What’s My Hotel Worth? US Hotel Market Trends and Valuations

Davonne Reaves, a trailblazer in the hospitality sector, is the brains behind The Vonne Group. With a career spanning over 15 years, she has evolved from a front desk agent to an acclaimed hotel consultant and asset manager, owning a trio of hotels. She's the creative force behind Vesterr, the inaugural Black-owned crowdfunding platform for hotel investments, and Stay Black Experience, one of the most extensive directories for Black-owned hotels. She also shares her insights as a co-host of the NextGen in Lodging Podcast, powered by Hotel News Now.

Her professional trajectory in the hospitality industry has seen her manage portfolios amassing over $1 billion in hotel assets at CHMWarnick. Presently, she harnesses this vast experience to guide the Black community on the path to successful hotel investment and ownership.

Reaves' influence is extensive, having enlightened over 4,000 individuals and facilitated the journey to hotel ownership for many across the U.S. Her work has garnered her features in esteemed publications such as Forbes, The Atlanta Business Chronicle, Black Enterprise, MarketWatch, The Atlanta Journal-Constitution, NextAdvisor (Time), and Franchise Times.

Her industry contributions have been acknowledged by The International Society of Hospitality Consultants, Hotel Management Magazine, and The International Hospitality Institute. She also serves on the Board of her Alma mater, Georgia State University Cecil B. Day School of Hospitality, where she earned a B.A. in Sociology.

Among Reaves' accolades are her induction into Georgia State University’s top 40 under 40, receiving the Trailblazer of the Year Award from The Urban League of Greater Atlanta, and being recognized as one of the top 100 most influential African Americans under 40 by The Root. Davonne currently calls Atlanta, GA home, where she lives with her son, Jamir.