Rico Picenoni

Accor Hotels

Rico Picenoni

Executive Director Development

Rico supports the development growth of Accor’s residential and extended stay portfolio in the Middle East and Africa, and furthermore supports analytical, financial modelling, and reporting initiatives for the global residential & extended stay team.

Rico joined Accor in 2016 as director of feasibility for the Middle East, whereafter Accor’s development team continued to report multiple record years of signings. Prior to working for Accor, Rico held various positions in the industry including as asset manager with Seven Tides Hospitality where he managed a portfolio of hotels valued in excess of AED1.5 billion. During this time he was co-founder and board member of the Middle East & Africa branch of the Hospitality Asset Manager’s Association, the world’s leading hotel asset management association. He held earlier appointments as associate at HVS Global Hospitality Services where he co-authored multiple publications and administered a diverse range of valuation, feasibility, management contract and strategic assignments, and prior to that held various management positions within Starwood and Rosewood.

Rico holds a bachelor of science degree in hospitality and business management from École hôtelière de Lausanne, in addition to certification in hotel real estate investment and asset management from Cornell University.

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