Mehdi is based in London and leads the Companys European growth strategy. 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. Sarve has held previous roles with JLLs Hotel Investment Banking team, Tishman Speyer and RealFoundations. CorePoint Lodging Inc. *, "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. NEW YORK, March 8, 2022 /PRNewswire/ -- Highgate , a leading hotel management, investment, technology, and development company, announced today the launch of . He founded Highgate with his brother, Mahmood, in 1988. 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. Trump Earned $285M from DC Hotel Sale - The Real Deal Rachel previously managed social media and communications for various travel brands including Paradisus Resorts and Booking.com. New York. 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 . Highgate maintains corporate offices in New York, Dallas, Los Angeles, London, Miami, Seattle, and Waikiki. This website uses cookies. Matt is a graduate of Michigan State University with a Bachelors degree in Hospitality Real Estate and Development. Additionally, Viceroy was named in the top ten of Top 25 Hotel Brands on Travel + Leisure World's Best Awards 2022. 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. 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. Highgate's eyes focused on Iberian Peninsula - Hotel Investment Today She joined Highgate in 2005 and has almost 30 years of hotel experience with 25 of those years in Revenue Management. Redmond began working at Choice Hotels in 2007 as Director of Compliance and was later promoted to Senior Director, Accounting & Compliance and Vice President, Financial Reporting & Accounting. Beyond Portugal, Highgate leadership stated it is taking an intentional approach to European expansion. Highgate Hotels and Trilantic Capital Partners Announce Partnership, This website uses cookies. Additionally, Deutsche Bank and Bank of Montreal provided a debt financing commitment to Highgate and Cerberus on this transaction. To oversee the portfolio of 400 owned and/or operated hotels across 33 U.S. states (including Element Sedona, pictured above), Dann is supported by a multidisciplinary executive team with an . Highgate is a leading real estate investment and hospitality management company with over $15 billion of assets under management. More information is also available on the property's Facebook, Twitter, Pinterest and Instagram. He is a supporter of the Hawaiian Legacy Reforestation Initiative (HLRI), a non-profit organization committed to returning the indigenous koa, milo and sandalwood trees back to the Hawaiian Islands. Most Recently, Suzanne was the Regional Director of Public Relations for Fairmont Hotels & Resorts in the Northeast U.S. and Bermuda. Such forward-looking statements involve numerous assumptions, risks and uncertainties that may cause actual results to differ materially from those expressed or implied in any such statements. A New York City native, Kerry holds a Bachelor of Science Degree in Hotel Management from New York University. Home2 Suites by Hilton Tampa USF Near Busch Gardens complements the booming tourism industry in Tampa that welcomes approximately 21.8 million visitors annually. 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. 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. New York, Investors and security holders will be able to obtain free copies of these documents (if and when available) and other documents filed with the SEC by CorePoint through the website maintained by the SEC at http://www.sec.gov. Rob leads the organizational growth and operational execution of Highgates Select Service division. Keith Cline, President and Chief Executive Officer of CorePoint, said, Over the past few years, CorePoint has been executing on a disciplined asset disposition strategy that has transformed the Companys portfolio and created substantial value. New York. Gopu Joined Highgate in 2007. For more information, visit our. Forward-looking statements are made based upon managements current expectations and beliefs and are not guarantees of future performance. Mr. Khimji also serves on the National Committee of Aga Khan Foundation USA and on the boards of Aga Khan Museum and the Asia Society. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC when they become available. In the coming months, we will be announcing exciting additions to the portfolio in major urban gateway markets and select resort destinations that will invoke the distinct quality and luxury service that Viceroy has long been known for.. CorePoint Lodging Inc. (NYSE: CPLG) is the only pure-play publicly traded U.S. lodging REIT strategically focused on the ownership of midscale and upper-midscale select-service hotels. Under the terms of the merger agreement, Highgate [] 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. Davidson Kempner, Highgate and Kronos complete acquisition of ECS in Business Marketing from Marist College. Rob also has over 15 additional years of Hospitality experience at the field level with such companies as Ian Schrager Hotels, Helmsley Hotels, InterContinental and Westin Hotels and Resorts. Hilton (NYSE: HLT) is a leading global hospitality company, with a portfolio of 14 world-class brands comprising more than 5,000 properties with more than 825,000 rooms in 103 countries and territories. Highgate's development team has an average of 15 years of hotel development experience and is widely respected in the industry. About Hilton Hilton (NYSE: HLT) is a leading global hospitality company, with a portfolio of 14 world-class brands comprising more than 5,000 properties with more than 825,000 rooms in 103 countries and territories. of urban assets, independent lifestyle and luxury properties, resorts, as well as full and select service and extended stay hotels. Prior to joining Highgate, Gopu worked with the Taj Hotels, Resorts & Palaces. 