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UAE: Chedi Hospitality has appointed Milos Nedovic as its chief asset and investment officer, a newly-created role for the group.
Nedovic joins Chedi from RIKAS Hospitality Group where he held the role of chief financial officer.
Prior to this, he spent nearly a decade with Hyatt, working across properties in Azerbaijan, Dubai, Russia, Serbia, Uzbekistan, and more.
At Chedi, Nedovic will oversee capital allocation and revenue optimisation across the group’s properties, as well as source investment opportunities for partners. He will also drive the expansion of Chedi’s asset management services.
In addition, he will support the integration of emerging technologies with a focus on operational efficiency and guest experience.
“Chedi Hospitality is built on a strong legacy and a clear vision for the future, and I’m excited to be part of its next chapter,” said Nedovic. “I look forward to working closely with the team to strengthen performance, unlock new opportunities and build strong partnerships across the portfolio.”
Stephan Schupbach, president and group CEO of Chedi Hospitality, added: “We are pleased to welcome Milos to Chedi Hospitality at a pivotal moment in our journey. As we continue to grow, his financial expertise and commercial acumen will play an important role in strengthening our capabilities and supporting long-term value creation.”
Highlights:
- Chedi Hospitality has appointed Milos Nedovic as chief asset and investment officer to oversee capital allocation, revenue optimisation and portfolio performance across the group.
- Nedovic joins Chedi from RIKAS Hospitality Group, where he served as chief financial officer, bringing financial leadership experience across luxury hospitality operations.
- Prior to RIKAS, he spent nearly a decade with Hyatt, working across properties in Azerbaijan, Dubai, Russia, Serbia and Uzbekistan.
- At Chedi Hospitality, Nedovic will also lead expansion of asset management services and source new investment opportunities for partners across global markets.
