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Crowe UK and Horwath HTL have appointed Joe Stather as managing director of Horwath HTL UK.
Horwath HTL UK is a business unit of Crowe UK which provides strategic support to owners and operators of hospitality businesses in the UK and worldwide.
Stather joins the group from Questex, where he was vice president, market leader – operational real estate.
Prior to that he spent eight years working advising on hospitality real estate at CBRE, where he rose to the position of director.
It is hoped that he will draw on his experience in the hospitality sector to build on the company’s position as an impartial, client-first advisor, with a focus on strategic advisory, due diligence, development and urban regeneration in the UK.
Stather said: “Hospitality, tourism and leisure are coming to the fore as the capital markets rebalance risk and increasingly understand the sector’s exceptional long-term demand fundamentals, attracting informed investors. Horwath HTL is a pure, independent advisor, where owners and investors can be reassured that we are putting their objectives first.
“We are fortunate to be able to draw on the multidisciplinary skills of our colleagues at Crowe; covering risk, tax, audit, corporate finance, deal structuring. These are overlaid with our knowledge in the hospitality, tourism and leisure space, helping us offer truly holistic due diligence.”
He added: “We want to be champions of the UK and, as our sector moves into the mainstream as an asset class, domestic and overseas investors who partner with experienced advisors are enjoying strong returns.
“We believe that hospitality, tourism, leisure can play a pivotal role in the regeneration of towns and cities, elevating the UK’s appeal to tourists, and supporting regional and local authorities as they diversify their finances and build economies for sustained prosperity.”
