications. Panelists emphasized the importance of pre-arrival communications, transparency about COVID-19 guidelines, and staff training as hotels reopen.PR NewswirehotelAVE Appoints Stephen Stoycos As Executive Vice President Of Hospitality Advisory & ConsultingHotel Asset Value Enhancement (hotelAVE) announced the appointment of Stephen Stoycos as Executive Vice President of its Hospitality Advisory & Consulting business, effective immediately. Stoycos brings over 30 years of industry experience and has successfully managed more than $7.0 billion in global real estate transactions across capital markets, acquisitions, and dispositions. Concurrently, hotelAVE promoted Loren Balsam to Chief Investment Officer, who will now focus on strategic investments and new acquisition opportunities for the firm.PR NewswirehotelAVE Appoints Chris Hague As Chief Operating OfficerHotel Asset Value Enhancement (hotelAVE) announced the appointment of Chris Hague as Chief Operating Officer, effective immediately. Hague brings over 20 years of hotel asset management experience and a track record overseeing more than $10 billion in hotel investments, having previously served as Senior Vice President at Pebblebrook Hotel Trust. The appointment is part of hotelAVE's strategy to strengthen its executive team during what the CEO described as a pivotal period for the industry.PR NewswireHotelAVE Projects New Cleanliness & Social Distancing Protocols Could Cost Hotel Industry $9 Billion AnnuallyHotel Asset Value Enhancement (hotelAVE) released projections estimating that new COVID-19 cleanliness and social distancing protocols could cost the US hotel industry up to $9 billion annually as properties prepare to reopen. The analysis by hotelAVE's operational efficiency division Post Script found that individual hotels would face specific cost increases including 5-7 additional minutes of cleaning time per checkout room, a 30% rise in cleaning supplies, and approximately $30,000 in one-time reopening expenses for an average 150-room property. The company advises hotels to reimagine operational standards and staffing models to mitigate these increased costs while adapting to changing consumer expectations around hygiene.PR NewswirehotelAVE Projects A Five-Year Recovery Period For Hotel Industry Post CoronavirusHotel Asset Value Enhancement (hotelAVE) released a study on March 18, 2020 projecting that the U.S. hotel industry will require approximately five years to return to pre-COVID-19 occupancies, revenues, and profitability, with an immediate mini-spike expected in May or June before a prolonged recovery. The study forecasts hotel revenues could decrease by 25-30% in 2020, with occupancy potentially dropping to 10-15% in April, and estimates 15-20% of U.S. hotels will temporarily close by end of March due to negative cash flow. The recovery faces additional headwinds from rate discounting, above-average new supply, and competition from shadow supply platforms like Airbnb.