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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

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.

 

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