{"id":121878,"date":"2021-09-08T02:58:53","date_gmt":"2021-09-07T19:58:53","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cbre-appoints-two-senior-level-hires-to-asia-pacific-hotels-team\/"},"modified":"2021-09-08T11:03:07","modified_gmt":"2021-09-08T04:03:07","slug":"cbre-appoints-two-senior-level-hires-to-asia-pacific-hotels-team","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cbre-appoints-two-senior-level-hires-to-asia-pacific-hotels-team\/","title":{"rendered":"CBRE appoints two senior-level hires to Asia Pacific hotels team"},"content":{"rendered":"


\nSteve Carroll (pictured left)\u00a0has been appointed\u00a0Head of Hotels and Hospitality for the region, while David Ling (pictured right) will join as Managing Director. Source: CBRE
\nCBRE has made two senior appointments to its Asia Pacific hotels team, with Steve Carroll joining as Head of Hotels and Hospitality for the region, while David Ling joins as Managing Director.
\nCaroll previously served as Senior Vice President of Global Corporate Finance and Strategy as well as Global Head of Mergers and Acquisitions at Intercontinental Hotel Group (IHG). In this role, Caroll drove the investment strategies of the company, including the multiple brand acquisitions and US$1 billion (S$1.3 billion) sale of the InterContinental Hong Kong.
\nHe was at LaSalle Investment Management prior to joining IHG.
\nLing, on the other hand, previously served as Chief Investment Officer at Pan Pacific Hotels Group (PPHG), where he was responsible for investments within the international markets. Before his stint with PPHG, he served as M&C REIT Management\u2019s Head of Strategic Development.
\n\u201cWe are excited to welcome Steve and David as we expand our global service offering and leverage existing teams to provide a full suite of hotel capabilities for our clients across Asia Pacific,\u201d said Greg Hyland, CBRE\u2019s Head of Capital Markets for Asia Pacific.
\n\u201cThey come with a well-rounded view of the hotel industry and a deep understanding of what global hotel owners, operators and investors look for while navigating a post-COVID recovery. The new realities created by the pandemic mean that clients will be best served with a comprehensive Hotels offering that includes investment, divestment, M&A, capital raising, debt, asset management and strategic advisory expertise.\u201d
\nCBRE believes global hotel fundamentals will gradually recover in the next three years amid accelerating vaccination programmes across big economies.
\n\u201cWhile the pandemic has created unprecedented cash-flow disruption for the industry, it is also creating opportunities for selective investors that recognise the potential of quality assets that stand to benefit from the rebound in business and leisure travel,\u201d said Caroll.
\n\u201cThe pieces are all in place for this to happen, such as pent-up travel demand, combined with strong access to capital in the region.\u201d
\nLooking for a property in Singapore? Visit PropertyGuru\u2019s\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\nCheryl Chiew, Digital Content Specialist at PropertyGuru, edited this story. To contact her about this story, email:\u00a0cheryl@propertyguru.com.sg.\u00a0
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…CBRE appoints two senior-level hires to Asia Pacific hotels team<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Steve Carroll (pictured left)\u00a0has been appointed\u00a0Head of Hotels and Hospitality for the region, while David...<\/p>\n","protected":false},"author":1,"featured_media":121879,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/09\/CBRE.jpg?fit=820%2C410&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vHM","jetpack-related-posts":[{"id":172638,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/asia-pacific-hotels-a-most-compelling-investment-amid-travel-growth-flat-supply-cbre\/","url_meta":{"origin":121878,"position":0},"title":"Asia-Pacific hotels a \u2018most compelling\u2019 investment amid travel growth, flat supply: CBRE","date":"September 25, 2026","format":false,"excerpt":"\r Investor appetite for hotel assets increased in Hong Kong and the wider Asia-Pacific region in the first half of the year as consumers showed growing eagerness to travel and constrained supply supported property values, according to CBRE. The region netted US$8 billion of investment in the period, up 21\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73069,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ihg-hotels-extends-franchise-model-in-china-to-crowne-plaza-brand-as-it-chases-expansion\/","url_meta":{"origin":121878,"position":1},"title":"IHG Hotels extends franchise model in China to Crowne Plaza brand as it chases expansion","date":"November 28, 2017","format":false,"excerpt":"\r InterContinental Hotels Group (IHG) is extending its franchise business model in the China market to its Crowne Plaza and two Holiday Inn brands, as it looks to accelerate expansion in a country it sees as the largest source of growth. The company said on Monday that it would seek\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69426,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hotel-giant-ihg-launches-wellness-brand-to-woo-chinas-middle-class\/","url_meta":{"origin":121878,"position":2},"title":"Hotel giant IHG launches wellness brand to woo China\u2019s middle-class","date":"October 19, 2017","format":false,"excerpt":"\r Hotel giant InterContinental Hotels Group (IHG) has launched a new hotel brand in China that aims to help travellers \u201ckeep healthy\u201d while they are on the road. The debut of the EVEN hotel brand comes at a time when young, middle-class Chinese consumers are increasingly placing an importance on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":48910,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jll-named-top-dealmaker-in-asia-pacific\/","url_meta":{"origin":121878,"position":3},"title":"JLL named top dealmaker in Asia Pacific","date":"March 21, 2017","format":false,"excerpt":"\r JLL handled US$20.4 billion worth of investment deals in 2016, the highest in the region. For the sixth year in a row, JLL has been crowned the best property investment advisory firm in Asia Pacific by Real Capital Analytics (RCA), an independent body that analyses real estate transaction volumes\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hotels-in-asia-pacific-likely-to-see-surge-in-investment-this-year-as-coronavirus-restrictions-ease-jll-report-says\/","url_meta":{"origin":121878,"position":4},"title":"Hotels in Asia-Pacific likely to see surge in investment this year as coronavirus restrictions ease, JLL report says","date":"January 26, 2022","format":false,"excerpt":"\r Hotels in Asia-Pacific are likely to receive investment of more than US$9 billion this year, a 30 per cent increase from 2021, as countries begin to ease their Covid-19 restrictions and some confidence returns to the hospitality sector, according to JLL.The higher investment in the segment is just one\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100374,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kowloon-to-welcome-back-regent-name-as-part-of-intercontinental-hotel-revamp\/","url_meta":{"origin":121878,"position":5},"title":"Kowloon to welcome back \u2018Regent\u2019 name, as part of InterContinental Hotel revamp","date":"October 23, 2018","format":false,"excerpt":"\r Hong Kong\u2019s harbour-facing InterContinental Hotel in Kowloon will hike up its prices after being rebranded as its original name, the upscale \u201cRegent\u201d, and reopened in 2021, which analysts say reflects a trend towards more luxury offerings in the city. Average daily rates at the hotel, situated in the bustling\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121878"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121878"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121878\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/121879"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}