Palette Hotels, a New York City-based hotel management company, has hired Joseph Yi as its chief investment officer.
In his new role, Yi will oversee the firm’s investment platform, grow the company’s corporate-owned and third-party asset management portfolio and lead Palette’s strategic growth initiatives aimed at enhancing the quality and scale of the company’s portfolio.
Yi previously held chief investment officer roles at Frontier Development & Hospitality Group and Real Hospitality Group. Earlier in his career, he was vice president of investments and general counsel at Lam Group, a hotel development firm, and was managing director of acquisitions with the luxury developer SHVO.
“With cumulative experience in more than $4 billion in hotel-related transactions, Joseph brings deep expertise in sourcing and structuring complex deals, forming programmatic joint ventures, raising institutional capital and optimizing investment returns,” said Richard Lou, CEO at Palette. “His leadership has consistently aligned cross-functional teams, capital partners, and operational stakeholders to deliver strategic value and long-term growth, making him the ideal candidate to expand Palette’s portfolio as we continue to grow nationally.”
