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.
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
Hilton acquires NoMad lifestyle brand
Hilton has acquired the NoMad hotel brand, adding to its lifestyle brand stable following the recent acquisition of Graduate Hotels. The move takes the form of the acquisition of a majority, controlling stake in Sydell Group, the organisation that developed the NoMad...
Cheval joins GHA
Serviced apartment group Cheval Collection has signed to link its portfolio to the Global Hotel Alliance, recognising the value of being part of a larger loyalty programme as it seeks to grow its international presence. The GHA, which lays claim to being the world's...
IHG grows voco brand in South Korea with new Seoul signing
Following the rebranding of an existing property, the hotel will become IHG’s second voco branded hotel in South Korea, following the 2022 debut of voco Seoul Gangnam. A heightened presence Following its recent signing, voco Seoul Myeongdong is set to open by the...
Product Innovation – The new shower toilet AquaClean Alba from Geberit
PLEASANTLY SIMPLETHE NEW AQUACLEAN ALBA. Simple and elegant, the new Geberit AquaClean Alba blends seamlessly into any bathroom design. The AquaClean Alba is a simple, stylish WC complete with spray functionality that ensures perfect personal hygiene after using the...
Wyndham adds 25th brand
The deal has been explained as a strategic partnership with WaterWalk, which currently has 11 hotels with over 1,500 rooms, across key US city markets including Tuscon, Jacksonville and Wichita. The brand is an upscale extended stay offer, and will become the 25th...
Marina Bay Sands reveals details of multi-billion-dollar expansion
Inclusive of a luxury hotel tower, entertainment arena and additional MICE space, the expansion has been designed by original architects of the property, Safdie Architects. Resort expansion The expansion of this iconic resort will see the construction of a luxury...
