Donald Trump's revised financial disclosure showed $284.5 million in income from his Washington, D.C. hotel sale to CGI Merchant Group. For more information, please visit CorePoints website at www.corepoint.com. He holds certifications from Harvard Business Schools Executive Leadership Program, Cornell University, and Whartons Executive Education Program. Book Now. We are thrilled to partner with our friends at Cerberus on another exciting transaction, through which Highgate will continue to enhance its capabilities in the select service space. Hospitality real estate firm sold a property in Miami Springs, and another one near MIA. Brian re-joined Highgate in April 2013, bringing to the company over 25 years of experience as a dynamic sales and marketing professional in the hotel and hospitality industry. Prior to joining Highgate, Redmond served as Chief Accounting Officer of Choice Hotels International, Inc., a global hospitality company with a portfolio representing over 7,000 franchised, managed and owned hotels, where she led enterprise-wide process reengineering efforts, implemented complex accounting standards and improved internal control structures and procedures to accommodate the companys growth and evolving financial structure. Prior to that, David spent 25-years with White Lodging serving as an award-winning General Manager, Regional Vice President, Senior Vice President of Regional Operations, and eventually becoming Chief Operating Officer. Industry: Hotels & Resorts. 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. Operator of a hospitality investment and management company intended to serve the hotel industry. Earlier in her career, she held numerous Sales and Marketing roles with Starwood Hotels working across various brands. Pursuant to this settlement offer, the Company estimates the total payment amount pursuant to the settlement will be approximately $155 million. Mr. Batta received a B.S. 468 Room All Suite. Nicole is an American and Swiss citizen, born in Iran and raised in Colombia. Home2 Suites by Hilton Tampa USF Near Busch Gardens complements the booming tourism industry in Tampa that welcomes approximately 21.8 million visitors annually. 84,000 Keys Over 500 properties comprising over 84,000 owned and/or managed hotel rooms $15+ Billion Over $5B in total revenue under management, . 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. New York, NY, December 15, 2022 An affiliate of the Principals of Highgate announced today that it has entered into a definitive agreement to purchase Viceroy Hotels & Resorts (Viceroy). Dynamic destinations immersed in the local community and culture are at the core of the Viceroy guest experience, and to better serve travelers the brand has established three unique hotel categories consisting of the Icon Collectioncomposed of unparalleled properties furnishing lavish experiences, the Lifestyle Seriesoffering energizing stays in vibrant locales, and Urban Retreatsbased in bold, eccentric cities. In light of the pending transaction with Highgate and Cerberus, CorePoint will not hold an earnings conference call for the third quarter of 2021. Matt is a graduate of Michigan State University with a Bachelors degree in Hospitality Real Estate and Development. A 35-year hospitality veteran, Tom returns to Highgate after leading operations for Hotel Equities hotels in the US and Canada. For over thirty years, Highgate has been the premier investment and operating partner of hospitality assets. Viceroy has built an outstanding customer reputation due in part to its strong service culture and incredible team, said Richard Russo, Principal at Highgate. Sarves professional career has been concentrated in institutional commercial real estate roles in hotel acquisitions, investment banking and development. Highgate has 560 hotels in its network, including 420 select-service brands, including ones branded LaQuinta by Wyndham. Most recently, she was honored in 2017 as one of HMSAIs Top 25 Extraordinary Minds in Hospitality Sales, Marketing, Revenue Optimization. Before joining Fairmont Hotels & Resorts, Suzanne was Vice President, Travel and Hospitality, at Clarke & Company, a Boston-based public relations, and issues management firm. Sign up today for industry news delivered to your inbox. Prior to joining Highgate, Gopu worked with the Taj Hotels, Resorts & Palaces. Mehdi is based in London and leads the Companys European growth strategy. 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. Rachel previously managed social media and communications for various travel brands including Paradisus Resorts and Booking.com. Ankur joined Highgate in 2003 and was integral in the development of Highgates proprietary revenue management, distribution and electronic marketing functions. