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Highgate Expands Its Luxury Portfolio with the Inclusion of Five New Properties.

Highgate Adds Five Properties to Its Luxury Portfolio

Highgate has recently taken over the management of The Joule in Dallas and Le Meridien Central Park in New York City. Additionally, the company is set to manage the upcoming Amrit Ocean Resort in Singer Island, Monterey Beach Hotel, and the redevelopment of the Bellevue Hotel Philadelphia, all slated to open in 2024.

Over the past two years, Highgate has expanded its portfolio with the inclusion of various properties, including The Joseph Hotels in Nashville and Columbus, The Elser Hotel Miami, Romer Neighborhood Hotels in New York City and Waikiki. On the global front, Highgate has made strides in international markets, incorporating Hotel Saint and Grosvenor House Suites in London, and Palacio del Inka, Hotel Paracas, and Tambo del Inka—three Luxury Collection Hotels/Resorts in Peru, along with Cascade Wellness Resort in Lagos, Portugal. The recent additions bring Highgate’s total keys in this category to over 8,100, with an additional 1,500 keys currently under development.

Highgate Expands Its Luxury Portfolio with the Inclusion of Five New Properties.

Highgate Expands Its Luxury Portfolio with the Inclusion of Five New Properties. (Credits: PR Newswire)

Each hotel under Highgate’s management will benefit from the company’s institutional management platform, revenue and distribution strategies, marketing, programming, and positioning capabilities. Highgate will also leverage its in-house design and construction studio, LUCID, and its food and beverage division, TableOne Hospitality, a collaboration with Chef Michael Mina and restaurateur Patric Yumul. The Marketing and Creative Group at Highgate will guide its independent properties throughout the entire hotel lifecycle.

Arash Azarbarzin, CEO of Highgate, stated, “The continued expansion of our luxury lifestyle portfolio is a reflection of a concerted effort to build the best team in the industry to operate world-class hotels, create unparalleled experiences for guests, and deliver exceptional returns for owners. As we look ahead to 2024 and beyond, we anticipate more exciting news to share.”

The growth of Highgate’s luxury and lifestyle division follows the appointment of Arash Azarbarzin as CEO in 2022, who brings over 40 years of leadership experience with luxury hotel brands. Azarbarzin will oversee the division, supported by Jeff Toscano, executive vice president of luxury and lifestyle.

Highgate’s current portfolio in this segment includes a collection of distinguished properties such as The Newbury Boston, Park Lane New York, The Knickerbocker, Modernhaus, The Marker Key West, Hotel Figueroa in Los Angeles, and Alohilani Resort Waikiki Beach.

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