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Highgate introduced at present that it has assumed administration of the landmark Joule in Dallas and Le Meridien Central Park in New York Metropolis and will probably be managing the upcoming Amrit Ocean Resort in Singer Island, Monterey Seashore Lodge and the redevelopment of the Bellevue Lodge Philadelphia, which can all open in 2024.
With Highgate’s confirmed monitor file working a various portfolio of legacy manufacturers and impartial resorts and resorts, the Firm is actively bringing its 30+ years of hospitality management to the luxurious life-style sector. Over the past two years, Highgate has welcomed properties together with: The Joseph Accommodations, situated in Nashville and Columbus, The Elser Lodge Miami, Romer Neighborhood Accommodations in New York Metropolis and Waikiki, and continues to develop globally into vital worldwide markets with Lodge Saint and Grosvenor Home Suites in London, and Palacio del Inka, Lodge Paracas and Tambo del Inka – three Luxurious Assortment Accommodations/Resorts in Peru in addition to Cascade Wellness Resort in Lagos, Portugal. With the newly introduced additions to the portfolio, Highgate is now working 8,100+ keys on this premier class with one other 1,500 keys below growth.
Highgate will convey to every lodge its institutional administration platform, proprietary income and distribution methods, distinctive advertising, programming, and positioning capabilities, and best-in-class staff. Highgate additionally brings vital value-add capabilities via its in-house design and development studio, LUCID, in addition to its meals and beverage division, TableOne Hospitality, a partnership with famend Chef Michael Mina and restaurateur, Patric Yumul. Highgate’s Advertising and marketing and Artistic Group guides its impartial properties via the complete lodge lifecycle — whether or not from the bottom up, or to bolster the efficiency of established resorts. This suite of dynamic choices and experience has lately catapulted Highgate right into a place of management inside the luxurious life-style house.
The continued growth of our luxurious life-style portfolio is a mirrored image of a concerted effort to construct the perfect staff within the {industry} to function world class resorts, create unparalleled experiences for visitors and ship distinctive returns for house owners. As we look forward to 2024 and past, we anticipate extra thrilling information to share. Highgate CEO Arash Azarbarzin
The expansion of Highgate’s luxurious and life-style division comes on the heels of the appointment of Arash Azarbarzin to CEO in 2022, who brings greater than 40 years of management expertise with luxurious lodge manufacturers. He’ll oversee the division, supported by Jeff Toscano, Govt Vice President of Luxurious and Life-style, a acknowledged {industry} knowledgeable in creating revolutionary and impactful lodge ideas.
Highgate’s present portfolio on this key phase contains an award-winning assortment of various properties, equivalent to The Newbury Boston, Park Lane New York, The Knickerbocker, Modernhaus, The Marker Key West, Lodge Figueroa in Los Angeles, and Alohilani Resort Waikiki Seashore.
About Highgate
Highgate is a number one world actual property funding and hospitality administration firm widely known as an innovator within the {industry}. Highgate is the dominant participant in main U.S. gateway cities together with New York, Boston, Miami, San Francisco and Honolulu, with a rising footprint in Europe, the Caribbean and Latin America. The hospitality ahead firm gives knowledgeable steerage via all levels of the property cycle, from planning and growth via recapitalization or disposition. Highgate has a confirmed file of creating its various portfolio of bespoke life-style lodge manufacturers, legacy manufacturers, and impartial resorts and resorts with up to date programming and digital acumen. The corporate makes use of industry-leading income administration instruments that effectively establish and predict evolving market dynamics to drive outperformance and maximize asset worth. With an govt staff consisting of a number of the most skilled lodge administration leaders, the corporate is a trusted companion for high possession teams and main lodge manufacturers. Highgate maintains company places of work in New York, Dallas, Los Angeles, Miami, Seattle, Waikiki, London and Lisbon. www.highgate.com.
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