Luxury Hotel Advisors hires Black as principal

The boutique advisory and acquisitions firm has brought in high-profile industry figure Charles L Black III as a principal and opened an office in Beverly Hills.

Luxury Hotel Advisors hires Black as principal

by | 31 May 2021 | All

The boutique advisory and acquisitions firm has brought in high-profile industry figure Charles L Black III as a principal and opened an office in Beverly Hills.

The appointment of Black supports Luxury Hotel Advisors’ (LHA’s) ambitious growth strategy.

LHA strengthens team

As LHA’s newest principal, Black joins a team of professionals that collectively boast decades of experience in management, ownership, operation, marketing and brand development – as well as the execution of hotel sales and acquisitions – around the world.

“Charles’ impressive background in luxury hotel and real-estate marketing, repositioning and sales brings a level of expertise to optimise hotel values by integrating a real-estate component,” said Carlos Lopes, who co-founded LHA earlier this year. “We are thrilled to have him join our team.

“Increasingly, luxury hotel properties have a significant residential component. With the addition of Charles, we are now well-positioned to assist our clients on multiple levels, including residential sales and acquisitions and hotel conversions to residential real estate.”

A wealth of experience

Before joining LHA, Black served as managing director of the luxury division in Southern California for Compass Real Estate.

The new principal has previously served as executive vice president of real-estate brokerage Hilton & Hyland in Beverly Hills and as director of sales and marketing for Montage Hotels & Resorts. He was also formerly director of sales and marketing for Cap Juluca in Anguilla and director of sales and marketing at Ritz-Carlton Golf and Spa Resort in Jamaica.

In addition, Black has been chairman of the Beverly Hills Chamber of Commerce and is to take up presidency of the Beverly Hills Rotary Club in July 2021. He also volunteers with the Ronald McDonald House and Food on Foot, and holds a bachelor’s degree in business administration from Loyola University, New Orleans.

In his new role, Black will be based at the new Beverly Hills office, which is the first step in LHA’s planned expansion to several major US cities.

Related Articles

Motel One plans IPO

Motel One plans IPO

German hotel group Motel One has prepared itself for further, faster expansion after enjoying a record year of performance in 2023. The company has now split its operational and property businesses, and bought out 35% stakeholder Proprium Capital Partners, as the...

Paradores invest for the future

Paradores invest for the future

Spain’s paradores, a national network of state-run hotels that often feature historic or culturally important buildings, are continuing to thrive. With the current pipeline of new additions, the portfolio will soon welcome its 100th property. Guests arriving at a...

Amara Hotels & Resorts to embark on brand redesign

Amara Hotels & Resorts to embark on brand redesign

The reimagination of these properties responds to the evolving preferences of today’s traveller. The properties will unveil their new design mid-2024, with new brand experiences to follow. Brand transformation Through its brand redesign, Amara Hotels & Resorts...

IHG launches the UK’s first Vignette Collection hotel

IHG launches the UK’s first Vignette Collection hotel

Upcoming additions to the Vignette Collection include a hotel opening in the world's biggest alpine-themed indoor ski park and a property positioned between desert dunes and the Arabian Gulf. A growing collection The coming year will see significant growth for IHG’s...

Momentum builds in Northern Ireland

Momentum builds in Northern Ireland

Northern Ireland’s hotel sector is expected to see around GBP300m of investment in development and refurbishment, over the next five years. Already, nine hotel projects are under way, according to an update from the Northern Ireland Hotels Federation, a trade body...

RELATED ARTICLES