Hotel Consulting Services in Chicago

Navigate Chicago’s competitive hospitality market with hotel consulting built for owners, developers, lenders, and investors. Latitude Asset Management combines asset oversight, portfolio strategy, operator accountability, and disciplined capital advisory to protect value and improve performance. From Loop-area demand shifts to airport and convention traffic, we help align decisions with market realities and long-term investment goals across the hotel lifecycle.

Hotel consultant meeting with investors in Chicago

Our Hotel Consulting Services

Strategic hospitality advisory across ownership, operations, capital, brands, and distressed hotel situations.

Portfolio Strategy

Design portfolio architecture across geographies, segments, brands, and operators, using market intelligence and benchmarking to align hotel holdings with diversification, cycle positioning, and investment objectives.

Owner Representation

Act as the owner’s proxy with disciplined asset-level oversight, performance monitoring, capital planning, and operator accountability to safeguard value and drive stronger execution.

Asset Management

Optimize each ownership phase through hands-on asset management, balancing macro investment strategy with property-level performance, risk-adjusted returns, and sustainable value creation.

Investment Advisory

Support acquisition, portfolio, and performance decisions with financial analysis, disciplined underwriting, scenario planning, capital structure evaluation, and liquidity-focused advisory.

Brand Transitions

Lead brand strategy, operator RFPs, franchise negotiations, due diligence, contract discussions, and 90–180 day handovers for smoother transitions and better alignment.

Distressed Hotels

Stabilize underperforming, lender-controlled, or REO hospitality assets with recovery strategies, performance plans, operator accountability, and asset disposition support when needed.

Owner-Aligned Advisory

Hotel Strategy Built Around Ownership Goals

Hotel decisions in Chicago require more than generic hospitality advice. Latitude Asset Management brings owner-minded discipline to strategy, operations, finance, and brand execution, helping stakeholders respond to convention demand, neighborhood competition, labor pressure, and capital priorities. We connect operational realities with institutional investment standards so every recommendation supports measurable performance, risk control, and long-term value creation.

Hotel consultant reviewing investment strategy documents
The Latitude Difference

Why Choose Latitude Asset Management?

Latitude Asset Management helps hotel stakeholders make clearer, more disciplined investment decisions.

Owner Mindset

We think like owners, aligning Chicago hotel decisions with capital priorities and measurable investment outcomes.

360° Expertise

Our team combines hotel operations, real estate, finance, branding, and asset oversight expertise.

Cross-Border Insight

Chicago investors benefit from regional insight connected to institutional standards across the Americas.

Execution Focus

We stay hands-on from strategy through execution, operator accountability, transitions, and performance improvement.

Meet The Advisory Team

Senior hospitality advisors with institutional and operational depth.

Portrait of Haizar Baiz, CEO and Head of Asset Management at Latitude Asset Management

Haizar Baiz

CEO and Head of Asset Management

Haizar Baiz is the CEO and Head of Asset Management at Latitude Asset Management, bringing over 18 years of industry experience across hotel operations, real estate, and finance. His career spans representing major brands, operating large-scale hotels, and advocating for investors across the Americas, giving him a rare 360° view of the hotel business. Known for turning around underperforming assets and growing market share, Haizar combines strategic insight with hands-on execution to drive measurable value creation. A Cornell-certified hotel investment and asset management professional, he leverages his multicultural background and fluency in English, Spanish, Portuguese, and French to build authentic trust with investors and partners across borders, ensuring every engagement is grounded in regional understanding and institutional discipline.

Portrait of Reid Morrison, Chief Brand Strategy Officer at Latitude Asset Management

Reid Morrison

Chief Brand Strategy Officer

Reid Morrison serves as Chief Brand Strategy Officer at Latitude Asset Management, contributing over three decades of leadership across hospitality, real estate, and technology. Throughout his distinguished career, he has led commercial strategy, optimized sales and revenue performance, and driven transformational growth for full-service properties and multi-brand portfolios across major markets. Reid is recognized for blending deep operational insight with forward-thinking strategy, focusing on long-term value creation through disciplined execution and data-driven decision making. His experience managing global teams and leveraging emerging technologies equips him to identify high-impact opportunities, streamline hotel performance, and deliver clear, strategic guidance to owners and investors navigating complex hospitality markets.

Portrait of Anthony Del Gaudio, Chief Business Development Officer at Latitude Asset Management

Anthony Del Gaudio

Chief Business Development Officer

Anthony Del Gaudio is the Chief Business Development Officer at Latitude Asset Management, with over 35 years of experience working alongside hotel owners, investment groups, asset managers, and operators across the hospitality industry. He is highly regarded for his expertise in asset repositioning, startup operations, deal structuring, comprehensive asset evaluation, and performance optimization. Anthony's distinguished career includes 14 years with Hyatt Hotels, 19 years with Loews Hotels, and three years with InterContinental Hotel Group, spanning wholly owned, managed, and franchise operations. His deep experience supporting portfolios from single assets to large multi-property holdings makes him an invaluable resource for investors and owners seeking disciplined, results-driven asset management solutions.

