IHG appointed Steve Carroll as the company's new SVP of capital investments and transactions, EMEAA and Greater China, effective immediately.
In his new role, Carroll will be responsible for asset management, including dispositions, restructurings and actively managing investment positions, with a focus on IHG’s Europe, Middle East, Asia, Africa and Greater China regions. He will continue to work with IHG’s development teams to drive growth through the company’s "strategic approach" to M&A and capital transactions, as well as with IHG’s Americas team to take advantage of cross-regional opportunities and capital flows.
Promoted from VP/global capital investments and transactions, Carroll will relocate to IHG’s global headquarters near London and will retain his current global responsibility for growing the company’s most recently acquired luxury brands, Six Senses Hotels Resorts Spas and Regent Hotel & Resorts. He will join both IHG’s global finance, procurement and strategy and EMEAA leadership teams.
Carroll has been with IHG for more than five years, having rejoined the business in 2014 as VP/corporate finance, acquisition and mergers. Originally based in Singapore, Carroll moved to Atlanta in 2017 to enhance strategic growth initiatives in the Americas. He has worked on numerous global strategic initiatives, including the acquisition of Six Senses Hotels Resorts Spas and Regent Hotel & Resorts, helping to expand IHG’s luxury portfolio. Carroll also led the 2015 sale and rebranding of the InterContinental Hong Kong, which will become a Regent hotel in 2021.
Before rejoining IHG, Carroll spent a combined 10 years as regional director at LaSalle Investment Management in Singapore and as investment manager for The GPT Group in Sydney, investing in hospitality assets across Australia and Asia.