Hospitality investment and development firm DoveHill has appointed Charles Paloux as chief investment officer. In this new role, he will continue to oversee the entire lifecycle of DoveHill’s investments, ranging from acquisitions to the execution of business plans, asset management and dispositions.

“Charles’ background and experience have proved invaluable to the growth and success of our business in the past three years,” said Jake M. Wurzak, founder/CEO, DoveHill. “During the pandemic, our firm was one of the most active hospitality investors. Our focus will be on our newly launched Opportunity Fund 2, with an initial emphasis on asymmetric preferred equity investments in hospitality assets and highly differentiated independent and lifestyle properties.”

Paloux joined DoveHill in June 2021 as EVP, investments. With more than 20 years of experience in hospitality, he previously served as SVP, asset management at JLL. Before that, he had a 10-plus-year tenure at Hersha Hospitality Trust, where he led the asset management of their independent and lifestyle properties, specializing in rebranding and repositioning assets.

“I am very excited to continue to pursue the strong trajectory growth of the DoveHill portfolio, emphasizing preferred equity, and unique lifestyle and independent hospitality properties,” said Paloux. “Together, Jake and I are similarly driven in our ambition to offer a unique approach to hospitality investments that accommodate the fast-changing tastes and preferences of today’s savvy guests.”

Additional roles Paloux. has held include senior consultant at PricewaterhouseCoopers in the company’s Investment Management and Real Estate practice (part of the Hospitality and Leisure group) and financial controller/auditor for Accor, overseeing 90 hotels. He also has first-hand hotel operations experience from his time in France at the InterContinental Carlton in Cannes, Relais & Châteaux de la Chèvre d’Or in Eze and Le Negresco in Nice, as well as the Sofitel in Philadelphia.

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