Expert Hotel Renovation Project Management Services

Plan and execute hotel renovations with disciplined owner representation, capital oversight, operator coordination, and brand-aligned execution. Latitude Asset Management helps owners, investors, lenders, and developers protect asset value, reduce disruption, and move from strategy to stabilized operations with hospitality expertise, financial rigor, and hands-on project leadership across complex renovation environments.

Hotel renovation project management team reviewing plans

Our Hotel Renovation Project Management Services

Integrated renovation leadership for hotel owners, developers, lenders, and investors seeking disciplined execution and asset value protection.

Owner Representation

Acting as the owner's proxy, we oversee renovation execution, operator accountability, capital planning, and asset-level decisions to safeguard value and keep the project aligned with investment objectives.

Capital Planning

We help structure renovation budgets, evaluate capital priorities, and connect improvement plans to long-term value creation, liquidity needs, and disciplined investment performance.

Brand Transitions

For renovations tied to repositioning or reflagging, we support brand strategy, franchise negotiations, operator transition planning, due diligence, and handover coordination.

Operations Oversight

Our operations leadership helps balance renovation work with service standards, revenue strategy, cost control, brand compliance, and post-project performance stabilization.

Development Strategy

We guide development and repositioning decisions with hospitality, real estate, and capital expertise, turning renovation opportunities into investable, performance-focused hotel strategies.

Distressed Assets

For underperforming or lender-controlled hotel assets, we provide stabilization planning, recovery strategy, and renovation oversight designed to restore confidence and protect asset value.

Hotel renovation project planning meeting

Our Hotel Renovation Management Process

Define Ownership Goals and Asset Priorities

We begin by clarifying ownership objectives, asset performance, brand obligations, operator realities, and capital constraints. This creates a disciplined renovation strategy tied to value creation, risk-adjusted returns, and the property's competitive position.

Build the Renovation Roadmap

Coordinate Stakeholders and Execution

Monitor Capital and Performance

Stabilize Operations After Completion

The Latitude Difference

Why Choose Latitude Asset Management?

Latitude Asset Management brings disciplined hospitality execution to complex renovation and repositioning projects.

Owner Mindset

We think like owners and manage renovation decisions as stewards of capital.

Multidisciplinary

Our team blends hotel operations, real estate, finance, and brand strategy expertise.

Execution Focus

We stay hands-on from strategy through operations, not just advisory recommendations.

Cross-Border

Regional leaders connect local opportunities with institutional standards across the Americas.

Meet The Leadership Team

Senior hospitality experts guiding complex hotel renovation execution.

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 does a hotel project manager do?

A hotel project manager coordinates the renovation from planning through completion while protecting the owner's investment objectives. Responsibilities often include scope definition, budget oversight, vendor and operator coordination, brand compliance, timeline management, risk control, stakeholder reporting, and transition planning so the property can return to stabilized performance efficiently.

How is hotel renovation project management different from general construction management?

Who should use hotel renovation project management services?

What should be included in a hotel renovation plan?

How can project management reduce renovation cost overruns?

Can you support brand or operator transitions during a renovation?

How long does a hotel renovation project usually take?

Why choose Latitude Asset Management for hotel renovation project management?

Still Have Renovation Questions?

Connect with our hospitality experts for strategic renovation guidance.

Certified & Trusted

Awards and Recognition

Cornell-certified hotel investment and asset management credential

Cornell-Certified Professional

Hotel investment and asset management expertise.

CFA charterholder credential

CFA Charterholder

Institutional-grade finance and investment discipline.

Cross-border hospitality expertise trust badge

Cross-Border Expertise

Regional insight with international operating standards.

Ready to Lead Your Hotel Renovation?

Share your hotel renovation goals, asset context, timeline, and ownership priorities. Our team will review the opportunity and outline how disciplined project management can support execution, value creation, and risk control.

Contact Us Today

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