Hungarian Parliament across the Danube at golden hour — AVA Advisory hospitality real estate

Based in Europe Working Internationally

Hospitality. Intelligence. Value.

Strategic advisory for hospitality real estate investments, asset management and mixed-use destinations across Europe.

Andrea Róna, Founder of AVA Advisory

Founder & Partner

Contemporary owner-side thinking for hospitality assets and destinations.

AVA Advisory is led by Andrea Róna — a senior hospitality and real estate executive with 20+ years of international experience across hotel development, operations, asset management and strategic advisory.

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Practice

An advisory practice built around hospitality, place, capital, and people.

We work alongside investors, developers, operators and brand groups to shape positioning, structure partnerships and unlock the long-term value of experience-led assets.

Explore services

— 01

Hotel Development & Repositioning

End-to-end advisory across new-build and conversion hotel projects — feasibility, concept, programme, operator and brand strategy, and development oversight.

— 02

Operator & Brand Strategy Advisory

Independent operator search, brand alignment, and negotiation of HMA, franchise and lease structures — for owners who require an honest broker at the table.

— 03

Asset Management & Performance Optimization Advisory

Strategic repositioning of underperforming or maturing hospitality assets — concept, capex, guest experience and commercial reset.

— 04

Mixed-Use & Experience-Led Destination Development

Hospitality-led advisory for mixed-use schemes integrating hotel, residential, retail, F&B and cultural components into coherent destinations.

— 05

Investment & Partnership Advisory

Advisory across acquisitions, joint ventures and capital partnerships — aligning investment thesis with operational reality.

— 06

Hospitality Strategy & Concept Development

Senior strategic counsel to owners, boards and operator groups on portfolio strategy, growth, and long-term value creation.

Selected Experience

A portfolio of landmark hospitality and mixed-use destinations.

From historic European hotels to integrated mixed-use districts, our work spans some of the most recognised hospitality and destination assets in the region.

Hilton Budapest Westend / Crowne Plaza Budapest

Hotel Asset Management& Operator Selection

Hilton Budapest Westend / Crowne Plaza Budapest

Papp László Budapest Sports Arena — landmark event and hospitality destination

VenueManagement

Papp László Budapest Sports Arena

Budapest skyline

Positioning

Independent. Senior. Discreet.

AVA Advisory operates as a small, senior practice — a single point of accountability for owners and boards who require institutional-grade thinking without the apparatus of a large consultancy.

Mixed-use development

Hospitality Investment

Investment expertise across the hospitality value chain.

Advisory across acquisitions, repositioning, operator selection, brand structuring and value-add programmes — calibrated to each owner's hold horizon and capital structure.

Hospitality spa

Operator & Brand Strategy

Bringing the right brand and operator to the right asset.

Independent operator search, brand alignment, HMA and franchise negotiations, and ongoing performance dialogue — built on long-standing relationships across European operator and brand groups.

Institutional Credibility

Trusted by owners, operators and capital partners across Europe.

Two decades of work alongside international hotel groups, institutional investors, family offices and mixed-use developers.

Landmark Assets

  • Hilton Budapest City
  • Crowne Plaza Budapest
  • Corinthia Budapest
  • Westend City Center
  • Papp László Budapest Sports Arena
  • Lifestyle Hotel Mátra
  • ETO Park Business & Stadium Hotel

International Brand & Group Experience

  • Hilton
  • Marriott
  • Corinthia
  • IHG
  • Danubius
  • Hunguest
  • Trigranit / Granit Polus

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