AccorHotels’ hotel investment arm is stepping up UK development under a new boss.

Olivier Daguzan has been appointed as chief operating officer for the French hospitality group’s HotelInvest division in the UK.

He will take on the role in addition to heading the division in Benelux which he already manages.

HotelInvest is tasked with developing AccorHotels’ owned portfolio of hotels.

UK properties recently added to its portfolio include a 231-room Ibis, which opened in Cambridge in September; a 196-room Ibis at Canning Town, London, due to open this year; and the Novotel Canary Wharf, a £90 million project, which at 39 storeys, will be the world’s tallest Novotel.

Daguzan, who will report to John Ozinga, chief executive of HotelInvest globally, said: “HotelInvest is now Europe’s leading hotel investor having significantly increased gross asset value and operating margin in recent years.

“I am proud to have played a small part in this success story and am excited about leading the next phase of our development in the UK, which is a hugely important area of focus for further expansion.”