History & Milestones
One of Founder Jens von Gierke’s first major accomplishments with Wave Hospitality Advisors included the successful acquisition of the St. Regis Aspen in Colorado with OptAsia in December 2010 (Press). Wave Hospitality’s team remained the asset manager for the next several years following the acquisition.
In addition, Wave Hospitality has provided advisory support from start to finish on a number of development projects, including the Element by Westin Harrison-Newark and Residence Inn by Marriott Jersey City hotels in New Jersey. Wave’s team completed the initial feasibility study, conducted brand selection and negotiations, monitored construction progress and budgets, and led the pre-opening services for both of these properties – and continues to asset manage them to this day. The Element Harrison-Newark opened in August 2014 (Press) while the Residence Inn Jersey City opened in March 2017 (Press).
The Wave Hospitality team consulted for the owner/developer of a large plot of land in Temecula, California with the intent to build a mixed-use project featuring a resort, winery, conference center, and retail marketplace throughout the mid-2010's. Wave's team spearheaded the hotel/resort portion of this project, successfully negotiating an agreement with a top hotel brand and greatly assisting with the design intent for the project (Press).
Over the last ten years, the Wave Hospitality team has and continues to provide development advisory and asset management support for an owner/developer in Mexico across a variety of projects. This portfolio includes development advisory for the proposed St. Regis and W Kanai Resorts (Press) and initial development advisory leading to asset management of both the Westin Santa Fe, Mexico City (Press) and the Westin Guadalajara (Press).
Wave Hospitality provided brand agreement negotiation and development advisory services leading up to the opening of the newly constructed Kimpton Rowan Palm Springs in November 2017. Our team provided both pre-opening budget analysis, procurement reviews, punch walks, and staffing analysis for the owner/developer (Press).
However, Jens’ aforementioned achievements in creating a third-party management company, Ironwave Hospitality, as well as the acquisition of Timber Cove Resort, are his most proud moments during his time as an entrepreneur.