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HIGHGATE TO OPERATE AWARD-WINNING PORTFOLIO OF HOTELS IN PERU

Transaction Solidifies Highgate as a Main Hotel Manager in the Caribbean and Latin American (CALA) Region Across Branded and Independent Motels

NEW YORK, March 15, 2022 /PRNewswire/ — Highgate, a top lodge management, expenditure, know-how, and enhancement organization, announced currently the Firm’s start into South The united states by using about management of a portfolio of six motels in Peru, owned by Urbanova – one particular of Peru’s most notable actual estate teams. The deal expands Highgate’s portfolio in the Caribbean and Latin The usa (CALA) to a full of 26 lodges and resorts, producing it just one of the greatest hospitality administration providers in this sought-following region.

Palacio del Inka, a Luxury Collection Hotel, Cusco

Palacio del Inka, a Luxurious Selection Lodge, Cusco

Highgate provides to the CALA sector a finest-in-course administration strategy, employing impressive technological know-how and palms-on in-sector sources with a one of a kind standpoint that marries regional lifestyle with global encounter, insight and scale.

The Peru portfolio is comprised of Marriott branded attributes in irreplicable destinations rated ideal-in-course in just their respective manufacturers. They include things like Palacio del Inka Resort, a Luxurious Assortment Resort in Cusco, Tambo del Inka, A Luxury Collection Vacation resort in Urubamba, Resort Paracas, A Luxurious Selection Resort, Aloft Lima Miraflores, AC Lodge Lima Miraflores and the Westin Lima Resort & Conference Middle.

These houses join Highgate’s latest CALA portfolio, which includes a assorted collection of inns and resorts together with: The Ocean Club, a Luxury Selection Vacation resort in Costa Norte, Dominican Republic, AC San Juan, Aloft Tulum in Mexico, Acoya Curaçao Vacation resort, the BRIX resort, an Autograph Assortment hotel in Port of Spain, Trinidad and the ROK resort, a Tapestry Selection lodge in Kingston, Jamaica. Previously this yr, Highgate also introduced that it had obtained and assumed administration of the Embassy Suites by Hilton San Juan Lodge & Casino.

To oversee the CALA portfolio, which spans 13+ nations around the world such as Aruba, Belize, Curacao, Dominica, Dominican Republic, Jamaica, Mexico, Peru, Puerto Rico, St. Lucia, Trinidad and Turks and Caicos, Highgate appointed Marco A. Selva, who recently joined as Senior Vice President of Luxurious and Life-style Operations.

“We are honored to be awarded the management of Urbanova’s prestigious portfolio,” reported Arash Azarbarzin, CEO of Highgate. “There is an massive chance for advancement through Peru and we glance forward to tailoring our hospitality style, activations and very best-in-course revenue management to the requires of each location. With Marco at the helm of these types of an excellent workforce and lodge collection, we will create a new normal for hospitality administration in the region. Tourists across the planet are ever more drawn to the elegance and cultural vibrancy of the Caribbean and Latin America, and Highgate will be at the centre of the enhancement of these globe-course locations.”

“Our search for a administration agency drew a fiercely aggressive area of future partners, but we realized that Highgate supplied an operator-centric perspective and standard of excellence that is unparalleled,” explained Hugo Desenzani, CEO of Urbanova. “Our special assets and amazing talent – underneath the management and leadership of Highgate – will produce amazing final results and elevate the hospitality bar in the location.”

About Highgate

Highgate is a leading genuine estate investment and hospitality administration firm widely identified as an innovator in the industry. Highgate is the dominant participant in main U.S. gateway towns such as New York, Boston, Miami, San Francisco and Honolulu, with a expanding footprint in Europe, the Caribbean and Latin America. The hospitality ahead business delivers pro guidance through all phases of the property cycle, from scheduling and enhancement through recapitalization or disposition. Highgate has a verified file of establishing its diverse portfolio of bespoke way of life lodge brands, legacy brands, and independent lodges and resorts with present-day programming and electronic acumen. The company utilizes industry-foremost earnings administration equipment that competently identify and predict evolving market dynamics to travel outperformance and optimize asset worth. With an govt team consisting of some of the most professional resort administration leaders, the organization is a dependable associate for major possession teams and main resort manufacturers. Highgate maintains corporate offices in New York, Dallas, London, Miami, Seattle and Waikiki. www.highgate.com.

About Urbanova

Urbanova is a Peruvian Genuine Estate team with somewhere around $2bn of Belongings Underneath Administration. Its irreplicable portfolio in high quality areas mix more than 170,000 Sq ft of key office buildings, 5 shopping malls, the country’s most effective hotel portfolio, and a broad landbank to be designed. Leveraging on its means to create and function a number of asset courses, as nicely as an unparalleled community current market information, Urbanova has formulated two clusters exactly where Peruvians go to stay, work and play. Its affiliate Intursa owns 9 resorts all through Peru, which include iconic city inns such as the Westin Lima and JW Lima, luxury resorts in remote locations, historic accommodations in Cuzco and a life style choose-service motels in lively city boroughs. Urbanova Inmobiliaria

Hotel Paracas, a Luxury Collection Hotel

Hotel Paracas, a Luxurious Selection Lodge

The Westin Lima Hotel & Convention Center

The Westin Lima Lodge & Conference Center

Urbanova Logo

Urbanova Symbol

Highgate Logo (PRNewsfoto/Highgate)

Highgate Emblem (PRNewsfoto/Highgate)

Cision

Cision

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Source Highgate