As the first news aggregate for the hotel industry, Hotel-Online is the industrys must-read daily news source for everything hotel curated for busy professionals. Highgate has a 30-year track record as an investment manager, operating partner, and developer for REITs, private equity firms, sovereign wealth funds, high net worth individuals, and other institutional investors. Book now through July 31, 2023 for savings on stays through September 10, 2023. Highgate. NEW YORK, Dec. 15, 2022 /PRNewswire/ -- An affiliate of the Principals of Highgate announced today that it has entered into a definitive agreement to purchase Viceroy Hotels & Resorts (Viceroy). Highgate maintains corporate offices in New York, Dallas, London, Miami, Seattle, and Waikiki. It is owned by Highgate and Oyo Hotels & Homes, and its casino is operated by Paragon Gaming. It has about 90,000 rooms under management. Further, through powering Viceroy with a proprietary relationship with Highgates operating company, and imparting the benefits of Highgates scale, we will be able to provide significant incremental value to associates, guests, owners and partners., We look forward to working with the Viceroy team to add visible and impactful hotels to the platform, and cement Viceroy as one of the most noteworthy luxury lifestyle hotel brands in the industry, continued Russo. Highgate has 560 hotels in its network, including 420 select-service brands, including ones branded LaQuinta by Wyndham. This communication is not a substitute for any proxy statement or other document that CorePoint may file with the SEC in connection with the proposed transaction. New York, Paul moved to Hawaii in 2000 and began his career at Rider Levett Bucknall, a construction consulting firm. Most notably, Kristi opened the iconic W Hollywood Hotel & Residences and later joined the team at W South Beach Hotel & Residences. The hotel is also close to H. Lee Moffitt Cancer Center & Research Institute, Shriners Hospitals for Children, PepsiCo, and the Yuengling Brewing offices. Prior to joining Highgate Hotels, Geri held a range of senior human resources leadership positions with several hospitality-based businesses, including Wyndham Worldwide and Hilton Hotels. A native of Boston, Brian graduated from the University of Massachusetts, Amherst with a Bachelor of Science degree in Hotel Management. Highgate, led by co-chairmen Mahmood Khimji and Mehdi Khimji, has more than 87,000 hotel rooms under management across the U.S., Latin America, the Caribbean and Europe, according to the. With a particular focus in hospitality real estate, Highgates portfolio includes over 500 owned and/or managed hotels comprising over 84,000 rooms across the United States, Europe, Latin America, and the Caribbean. Prior to joining Highgate, Kerry has held property, regional and corporate Revenue Management positions throughout Manhattan with the Melrose Hotel Company and the Camberly Hotel Company. Nicole is an American and Swiss citizen, born in Iran and raised in Colombia. Mehdi formerly served on the Board of Directors for the Vancouver General Hospital and University of British Columbia Hospital Foundation. Forward-looking statements are made based upon managements current expectations and beliefs and are not guarantees of future performance. Aside from her day job, Kerry has been an adjunct professor at New York Universitys Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management for 20 years where she teaches graduate students in the classes that pertain to the discipline of Revenue Management. , , , , , , . . In addition, she spent over seven years with distinguished retail service organizations including May Company and the Federated Organization. He joined Highgate after a successful career as a Senior Analyst with Rockbridge during their peak hotel investment period and began his career with Choice Hotels. GF currently operates over 130 individual hospitality entities, representing over 20,000 guest rooms. Rob leads the organizational growth and operational execution of Highgates Select Service division. Geri holds a Bachelor of Arts degree in Business Management/Administration from Gordon University. Prior to Highgate, he was with Morgans Hotel Group, where he ran various asset management functions for MHG including asset sales and operational enhancement reviews. The Viceroy brand debuted in 2000 with the launch of Viceroy Santa Monica and has evolved into a portfolio of hotels and resorts in iconic destinations such as St Lucia, Chicago, Los Cabos and Snowmass. Ankur joined Highgate in 2003 and was integral in the development of Highgates proprietary revenue management, distribution and electronic marketing functions. Paul originally joined Highgate in 2014 as Vice President of Construction, overseeing all Hawaii and West Coast based projects. The company's portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio Collection by HiltonTM, DoubleTree by