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David Butler

Senior Vice President Asset Management @Hotel Asset Value Enhancement (hotelAVE)

Raleigh, NC, US
EMAILS
d••••••@hotelave.com
MOBILE NUMBERS
+14•••••••31

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WORK HISTORY

Jun 2021 — Present

Senior Vice President Asset Management @Hotel Asset Value Enhancement (hotelAVE)

Raleigh-Durham-Chapel Hill, NC, US

Hotel Asset Value Enhancement, Inc.(hotelAVE) is the industry\'s leading international hotel owner, advisor, and asset management firm, with a legacy of unrivaled performance for our partners, owners, and lenders of 1,700+ hotels with more than rooms, representing over $160 billion of hotel real estate value. The company\'s current asset management portfolio comprises over 80 hotels and $10.5 billion in assets under management. The firm advises on an additional $10 billion of hotel real estate annually and the firm’s operational effectiveness division implements projects that increased GOP margins by an average of 500 bps without impact to guest service as measured one year after installation. hotelAVE uses a highly data-driven and comprehensive approach, which is supported by a proprietary business intelligence & analytics platform. Founded in 2003 by Michelle Russo, the 2021 Jack A. Shafer Financial Advisor of the Year, hotelAVE’s 45 diverse professionals possess over 750 combined years of hotel ownership, consulting, and hospitality operations experience. hotelAVE is headquartered in Providence, Rhode Island with offices and professionals also located in Atlanta, Chicago, Los Angeles, Miami, New York, Raleigh, Seattle, and Washington, DC. For more information on hotelAVE, please visit

EDUCATION

1984 — 1988

Johnson & Wales University

BS, A.S, B.S Restaurant/Food Services Management, A.S Culinary Arts

SKILLS

MicrosFront OfficeBanquetsHiringProperty Management SystemsFood ServiceNew Restaurant OpeningsYield ManagementHotel ManagementOpening HotelsForecastingOnqConvention ServicesHotelsMenu DevelopmentProfitResortsOperaPre-Opening ExperienceFoodMeeting PlanningFine DiningLeadershipLeisureCateringIncome StatementGuest Service ManagementHospitality ManagementRooms DivisionRevenue AnalysisRestaurantsFood & BeverageRevenue ForecastingCustomer SatisfactionRestaurant ManagementCulinary SkillsCost ControlHospitalityHospitality IndustryWine

ABOUT DAVID BUTLER

Senior Vice President Asset Management at hotelAVE

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