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New York & Tri-State  + National  + Hospitality  | 
New York-Based Hotel Manager Highgate in Major South America Expansion

New York-Based Hotel Manager Highgate in Major South America Expansion

New York-based hotel management and developer Highgate is expanding  into South America by taking over management of a portfolio of six hotels in Peru, Highgate announced.

Owned by Urbanova, one of Peru’s most prominent real estate groups, the deal expands Highgate’s portfolio in the Caribbean and Latin America, CALA, marketplace to a total of 26 hotels and resorts, making Highgate one of the largest hospitality management companies in this sought-after region.

To oversee the CALA portfolio, which spans 13+ countries including 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 Luxury and Lifestyle Operations.

Highgate, which also is a developer of hotel technology platforms,  brings to the CALA market its management approach, using technology know-how that marries local culture with global experience, insight and scale, the company said.

The Peru portfolio is comprised of Marriott branded properties in top locations. They include Palacio del Inka Hotel, a Luxury Collection Hotel in Cusco, Tambo del Inka, A Luxury Collection Resort in Urubamba, Hotel Paracas, A Luxury Collection Resort, Aloft Lima Miraflores, AC Hotel Lima Miraflores and the Westin Lima Hotel & Convention Center.

“Our search for a management firm drew a fiercely competitive field of prospective partners, but we knew that Highgate offered an owner-centric perspective and standard of excellence that is unparalleled,” said Hugo Desenzani, CEO of Urbanova. “Our unique assets and fantastic talent – under the management and leadership of Highgate – will deliver incredible results and raise the hospitality bar in the region.”

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About Ted Jackson

A highly successful financial journalist, corporate financial writer and magazine entrepreneur with strong expertise in writing on fixed income and pass-through securities (ABS), finance and banking, the economy, economic developments, financial markets, investing and personal finance, the business of behavioral healthcare and more.

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