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How Will EVT’s $74M Pro-invest Deal Transform Its Hotel Management Game?
8:47am on Monday 18th of August, 2025 AEST
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Travel & Leisure
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How Will EVT’s $74M Pro-invest Deal Transform Its Hotel Management Game?
8:47am on Monday 18th of August, 2025 AEST
Key Points
Launch of EVT Connect Hospitality, a third-party hotel brand management model
Acquisition of Pro-invest Hotels with 15 long-term management agreements
Portfolio includes ~3,200 rooms across Australia and New Zealand
Estimated incremental annual EBITDA contribution of $8-$9 million
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