Leading hotel group Choice Hotels Asia-Pac has appointed Trent Conroy to the position of Director, Investment & Portfolio Growth.
An experienced acquisition professional with a proven track record in developing and delivering successful inorganic growth strategies, Conroy joins Choice Hotels Asia-Pac from global consulting business Environmental Resource Management (ERM). ERM is a KKR portfolio company.
In his four years at ERM, Conroy has spearheaded the acquisition of more than 20 diversely scaled businesses located across all populated continents.
With Choice Hotels Asia-Pac, Conroy will be responsible for building a pipeline of high-value deals and strategic partnerships. He will be based in Melbourne and report to CEO Trent Fraser, who welcomes him to the team.
“Trent Conroy brings a wealth of experience spanning a range of industries and geographies,” Fraser says. “In particular, he has a deep appreciation and understanding of businesses with aspirations for growth. We’re confident his solid skillset and expertise will play an integral role as we continue to strategically grow the Choice Hotels portfolio in the Asia-Pacific region.”
Conroy says he’s excited to be joining Choice Hotels Asia-Pac at this time. “I feel honoured to take on the position of Director, Investment & Portfolio Growth,’ says Conroy. “Choice Hotels Asia-Pac’s 2022 financial results demonstrate that the group has rebounded after a couple of challenging pandemic years for everyone. I can’t wait to get started with Trent Fraser and his team.”
Choice Hotels Asia-Pac delivered impressive growth for revenue per available room (RevPAR) across its hotel portfolio for the financial year ending December 2022. Australian RevPAR figures were 31 percent higher than full year 2019. Australian revenue-managed hotels 2022 RevPAR were up 40 percent. In New Zealand, where international border restrictions extended through until July 2022, RevPAR was up seven percent on 2019.