Portrait of Germán Ongay, Senior Strategic Partner for Mexico at Latitude Asset Management

Germán Ongay

Senior Strategic Partner (Mexico)

Germán Ongay is a Senior Strategic Partner for Mexico at Latitude Asset Management, bringing more than four decades of leadership experience in Mexico's hotel industry. Having served as CEO of Óptima Hoteles de México and Regional Vice President of Sales and Franchise Development for IHG Hotels & Resorts in Mexico, he is widely recognized for his expertise in franchise growth, brand expansion, and strategic market positioning. Throughout his career, Germán has led complex negotiations and development initiatives with major international brands, supporting hotel openings across key national markets. At Latitude, he drives regional brand strategy, franchise negotiations, and market expansion initiatives, leveraging deep industry relationships with owners, developers, and global brands to deliver well-structured growth strategies.

Portrait of Olmedo Herrera, Partner and Operations Lead at Latitude Asset Management

Olmedo Herrera

Partner and Operations Lead (Colombian Hub)

Olmedo Herrera is a Partner and Operations Lead for Latitude Asset Management's Colombian Hub, bringing decades of experience leading large, full-service hotels across Latin America. As a seasoned General Manager and senior operator throughout the region, he is widely respected for his operational leadership and strong relationships with owners, operators, brands, and local stakeholders. Olmedo has successfully guided hotel openings, renovations, and rebranding initiatives from early planning through stabilized operations. At Latitude, he serves as the firm's on-the-ground operations expert for Latin America, overseeing hotel operations, openings, and transitions. His deep regional knowledge and hands-on market insight enable disciplined execution that drives performance and delivers long-term value for investors and owners.

Portrait of Simon Lagardera, Vice President of Business Development for the Caribbean at Latitude Asset Management

Simon Lagardera

Vice President, Business Development (Caribbean)

Simon Lagardera serves as Vice President of Business Development for the Caribbean at Latitude Asset Management, bringing a powerful blend of hospitality expertise and entrepreneurial leadership. A graduate in Hotel Administration from Venezuela, Simon began his career in hotel operations before becoming a serial entrepreneur, founding and leading businesses across multiple industries throughout the Caribbean. This dual background enables him to understand both operational realities and the strategic priorities of investors and owners. At Latitude, he leads growth and business development initiatives across the Caribbean, leveraging his regional network and business acumen to identify opportunities and build trusted partnerships. He works closely with owners and investors to connect local opportunities with international standards and drive sustainable, long-term value creation.

Portrait of Randy Crohn, Real Estate Investment Advisor at Latitude Asset Management

Randy Crohn

Real Estate Investment Advisor

Randy Crohn is a Real Estate Investment Advisor at Latitude Asset Management, offering broad international experience in real estate, strategic partnerships, and cross-border growth. His career includes deal structuring, technology-enabled ventures, and senior leadership roles within global organizations, providing a well-rounded perspective on value creation and market expansion. Randy is recognized for navigating complex environments with clarity and precision, skillfully aligning stakeholders and uncovering high-impact strategic opportunities. His extensive experience working across multiple countries and cultures strengthens his capacity to support investors with informed judgment, strong relationships, and a disciplined, long-term approach to performance. Randy's cross-border insight adds significant depth to Latitude's investment advisory capabilities across the Americas.

Portrait of Javier Revelo, Financial Analysis and Research Advisor at Latitude Asset Management

Javier Revelo

Financial Analysis & Research Advisor (CFA)

Javier Revelo is the Financial Analysis and Research Advisor at Latitude Asset Management, bringing deep financial expertise and analytical rigor developed across institutional investment management, corporate treasury, and hospitality analytics in global markets. A CFA charterholder, Javier began his career in portfolio risk and portfolio management before moving into senior roles focused on revenue strategy, forecasting, and performance analytics within hospitality and transportation platforms. This unique combination of institutional finance discipline and commercial operating insight allows him to bridge investment strategy with real-world hotel performance. At Latitude, he leads financial analysis and research across acquisitions, portfolio strategy, and performance initiatives, supporting investors with disciplined underwriting, scenario analysis, and capital structure evaluation.

Frequently Asked Questions

What consulting firm is based in Chicago?

Latitude Asset Management is a specialized hotel investment and asset management consulting firm serving the Chicago market and investors across the Americas. The firm supports hotel owners, developers, lenders, and institutional investors with portfolio strategy, asset oversight, operator accountability, distressed asset planning, capital advisory, and brand or management transitions.

What do hotel consulting services include?

How does hotel asset management help owners?

Can you help with distressed hotel assets?

When should I consider changing a hotel operator or brand?

What is hotel portfolio strategy?

How are hotel consulting engagements structured?

Who does Latitude Asset Management work with?

Still Have Hotel Investment Questions?

Connect with our hotel investment experts for clear, practical guidance.

Certified & Trusted

Awards and Recognition

Cornell-certified hotel investment credential

Cornell-Certified Advisor

Advanced hotel investment and asset management expertise.

CFA charterholder credential

CFA Charterholder

Institutional-grade financial analysis and underwriting discipline.

Institutional hospitality standards badge

Institutional Standards

Owner-aligned execution across complex hotel investments.

Start a Smarter Hotel Strategy

Share your hotel asset, portfolio, or investment challenge, and our team will respond with a focused path forward.

Contact Us Today

You can also send us a quick email at contact@latitude-am.com.