Richard Lou
Chief Executive Officer, Palette Hotels
New York, NY 10002
Phone (917) 838-0693
Property Types
Hospitality, Multifamily
Markets
Austin, Dallas/Ft Worth, Denver, Houston, Jacksonville (Florida), New York City, Orlando, Phoenix, Tampa/St Petersburg, Nashville, Las Vegas, San Antonio, Salt Lake City, Albuquerque, El Paso, New Orleans/Metairie/Kenner
Languages
English, Chinese
Bio
Richard is the founder and CEO of Palette Hotels, directing the company’s development, operations, and investments through it’s senior leadership team. Prior to the acquisition of Palette Hotels, Richard led the LCRE Group, his family business that oversaw the development, investment, and asset management of seven hotels with 1,100 keys in four states. He has built four ground-up developments in New York City and has also led the residential property management and construction/procurement arms of LCRE Group.
As a trusted consultant for the hospitality and real estate industry, he has worked extensively with private equity groups, start ups, and high net worth individuals to create business plans and go-to-market strategies. Prior experience includes Kasa Living, Deloitte Consulting, Tishman Hotel & Realty, and Starwood Hotels. He is a graduate of the Hotel School at Cornell University and has an MBA from Harvard Business School. In his free time, Richard enjoys spending time with his daughter and traveling to new destinations with his family.
Education