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Less Than 1% of Hotel Owners Are Black Women. This 34-Year-Old Is Changing the Game | TIME

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Less Than 1% of Hotel Owners Are Black Women. This 34-Year-Old Is Changing the Game | TIME

  • Published By TIME
Davonne Reaves, African American Wealth, Black Wealth, KOLUMN Magazine, KOLUMN, Willoughby Avenue, WRIIT, TRYB,

 

—  BY, ANNE-LYSE WEALTH

Davonne Reaves is not your typical 34-year-old. 

Last year, Reaves and her former college roommate turned business partner, Jessica Myers, brokered a historic $8.3 million deal to acquire a Hilton hotel. Through this deal, Reaves says they became the youngest Black women to co-own a hotel under a major hotel chain.

Investing in a hotel may seem like a faraway dream, and for most Black people, it’s an even bigger stretch. “Only 2% of hotel owners are African-Americans, and less than 1% are Black women,” said Reaves. But she is determined to change the narrative.

See Also
Redlining, African American Economics, Black Economics, Housing, Fair Housing, African American Banking, Black Banking, KOLUMN Magazine, KOLUMN, KINDR'D Magazine, KINDR'D, Willoughby Avenue, WRIIT, TRYB,

 

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