In 2018, I formed DD Hotel Advisors (DD|HA) after accumulating 25 years of experience in hotel real estate finance, advisory, and operations. DD|HA advises owners, developers, and lenders and invests our time and resources into hotel developments and underperforming hospitality real estate businesses.
Prior to founding DD|HA, I spent 18 years with HVS and finished as founder and partner of HVS' Tax Advisory service. After 18 wonderful years, my interests evolved into hotel development and investment, throughout my career, I have advised on hotel properties in 47 states and territories. I founded HVS’ Tax Advisory services following the collapse in the real estate and lending industry and their need for real estate and hotel tax strategy amidst depressed cash flows.
Currently, I am focused on enhancing asset value through innovative deployment of revenue and expense strategies. I have always taken entrepreneurial approach to the hotel business. Recently, I've developed a hybrid-use hotel and cannabis consumption business model that addresses latent demand for cannabis users.
The breadth of my experience spans across acquisition, disposition, development, distressed assets, and debt and equity transactions. I am a real estate broker licensed in the State of New York and have transacted over $100 million in hotel real estate. I have advised on over $1 billion in transactional value. Over the course of 25 years, I have developed strong relationships in the hotel investment world and now seeking to make investment in Hybrid-Use Hotel Cannabis real estate.
I am an adjunct professor at Boston University's School of Hospitality Administration. My wife Jessyca and I live in the Boston area and have four children.
Originally from Bangkok, Thailand, Varun came to the U.S in the fall of 2017 to commence undergraduate studies at Purdue University. With a keen interest in Science, Technology, Engineering and Mathematics (STEM) since high school, he intended to pursue a degree in Mechanical Engineering. However, inspired by his family’s business in the real estate and hospitality sector, Varun melded his interest in STEM and the applications of finance and decided to pursue Actuarial Science, graduating from Purdue with a degree in Actuarial Science and Applied Statistics in the spring of 2021.
Having come from a family of entrepreneurs, Varun moved to the Boston area to pursue a master’s degree in Finance at Babson College, one of the top schools in entrepreneurship in the world.
Varun’s family’s entrepreneurship traces to the textile industry, specifically in embroidery product manufacture and export to various markets around the globe. The family later ventured into the hospitality sector with its first hotel, the Bangkok Marriott Hotel Sukhumvit, which opened in the heart of Bangkok, Thailand in 2013.
Varun has since been involved in hotel development, management, and operations.
Varun graduated with a master’s degree from Babson in December 2022, and joined DD|HA in February 2023, putting his passions, education, and business expertise to work for hotel owners and investors around the world.