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Steve Carroll

Senior Managing Director, CBRE Hotels
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About Me

Steve Carroll is Head of CBRE’s Hotel and Hospitality team in Asia Pacific, with more than 20 years of hospitality/ investment experience. He has an all-rounded perspective of the hotels and hospitality sector, having been involved in transactions on both the principal and operator side, and has provided strategic direction and advised on M&A, acquisitions and divestment strategies across the globe.


Steve has more than 20 years of global hospitality / investment experience, most recently as IHG’s Senior Vice President, Global Corporate Finance and Strategy. In this role, Steve was the Global Co-Head of M&A and Global Growth Officer for luxury brands,

While at IHG Steve was based in Singapore, Atlanta and London and oversaw the development and execution of IHG’s global short and long-term investment strategies to ensure alignment with the company’s growth plans and strategic objectives. This global experience has allowed Steve to build strong global relationships with hotel stakeholders and obtain expert market knowledge.

Steve managed numerous investment strategies at IHG including the acquisition of Kimpton Hotels, Regent Hotels and Six Senses Resorts and the sale of InterContinental “IC” hotels, this included the ~US$1b sale of the IC Hong Kong, one of the largest hotels ever transacted globally.

Prior to IHG, Steve was at LaSalle Investment Management (PE) a subsidiary of Jones Lang LaSalle Inc., where he was responsible for the group’s hospitality investments and asset management across Asia Pacific and successfully concluded several hotel acquisition and disposal projects. This role also included fund management aspects such as capital raising and portfolio management.

Prior to this he was Asset and Investment Manager at The GPT Group (REIT) in Sydney where he helped acquire, manage and divest the groups hotel portfolio and mixed use sites across Australia.


Steve is a graduate of the Australian Graduate School of Management “AGSM (Postgraduate) and Macleay College Sydney Business / Hospitality/ Management programmes.

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