At a glance
- Company
- EVT Limited
- Announcement
- Acquisition
- Location
- Australia and New Zealand
Key figures
- Hotels under management in EVT Connect Hospitality
- 15 hotels
- Rooms under management in EVT Connect Hospitality
- 3,200 rooms
- Properties in EVT Independent Collection
- 20 properties
- Hotel investment funds holding the 15 hotels
- three
- Troy Cuthbertson's industry experience
- more than 30 years
People
- Jane HastingsCEO, EVT
- Mathew DuffEVT Director of Commercial and Connect Hospitality
- Troy CuthbertsonGeneral Manager of Operations, EVT Connect Hospitality
Products and programs
Making EVT the second largest Hotel Operator across Australia and New Zealand
December 2, 2025 -- EVT Limited today announced the successful completion of its Pro-invest Hotels (PIH) acquisition, marking the official launch of EVT Connect Hospitality, and cementing EVT’s status as the second largest hotel operator in Australia and New Zealand.
EVT has a committed hotel growth strategy anchored on three strategic pillars:EVT Owned Brands – Expansion through QT, Rydges, Atura and LyLo owned brands via key city hotel ownership and asset light management solutions across Australia, New Zealand and expanding into Southeast Asia.
- EVT Owned Brands – Expansion through QT, Rydges, Atura and LyLo owned brands via key city hotel ownership and asset light management solutions across Australia, New Zealand and expanding into Southeast Asia.
- EVT Independent Collection – EVT can create independent brands for asset owners that seek to retain ownership of brand IP while leveraging EVT’s extensive experience, now spanning 20 properties.
- EVT Connect Hospitality – Hotel owners can now leverage EVT’s expansive capabilities combined with a third-party hotel brand franchise to deliver above market performance. The successful completion of the Pro-invest deal means that this pillar for growth now has 15 hotels and 3,200 rooms under management.
CEO EVT, Jane Hastings commented “Today, the official launch of EVT Connect Hospitality, seeded by the successful completion of the Pro-invest Hotels acquisition, marks another significant milestone in our hotel’s growth strategy, a priority for our Group. We welcome the Pro-invest Hotels team to EVT and have confidence in a bright future for this growth pillar under the leadership of Mathew Duff, EVT Director of Commercial and Connect Hospitality.”
EVT Director of Commercial and Connect Hospitality, Mathew Duff commented, “EVT Connect Hospitality has been designed to power third-party brand performance in our markets. An asset owner can now choose to franchise a third-party hotel brand and boost performance by leveraging EVT’s local and extensive expertise to ensure long-term success for our partners. We aim to set a new benchmark for third-party management in Australasia. We are pleased to have appointed Troy Cuthbertson, a well-respected EVT hotel operator with more than 30 years’ experience in the industry, as our General Manager of Operations”.
From IT investment to sustainability initiatives, developing the best frontline team members through to award winning culinary talent, EVT will elevate EVT Connect Hospitality to deliver above market results while providing enhanced value and flexibility for every type of hotel owner.
Pro-invest Group will retain asset management responsibilities for the 15 hotels owned by the three hotel investment funds via its fund management platform.
For more information, visit EVT Connect Hospitality
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In brief
EVT Limited says it has completed its acquisition of Pro-invest Hotels and launched EVT Connect Hospitality, a third-party hotel management offering. The company says the acquisition gives the new division 15 hotels and 3,200 rooms under management, and makes EVT the second-largest hotel operator in Australia and New Zealand. EVT Connect Hospitality will allow hotel owners to use EVT’s operational expertise alongside a third-party hotel brand franchise. The company describes the launch as one part of its hotel growth strategy, which also includes expansion of its QT, Rydges, Atura and LyLo brands and independent collections. EVT appointed Troy Cuthbertson as General Manager of Operations. Pro-invest Group will continue managing the assets of the 15 hotels owned by three hotel investment funds.
Key takeaways
- EVT says it completed the Pro-invest Hotels acquisition and launched EVT Connect Hospitality.
- The new division has 15 hotels and 3,200 rooms under management, according to EVT.
- Hotel owners can pair a third-party brand franchise with EVT’s management capabilities.
- Pro-invest Group will retain asset management responsibilities for hotels held by three investment funds.