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Stephen Burt joins Colliers

Stephen Burt

Colliers International has appointed former Mirvac Hotels and Resorts CEO Stephen Burt as the Managing Director of Hotels for Asia-Pacific.

The move is a major expansion in the hotels property sector for Colliers on the back of a renewed focus to meet investor demand.

“Colliers International is pleased to announce the appointment of Stephen Burt as Managing Director – Hotels, Asia Pacific,” said Colliers International Chief Executive Officer – Australasia, John Kenny.

“Feedback from the market indicated that there was opportunity for an alternative service in the hotel property sector which offered a high level of expertise. We felt that the time was right and acted quickly.

“Stephen is a highly respected senior figure in the Hotel industry with over 25 years’ experience. He was a founder of JLW TransAct (now Jones Lang LaSalle Hospitality) and most recently held the role of CEO for the Mirvac Hotel Group where he managed their hotel management company of 45 hotels and their specialist hotel funds management platform valued at $1 billion.

“Whilst at Mirvac Stephen was integrally involved in Australia’s largest hotel transaction involving the sale of Mirvac Hotels and Resorts to Accor and the sale of the Mirvac Wholesale Hotel Fund to a group of investors led by the Singapore based Ascendas Pte Ltd.

“In this newly created position with Colliers International, he will lead a team of transactional and valuation professionals totally focused on the hospitality sector,” Kenny said.

Burt said he was looking forward to growing the business.

“We plan to immediately differentiate our business from our competitors with our extensive hotel investment background,” Burt said.

“We know what owners want when it comes to buying and selling and we will deliver the required outcomes.”

In addition to the appointment of Burt, Colliers International has recently appointed Dean Humphries from Jones Lang LaSalle Hotels to lead the New Zealand Hotels business based in Auckland. Humphries has over 20 year’s expertise within the hotel sector across New Zealand and Australia.

On the valuation side of the business Colliers International has also recruited Sean Pacey from CBRE Hotels based in Brisbane whilst Nick Thompson and Maria Verner from Jones Lang LaSalle Hotels will also join the team in Auckland.

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