Hotel franchise Choice Hotels Asia-Pac has boosted its investments and development team with two new appointments from outside the industry.
Choice has appointed corporate developer and investment banker Adil Moosa as senior manager in corporate development. Moosa has executed more than $20 billion in transaction value across a range of sectors. He will focus on identifying high growth, strategically aligned investment opportunities.
David Silcock, newly-appointed senior manager for development across Australia and New Zealand has almost 20 years of experience in real estate, including residential, commercial and franchising.
Choice Hotels Asia-Pac CEO Trent Fraser said the development and investment-led divisions will work together under a single strategic vision to accelerate Choice’s portfolio growth.
“These new appointments, combined with existing in-house expertise, mark a pivotal moment as we accelerate our growth trajectory. We’re well-positioned to drive value creation for our franchisees and stakeholders,” he said.
“Our strategic vision is clear and with the depth of experience in this new team we’re confident we can continue to navigate the evolving hotel landscape and capitalise on emerging more opportunities.”
Led by Head of Investments and Portfolio Growth Trent Conroy, the team will focus on corporate development to expand investment-led opportunities.
Last year the group signed 12 new hotels, predominantly in regional and coastal New South Wales.
