Associate

Devesh “Devo” Ragha

"Hospitality is about people. Real estate is about value. Success comes from understanding both."

Coverage

TX · OK · NM · CA · GA

SPECIALTY

All Franchised Brands

Broker

Investment Sales

Owner

Hospitality Assets

Operator

Day-to-day performance

Developer

Ground-up & Repositioning

About

A broker who has stood in every role in the deal

Devo Ragha brings a rare combination of engineering expertise and lifelong hospitality experience to NewGen Advisory, which he joined in 2022. A second-generation hotel owner and developer, Devo graduated from the University of Texas at Arlington in 2002 with a degree in Structural Engineering and has since completed numerous ground-up builds and renovations for brands including Choice Hotels International and G6 Hospitality. He maintains strong relationships across all major hotel brands, including Marriott, Hilton, IHG, Choice Hotels, and G6 Hospitality.

Licensed in real estate since 2020, Devo focuses on hotel and lodging transactions nationwide, drawing on a deep network of hoteliers built through years of active involvement in the industry.

Outside of work, Devo has served as Secretary of the Bhakta Samaj Southwest Region and is well known in his community for his years competing in Indian volleyball tournaments.

Focus & Affiliations

All Franchised Brands

Deep fluency across every major franchise flag and PIP requirement.

Owner · Operator · Developer

Active across the full hospitality investment lifecycle.

AAHOA Council Group

Engaged in industry leadership and advocacy.

Coverage

Across the Sun Belt and Beyond

Devo works with buyers and sellers across five states, with deep relationships in Texas and the Southwest. His franchise expertise travels — wherever a branded asset trades, he knows the flag, the standards, and the buyer pool.

Buying or selling a branded hotel? Talk to someone who's owned one.