EVT completed the acquisition of Pro-invest Hotels.

EVT, a company which operates cinemas, hotels, restaurants and resorts in Australia, New Zealand and Germany, completed the acquisition of Pro-invest Hotels, a hotel management platform enabling investors to benefit from international brands through a franchise relationship. Financial terms were not disclosed. “Our goal has always been to deliver high-quality, resilient assets that meet the evolving needs of modern travellers and investors alike. We will continue to focus on hotel asset management while expanding in the rapidly growing sectors of flex living, BTR, and mixed-use developments," Ronald Barrott, Pro-invest Group Founder and Chairman.