PARIS—Gaurav Bhushan has been appointed chief development officer at AccorHotels. In this capacity he will report directly to Sébastien Bazin, CEO of AccorHotels, and will continue to be directly responsible for the development of the Asia-Pacific region under Michael Issenberg, CEO of HotelServices Asia-Pacific. The appointment is effective July 1.
He will succeed Christian Karaoglanian who, after 40 years with the group and in full agreement with group management, has decided to pass on the baton. Karaoglanian will be on hand during the transition to help Bhushan set out the new organizational arrangements. From January 2016, Karaoglanian will act as adviser to the chairman. He will continue to represent the group in the various executive boards, and will be responsible for specific dossiers.
Bhushan has an MBA from the Royal Melbourne Institute of Technology (RMIT University) and a Postgraduate Diploma in Applied Finance & Investments from the Securities Institute of Australia.
He began his career with AccorHotels in 1995 in Australia, where he held various posts in operations and finance. In 2000, he took up his first development post as business development manager for Australia and New Zealand. He was then appointed chief development officer for Australia, New Zealand and Japan, and extended his area of responsibility to become VP of development for North Asia and the Pacific in 2004. Since 2006, Bhushan has headed the Asia-Pacific development teams and coordinated the development of joint ventures and partnerships in the region. It was in this capacity that he was able to secure the acquisition of Mirvac Hotels & Resorts in Australia and New Zealand and, most recently, the alliance with Huazhu in China.