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. He holds a BS in Accounting, summa cum laude, from the Barrett Honors College at Arizona State University and a JD from the William & Mary School of Law. Paul moved to Hawaii in 2000 and began his career at Rider Levett Bucknall, a construction consulting firm. Last month, Blackstone sold three Motel 6 properties and two Studio 6 extended-stay hotels in Cutler Bay, Dania Beach, Coral Springs and West Palm Beach. Prior to joining Highgate, Matt was an attorney at Sullivan & Cromwell LLP, where he focused on commercial real estate transactions, hospitality, and private equity. 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 . Based at the Fairmont Copley Plaza in Boston, Suzanne managed public relations and communications programs, including hotel openings and repositionings, in Boston and Bermuda, as well as Fairmonts properties throughout the Northeast US including the reopening of The Plaza in New York. 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. If we make any future public statements or disclosures which modify or impact any of the forward-looking statements contained in or accompanying this press release, such statements or disclosures will be deemed to modify or supersede such statements in this press release. Mehdi Khimji is a Managing Principal and Co-Founder of Highgate and sits on the Companys Board of Directors. For more information or to make a reservation, visit Home2 Suites by Hilton Tampa USF Near Busch Gardens or call 813-750-8844. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. New York, NY - March 8, 2022 - Highgate, a leading hotel management, investment, technology, and development company, . It is owned by Highgate and Oyo Hotels & Homes, and its casino is operated by Paragon Gaming. Highgate, Flynn acquire The Huntington Hotel Revenue: $1 to $5 billion (USD) Competitors: Unknown. The company operates a hotel management, investment, technology and development firm which acts as an investment and operating partner for hospitality assets, enabling clients to drive out performance and maximize asset value. 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. The deeds do not show how much Highgate and Cerberus paid for the individual hotels. 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. Affiliates of Georgia-based Global Hotel Group paid $61 million for the five hotels, records show. Highgate launches Select division - hotelbusiness.com The hotel also features complimentary Internet, inviting communal spaces, and trademark Home2 Suites amenities such as Spin2 Cycle, a combined laundry and fitness area, Home2 MKT for grab-and-go items, and the Inspired Table, a complimentary daily breakfast that includes more than 400 potential combinations. Before joining OMNI, Richard was a Developer/Project Manager for The Container Store. Designed for travelers who want to maintain their normal routine, the hotel features 106 suites and a range of value, tech-focused and eco-conscious amenities. Hilton Garden Inn New York/Times Square Central. With a particular focus in hospitality real estate, Highgate's portfolio includes over 350 owned and/or managed hotels comprising over 65,000 rooms across the United States, Europe, Latin . "We seek to grow the platform to become a formidable Iberian operator . Convention hotel for city-owned downtown site would likely need public As Executive Vice President of Luxury Residences, Matt Greene is responsible for overseeing Highgates growing portfolio of managed condo-hotels and residences. Operator of a hospitality investment and management company intended to serve the hotel industry. 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). During his tenure as General Manager Jason was the recipient of many brand awards including General Manager of the Year and Hotel of the Year for Marriott International. Regional Director of Marketing and Comms, Southeast. For more information about its people and platforms, visit us at www.cerberus.com. in the Transaction Advisory Services Division, specializing in real estate and hospitality. In addition, she is currently serving on the Greater Boston Convention and Visitors Bureau branding committee. Prior to joining Hotel Equities he spent 9+ years with Highgate, serving as Vice President of Operations and then Senior Vice-President of Operations. He has actively participated in industry committees and advisory boards, such as the HITEC advisory committee, Advisory Board for Hospitality Technology Magazine, Advisor for Thayer Ventures, Hilton Advisory Board, and Chairman of the American Hospitality and Lodging Associations Technology and e-commerce advisory committee. Nicole is an American and Swiss citizen, born in Iran and raised in Colombia. Follow Viceroy on Facebookand Instagram. Steve joined Highgate in 1992 and has over 34 years of hotel multi-unit experience and over 40 years of total hospitality experience. Highgate Hotels Prepares to Open The Gates Hotel Key - Hotel-Online Suzanne has been a guest lecturer at Emmanuel College and Boston Universitys Shaw School of Hospitality and College of Communications. The Company received a settlement offer from the IRS with respect to the IRS matter on November 5, 2021, and expects to accept that offer and enter into an agreement with the IRS this week. The transaction is expected to close in early 2023. New York. Greene also managed the Hard Rock Hotel San Diego, a condo hotel located in the citys entertainment corridor. 