Highgate is taking over management of six Peruvian hotels owned by Urbanova, one of Peru’s real estate groups. The deal expands Highgate’s portfolio in the Caribbean and Latin America to a total of 26 hotels and resorts.
Highgate brings to the CALA market a best-in-class management approach, using innovative technology and hands-on in-market resources with a unique perspective that marries local culture with global experience, insight and scale.
The Peru portfolio is comprised of Marriott-branded properties. 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 and Convention Center.
Highgate’s CALA portfolio includes The Ocean Club, a Luxury Collection resort in Costa Norte, Dominican Republic; AC San Juan; Aloft Tulum in Mexico; Acoya Curaçao Resort; the BRIX hotel, an Autograph Collection hotel in Port of Spain, Trinidad; and the ROK hotel, a Tapestry Collection hotel in Kingston, Jamaica. Earlier this year, Highgate also announced that it had acquired and assumed management of the Embassy Suites by Hilton San Juan Hotel and Casino.
To oversee the CALA portfolio, which spans countries including Aruba, Belize, Curacao, Dominica, Dominican Republic, Jamaica, Mexico, Peru, Puerto Rico, St. Lucia, Trinidad, and Turks and Caicos, Highgate appointed Marco Selva, who recently joined as SVP of luxury and lifestyle operations.
“We are honored to be awarded the management of Urbanova’s prestigious portfolio,” Highgate CEO Arash Azarbarzin said in a statement. “There is an enormous opportunity for growth throughout Peru and we look forward to tailoring our hospitality style, activations and best-in-class revenue management to the needs of each region. With Marco at the helm of such an outstanding team and hotel collection, we will establish a new standard for hospitality management in the country. Travelers across the world are increasingly drawn to the beauty and cultural vibrancy of the Caribbean and Latin America, and Highgate will be at the center of the development of these world-class destinations.”