Hilton, Tapestry Collection by HiltonTM, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton and Hilton Grand Vacations. The transaction is expected to close in early 2023. He received a Bachelor of Science Degree from Purdue University Hotel Management & Finance and also studied Culinary Arts at the University of Strasbourg, France. Kerry Mack is the Executive Vice President of Revenue & Distribution for Highgate Hotels. Prior to joining Highgate Hotels in 2003, Ankur worked at Taj Hotels, Resorts & Palaces and McKinsey & Company. For over thirty years, Highgate has been the premier investment and operating partner of hospitality assets. In 2004 she received an award for Highest RevPAR Growth in North America at the SRS World Hotel Conference and in 2008 she received the Revenue Management Professional of the Year award from the Big Apple Chapter of HSMAI. This website uses cookies. Sarve earned her M.B.A from NYU Stern School of Business with specializations in Real Estate and Corporate Finance and holds a B.A. Operator of a hospitality investment and management company intended to serve the hotel industry. Before joining Highgate in 2021, Kristi oversaw both New York City and Boston markets for Four Seasons as Senior Director of Public Relations & Communications. During his time with Highgate, Tom had oversight over a diverse portfolio of hotels including Marriott, Hilton, Hyatt and IHG branded full and select service hotels, as well as independent, full service and resort properties. Hilton Honors members who book directly through preferred Hilton channels have access to instant benefits, including a flexible payment slider that allows members to choose nearly any combination of Points and money to book a stay, an exclusive member discount that cant be found anywhere else, free standard Wi-Fi and digital amenities like digital check-in with room selection and Digital Key (select locations), available exclusively through the industry-leading Hilton Honors app. Additionally, Mr. Khimji serves on the Board of Visitors for Columbia Law School. Owned by Highgate and managed by InnVentures, Inc. Home2 Suites by Hilton Tampa USF Near Busch Gardens offers all-suite accommodations with fully equipped kitchens and modular furniture, providing guests the flexibility to customize their suite to their style and preference. Toscano originally joined Highgate in 2011 specializing in new hotels, from acquisition, design and construction and branding and marketing to hotel openings and asset stabilization. 10019, Copyright 1998-2023 Hospitality Online, Inc. |, Residence Inn Phoenix Chandler/Fashion Center, SpringHill Suites Phoenix Chandler/Fashion Center, Four Points by Sheraton Phoenix South Mountain, Holiday Inn & Suites Phoenix Airport North, Hampton Inn & Suites Scottsdale/Riverwalk, Hyatt Regency San Francisco Downtown SOMA, Fairfield Inn & Suites by Marriott Key West at The Keys Collection, Hilton Garden Inn Key West / The Keys Collection, The Gates Hotel South Beach - A DoubleTree by Hilton, Residence Inn Atlanta Duluth/Gwinnett Place, SpringHill Suites by Marriott Manchester-Boston Regional Airport, Courtyard New York Manhattan/Upper East Side, DoubleTree by Hilton Hotel Metropolitan - New York City, DoubleTree Suites by Hilton Hotel New York City - Times Square, Hilton Garden Inn New York/Times Square Central. Jason joined Highgate in 2020 and brings to Highgate a wealth of industry-related experience, having most recently spent over two years with Crescent Hotels & Resorts, as the Senior Vice President of Business Development, leading the business development team and personally generating over $200M in new revenue under management, with a focus on premium full service, branded and lifestyle hotels. Located at 11606 North McKinley Drive, Home2 Suites by Hilton Tampa USF Near Busch Gardens offers guests convenient access to University of South Florida, Busch Gardens Tampa Bay and Adventure Island. Mr. Khimji attended the University of British Columbia, holds a B.A., summa cum laude, from the University of Houston and a J.D. in Sociology and certificates in Business and Management. While at Citi, Zach worked on public debt and equity raises, and M&A transactions involving REITs, lodging operators and real estate private equity funds. Since its formation, GF Hotels & Resorts has managed over 750 hospitality assets in 46 states. Greene then took his experience at ZaZa to Starwood Hotel & Resorts as Senior Director of New Builds & Conversions for W Hotels Worldwide, where he opened the iconic W Dallas Victory, which featured the first residences under the W brand. Richards 20 years of hotel industry experience includes the last seven years with Highgate where he has been responsible for spearheading the firms business development efforts. With a particular focus in hospitality real estate, Highgate's portfolio includes over 500 owned and/or managed hotels comprising over 84,000 rooms across the