Named Vice President of Asset Management
At Hersha Hospitality Trust in Philadelphia - PA, USA
Hersha Hospitality Trust (NYSE: HT), owner of upscale hotels in urban gateway markets,
announced today that Charles Paloux was named Vice President of Asset Management.
Paloux oversees HT’s Miami and Washington DC portfolios as well as its independent
boutique portfolio across the country. He is also very involved in HT’s disposition and
refinancing strategy and execution.Prior to joining HT, he was a Senior Consultant at
PricewaterhouseCoopers in their Hospitality and Leisure Consulting Practice based in
Philadelphia. Previously, he served as a Financial Controller at Accor, where he oversaw
the company’s 90 hotels in the London region. Paloux also held various managerial
positions at full service luxury hotels in the U.S. and France.
Graduating with a master’s in Real Estate Finance from Cornell University’s School of
Hotel Administration and a bachelor’s in Hospitality Management from Glion Hotel
School in Switzerland, Paloux is a frequent guest lecturer at Cornell and Lausanne Hotel
School. He is also a member of Cornell Hotel Society and the Hospitality Asset
Managers Association (HAMA).
Paloux is originally from Nice, France and currently resides in Center City Philadelphia
with his wife Nicole.