NEW YORK—Highgate introduced that it has assumed administration of the Joule in Dallas and Le Meridien Central Park in New York Metropolis and might be managing the upcoming Amrit Ocean Resort in Singer Island, Monterey Seashore Resort, and the redevelopment of the Bellevue Resort Philadelphia, which can all open in 2024.
Over the past two years, Highgate has welcomed properties together with The Joseph Inns, situated in Nashville and Columbus, The Elser Resort Miami, Romer Neighborhood Inns in New York Metropolis and Waikiki, and continues to broaden globally into worldwide markets with Resort Saint and Grosvenor Home Suites in London, and Palacio del Inka, Resort Paracas and Tambo del Inka—three Luxurious Assortment Inns/Resorts in Peru in addition to Cascade Wellness Resort in Lagos, Portugal. With the newly introduced additions to the portfolio, Highgate is now working over 8,100 keys on this class with one other 1,500 keys below growth.
Highgate will convey to every resort its institutional administration platform; income and distribution methods; advertising, programming, and positioning capabilities; and crew. Highgate additionally brings capabilities via its in-house design and development studio, LUCID, in addition to its meals and beverage division, TableOne Hospitality, a partnership with Chef Michael Mina and restaurateur, Patric Yumul. Highgate’s Advertising and Artistic Group guides its unbiased properties via your entire resort lifecycle.
“The continued growth of our luxurious way of life portfolio is a mirrored image of a concerted effort to construct one of the best crew within the trade to function world-class accommodations, create unparalleled experiences for visitors, and ship distinctive returns for homeowners,” mentioned Highgate CEO Arash Azarbarzin. “As we look forward to 2024 and past, we anticipate extra thrilling information to share.”
The expansion of Highgate’s luxurious and way of life 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 resort manufacturers. He’ll oversee the division, supported by Jeff Toscano, govt vice chairman of luxurious and way of life.
Highgate’s present portfolio on this phase features a assortment of properties, corresponding to The Newbury Boston, Park Lane New York, The Knickerbocker, Modernhaus, The Marker Key West, Resort Figueroa in Los Angeles, and Alohilani Resort Waikiki Seashore.