United States, Europe, Latin America . Paul re-joined Highgate in 2020 as the Executive Vice President of Design and Construction, overseeing all aspects of the companys Design and Construction division. For Business Development opportunities, contact Jason at: Matt joined Highgate in 2011 and is adept at underwriting and analyzing complex portfolios, seasonal resorts, lifestyle urban hotels, and mixed-use developments. About us Highgate is a premier hospitality investment and management company widely recognized as an innovator in the industry. . Sign up today for industry news delivered to your inbox. Upon graduation, he articled with a public accounting firm in Canada and earned his CA. Home2 Suites by Hilton Tampa USF Near Busch Gardens is pet-friendly. He is responsible for the delivery of both product and service quality in accordance with the hotels profitability goals. Prior to joining Highgate in 2019, Mr. Batta served as Sr. Vice President of Operations, at MCR where he led the operations for all of MCRs independent full-service hotels across the country, including the 60-room The High Line Hotel in Manhattans Chelsea neighborhood and the 512-room TWA Hotel at New Yorks John F. Kennedy International Airport. The Company separately released its financial results for the third quarter this morning. In this role, he will collaborate with Highgates Co-Founders and Principals to build upon the companys culture while expanding relationships with esteemed industry partners. Gopu recently relocated back to NY after a 5-year stint in UK/EU where he assisted in setting up Highgates London office & oversaw Revenue & Distribution for Highgates EU portfolio. Mr. Khimji is on the Board of Directors of Sagicor Financial Corporation, Playa Hotels & Resorts, and American Hotel Income Properties and is a member of the Young Presidents Organization (YPO) and the Real Estate Forum. Previously, he served as Highgates COO for 20 years where he was responsible for implementing operating cost controls and effective operating budget management techniques, operational execution of the portfolio, organizational growth and managing a world class team. Copyright 2019 | Hotel-Online.com | All Rights Reserved, Highgate Enters Agreement to Acquire Viceroy Hotels & Resorts, IDeaS Announces a New Partnership With Starhotels. Previously, Rob was the Chief Operating Officer of Campus Crest Group (NYSE: CCG), the second largest student housing company in the world. , Yahoo, Yahoo. INVESTORS AND SECURITY HOLDERS OF COREPOINT LODGING INC. ARE URGED TO READ THE PROXY STATEMENT AND OTHER DOCUMENTS THAT MAY BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. from Columbia Law School. For more information, visit our. There can be no assurances that any additional consideration will be received by the Companys stockholders. Take advantage of Summer savings in Memphis with our special exclusive offer of 20% off. Home2 Suites by Hilton, one of the fastest-growing brands in the history of Hilton, is a mid-tier, all-suite award-winning extended-stay hotel concept designed to offer stylish accommodations with flexible guest room configurations and inspired amenities for the cost-conscious guest. This deal will accelerate our momentum, and solidify our position as the leading modern luxury lifestyle brand in our space, stated Bill Walshe, CEO of Viceroy. She is also a member of HSMAI and was on the Board of Directors in 2007 to help jumpstart the Special Interest Group for Revenue Management in the Big Apple Chapter. Best & Black-Owned Ivy Hotel (Baltimore) This beautifully restored 19th-century mansion is an elevated boutique hotel with 17 unique rooms, located in the heart of Baltimore's cultural epicenter . Most recently, she was honored in 2017 as one of HMSAIs Top 25 Extraordinary Minds in Hospitality Sales, Marketing, Revenue Optimization. As Principal, Steve is focused on turnaround strategies for distressed and under-performing hotel properties, including the oversight of over $2 billion dollars in renovation and repositioning programs. With a particular focus in hospitality real estate, Highgate's portfolio includes over 500 owned and/or managed hotels comprising over 84,000 rooms across the United States, Europe, Latin America . in Business Marketing from Marist College. Mikes contributions to the industry extend beyond his professional roles. In addition, she is currently serving on the Greater Boston Convention and Visitors Bureau branding committee. Enjoy great savings! In his role as Principal, Rich is focused on identifying new conversion opportunities, leading the due diligence and site selection process, sourcing debt and equity partners, and negotiating long term management agreements. The transaction is expected to close in the first quarter of 2022, subject to the approval of CorePoints stockholders and the satisfaction of other customary closing conditions. Highgate Hotels is a top three independent operator