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Cowboys owner, real estate developer Jerry Jones tied to Clarence Thomas, Fiduciary to investors: Funds in Nightingale projects misappropriated, We are not distressed: Rise48 disputes red flags on loans, Brookfield hands landmark Brill Building to lender. 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. HIGHGATE AND FLYNN PROPERTIES ACQUIRE THE HUNTINGTON HOTEL - Yahoo Finance San Francisco has three Hyatt Regency hotels, with the SoMa one the closest to the Moscone Convention Center. 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. 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. Steve joined Highgate in 1992 and has over 34 years of hotel multi-unit experience and over 40 years of total hospitality experience. www.viceroyhotelsandresorts.com/about-us/diversity-equity-inclusion. Highgates capabilities extend to adjacent real estate verticals including multifamily, short-term rentals, and diversified healthcare real estate, as well as investments in real estate-linked securities, technology platforms, and hospitality-related operating businesses. Highgate is a leading real estate investment and hospitality management company with over $20 billion of assets under management. Oyo Hotel & Casino - Wikipedia Highgate's eyes focused on Iberian Peninsula - Hotel Investment Today New York. Arash Azarbarzin is Principal & Chief Executive Officer at Highgate. Rich has a Master of Business Administration Degree from New York Universitys Stern School of Business and a Bachelor of Science Degree from Cornell Universitys School of Hotel Administration. Mehdi graduated from the University of British Columbia with a degree in Commerce. 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. Nicole has a bachelors degree in Marketing and International Business from Arizona State University and anMBA in International Business from Schiller International University in Madrid, Spain. Memphis Hotels. of urban assets, independent lifestyle and luxury properties, resorts, as well as full and select service and extended stay hotels. This includes a heightened focus on Highgates Environmental, Social and Corporate Governance strategy based on Arashs expertise in sustainable, modern luxury. Most recently, David served as SVP of Brush Creek Luxury Ranch Collection named the No. Arash brings over 30 years of hospitality leadership experience, including most recently serving as CEO of SH Hotels & Resorts, where was instrumental in the growth and development of 1 Hotels, Treehouse, and Baccarat. Arash is a seasoned leader with deep operational experience, a track record of mentoring and cultivating exceptional talent, driving corporate culture, and a dedication to innovating and delivering unique guest experiences on a scaled level. Jasons property level experience includes numerous General Manager positions with Lifestyle Independent and Marriott Full-Service Hotels in various urban and resort markets throughout North America. Additionally, she is an active board member of the Urban Land Institute Young Leaders Group, the Stern Real Estate Club Alumni Board and is a member of the WX Women in Real Estate Mentorship committee. HIGHGATE AND FLYNN PROPERTIES ACQUIRE THE HUNTINGTON HOTEL - PR Newswire The Graduate Roosevelt Island, New York City, The Westin Lima Hotel & Convention Center, Peru. Throughout his career, David has opened over 20 hotels in the most dynamic growth markets in the US. Highgate Hotels, L.P. - Hospitality Net Prior to Highgate, Paul was Vice President of Development at Trinity Investments. , , . . He previously held senior operations roles at Hotel ZaZa Dallas, which first sparked Greenes interest in the condo-hotel space after successfully opening an adjacent condo tower to the hotel. Before joining Marriott, Balfe founded a sustainability strategy consulting firm after completing an MBA while working in the solar industry. Viceroys portfolio of hotels and resorts can be found in a diverse array of breathtaking and inspiring destinations, including Los Cabos, Santa Monica, Chicago, Beverly Hills, Riviera Maya, Snowmass, San Francisco, Washington D.C. and St. Lucia. Jason also worked for Denihan Hospitality Group as Director of Acquisitions & Development and was involved in the acquisition and subsequent growth of the James brand in New York City and Miami. She previously served as Vice President of Acquisition and Head of Real Estate at Butler Hospitality, leading the national market expansion strategy, and the acquisition and asset management of the real estate portfolio, where she expanded the companys hospitality footprint from five locations in NYC to 35 locations across 13 top 25 markets. Kerry Mack is the Executive Vice President of Revenue & Distribution for Highgate Hotels. Affiliates of Georgia-based Global Hotel Group paid $61 million for the five hotels, records show.
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