(November 25, 2021)
CBRE has appointed Chris Ely as Head of Hotel Asset Management, Asia.
Based in Singapore, Chris will lead CBRE’s Hotel Asset Management and Operator Selection business within the Capital Markets team.
Chris has over 20 years of experience as a hotelier and asset manager. Most recently, he was Vice President (Business Development and Asset Management) of Next Story Group (NSG), where he was responsible for the development and execution of NSG’s regional development plans.
He also oversaw the asset management of NSG’s hotel portfolio, which included assets in Australia and South East Asia, including co-working spaces.
Prior to that, he held management positions at JLL, Outrigger Hotels & Resorts and the Jumeirah Group.
At CBRE, Chris’s role will be to work with clients to unlock value from hotel and hospitality assets, improve profitability and align stakeholders with investment goals.
Chris joins a growing team of hospitality industry veterans at CBRE and will serve on the company’s Asia Pacific Hotels & Hospitality executive committee.
“As optimism about the recovery of the hotel industry grows, we are stepping up our service offering to help hotel and resort owners, investors and operators successfully participate in the future cycle of the hotel market in Asia. -Pacific, ”said Steve Carroll, hotel and hospitality manager. , Capital Markets, Asia-Pacific. “Chris has an invaluable combination of operational expertise and business investment experience, having been a seasoned hotelier and asset manager. He joins us at a time when rising vaccination rates and reopening of borders in the region signal that an economic recovery is on the horizon, creating new opportunities in the hospitality sector. Following Chris’s appointment, we will continue to aggressively expand our team and service offerings to meet anticipated market demand.