of full-service hotels in the US and largest operator of hotels in New York City. New York, NY - February 27, 2020 - Highgate, a leading real estate investment and hospitality management company, announced today that it has acquired Heavlin Management Company, LLC ("HMC"), a hotel management company with over 30 years of operating experience headquartered in Chandler, Arizona. and other third-party hotel managers and franchisors; covenants in our hotel management and franchise agreements that limit or restrict the sale of our hotels; risks posed by our disposition activities, including our ability to contract with qualified buyers and the risk that purchasers may not have the access to capital or meet other requirements; risks resulting from significant investments in real estate; cyber threats and the risk of data breaches or disruptions of technology information systems; the growth of internet reservation channels; disruptions to the functioning or transition of the reservation systems, accounting systems or other technology programs for our hotels, and other technology programs and system upgrades; and our substantial indebtedness, including restrictions imposed on our ability to access our cash. Donald Trump's revised financial disclosure showed $284.5 million in income from his Washington, D.C. hotel sale to CGI Merchant Group. Although it is believed that the expectations reflected in such forward-looking statements are reasonable and are expressed in good faith, such expectations may not prove to be correct and persons reading this communication are therefore cautioned not to place undue reliance on these forward-looking statements, which speak only to expectations as of the date of this communication. Sarve has held previous roles with JLLs Hotel Investment Banking team, Tishman Speyer and RealFoundations. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. Highgate is the industry-leading hotel management, investment, technology, and development firm, with a diverse portfolio of hotels. , . Industry: Hotels & Resorts. A New York City native, Kerry holds a Bachelor of Science Degree in Hotel Management from New York University. With a particular focus in hospitality real estate, Highgate's portfolio includes over 500 owned and/or managed hotels comprising over 84,000 rooms across the United States, Europe, Latin America . As Chief Digital Officer, Mike leads Highgates technology initiatives, identifying emerging trends, evaluating new opportunities, and guiding strategic decisions. Ankur received a Bachelor of Hospitality Management, Sales and Marketing and Revenue Management from The University of Huddersfield. Previously, she spent 20 years in the luxury watch and jewelry industry, having worked with brands includingPiaget, Vacheron Constantin, IWC and Baume & Mercier, where she was the Director of Marketing and Communications in Latin America and Caribbean. *, "Whether guests are here to enjoy the exciting theme parks such as Busch Gardens Tampa Bay or Adventure Island or visiting the University of South Florida, Home2 Suites by Hilton promises comfort and convenience," said John Ball, general manager. Nicole is fluent in English and Spanish. For more information, visit our Privacy & Cookie Policy. A native of Donegal in the northwest region of Ireland, McElroy earned a bachelors degree with honors in quantity surveying from the University of Ulster. in the Transaction Advisory Services Division, specializing in real estate and hospitality. Jason Kreul serves as Highgate's Executive Vice President of Operations, supporting Highgate's West Coast hotels which consist of a variety of full-service branded and lifestyle independent hotels. To oversee the portfolio of 400 owned and/or operated hotels across 33 U.S. states, Dann is supported by a multidisciplinary executive team with an average of 30 years of hospitality experience. Kerrys responsibilities include direct oversight for Highgates 350+ properties as well as the planning and execution of the companys property level revenue management strategies, pricing policies, CRM Program, and E-Commerce initiatives. The city-owned site across the street could help . Visit newsroom.hilton.com for more information and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram, and YouTube. By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy. The collection represents a dynamic array of urban assets, independent lifestyle and luxury properties, resorts, as well as full and select service and extended stay hotels. In July, Highgate also sold a La Quinta in Hollywood for $17.5 million and a La Quinta in Doral for $18.8 million, records show. that spans across the US, Europe and the Caribbean and Latin America. Home2 Suites by Hilton Tampa USF Near Busch Gardens participates in Hilton's award-winning customer loyalty program, Hilton Honors.

25 Mg Nicotine Equals How Many Cigarettes, Restaurants On Manchester St Lexington, Ky, Articles W