360 Capital Group Acquires 70% Interest in Hotel Capital Partners for hotel debt and equity mandates

360 Capital Group has purchased a 70% interest in Hotel Capital Partners

Hotel Capital Partners was established in 2000 by Stephen Burt as a specialist hotel investor utilising third party capital to invest in hotels, hotel debt and management companies across the full spectrum of hotel classifications from limited service through to luxury.

Stephen has now joined the 360 Capital Group as joint venture partner and Managing Director of Hotel Capital Partners.

The Group is starting to see significant opportunities in the hotel sector and by partnering with Stephen, 360 Capital believe HCP has the opportunity to build a significant hotel investment and operational platform.

Tony Pitt, Group Managing Director said, “I have known Stephen for over 20 years and having worked with him on the acquisition and growth of the Travelodge Portfolio back in 2005, as well as witnessing HCP growing several hotel platforms over the past 20 years under his stewardship. We are excited to have the opportunity to partner with Stephen in rebuilding and capitalising on various hotel opportunities going forward”.

Stephen has worked in the hotel industry for over 30 years in the fields of hotel agency, hotel investment and hotel management. He was a co-founder in Australia of what is now JLL Hotels & Hospitality Group and CEO of
Colliers Hotels Asia Pacific. As one of Australia’s leading hotel brokers he transacted in excess of $4.0 billion in hotel sales.

In the field of hotel investment Stephen established and developed at James Fielding and Mirvac, Australia’s largest dedicated hotel funds management platform involving listed funds (two) and wholesale funds (two). The funds collectively comprised twenty-seven hotels with a gross value in excess of $1.0 billion.

Stephen’s experience in hotel management has involved CEO roles for Radisson Asia Pacific and Mirvac Hotels & Resorts. He was Chairman of Singapore based, Travelodge Hotels Asia which upon his appointment in 2016 grew from a start up to a portfolio of twenty existing and pipeline hotels in Hong Kong, Thailand, Indonesia, Malaysia, Korea and Vietnam.