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. Most recently, David served as SVP of Brush Creek Luxury Ranch Collection named the No. Additionally, Mr. Khimji serves on the Board of Visitors for Columbia Law School. Such forward-looking statements often contain words such as assume, will, anticipate, believe, predict, project, potential, contemplate, plan, forecast, estimate, expect, intend, is targeting, may, should, would, could, goal, seek, hope, aim, continue and other similar words or expressions or the negative thereof or other variations thereon. With over 87,500 hotel rooms under management, Highgate operates a geographically diverse portfolio that spans across the US, Europe and the Caribbean and Latin America. Highgate Hotels, L.P. - Hospitality Net 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. Prior to Crescent, Jason spent over six years as Vice President of Acquisitions & Business Development for Two Roads Hospitality (formerly Destination Hotels & Resorts), the then largest operator of independent hotels & resorts in North America, where he was instrumental in strategically developing and expanding growth within the Two Roads portfolio before the subsequent sale to Hyatt Hotels & Resorts. There is no financing condition to the transaction. 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 Company Profile: Funding & Investors | PitchBook For more information, visit www.viceroyhotelsandresorts.com. Highgate Announces Agreement to Acquire Viceroy Hotels & Resorts that spans across the US, Europe and the Caribbean and Latin America. Highgate's New CEO Goes On the Hunt for Luxury and Lifestyle Hotels - Skift . Prior to joining Highgate, Greene served as Executive Vice President, Lifestyle Operations for Evolution Hospitality & Aimbridge Hospitality, where he oversaw the Lifestyle hotel portfolio as well as 10+ new hotel developments across the US & Mexico. Highgate has 560 hotels in its network, including 420 select-service brands, including ones branded LaQuinta by Wyndham. 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. He also serves as a Trustee for the New York Hotel Trades Council & Hotel Association of New York City, Inc. in Sociology and certificates in Business and Management. Deutsche Bank Securities Inc. is serving as financial advisor to Highgate and Cerberus. Scheduled for Fall 2023 Kimpton Hotels & Restaurants, part of IHG Hotels & Resorts' luxury and lifestyle portfolio, announced today it will open a new boutique hotel in New York City,. 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 companys website. Mike began his career in the hospitality industry, initially serving as a Systems & Control Manager and Restaurant Manager after graduating Magna Cum Laude from Johnson & Wales University. For more information on Highgate, visit Highgate.com. Sarves professional career has been concentrated in institutional commercial real estate roles in hotel acquisitions, investment banking and development. In addition, she spent over seven years with distinguished retail service organizations including May Company and the Federated Organization. Listed REIT CorePoint Lodging Inc. is a pure play select-service hotel owner strategically focused on the midscale and upper-midscale segments. For more information, please visit CorePoints website at www.corepoint.com. Brian came to Highgate from the Trump Hotel Collection, where he served as Vice President of Sales & Marketing and oversaw the companys domestic and international sales and marketing growth, competing in the high-end luxury sector. Highgate Launches 'Highgate Select' Division - Hotel-Online Oyo Hotel & Casino - Wikipedia 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. Mr. Batta received a B.S. We are excited for Viceroys future and we believe that this acquisition will not only fuel the future expansion of our brand, but also give us a true partner, one who will offer incredible support, opportunity and collaboration. Additional Information and Where to Find It. As such, the Company currently expects that the amount of any such additional consideration will likely be approximately $0.10 per share. With over 87,500 hotel rooms under management, Highgate operates a geographically diverse portfolio that spans across the US, Europe and the Caribbean and Latin America.. The Graduate Roosevelt Island, New York City, the premier investment and operating partner, With an executive team consisting of some of the most experienced hotel management leaders, the company is. for top ownership groups and major hotel brands. Viceroy Hotels & Resorts is a global modern luxury brand, inspiring travelers with one-of-a-kind, authentic experiences that bring together provocative design and intuitive service. About us Highgate is a premier hospitality investment and management company widely recognized as an innovator in the industry. 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. In 2011 she received a Teaching Excellence Faculty Award from NYU. www.viceroyhotelsandresorts.com/about-us/diversity-equity-inclusion. Highgate - Our Team - Highgate Corporate A key area of focus will be expansion into Spain, including Costa del Sol, Balearic Islands, Canary Islands, and major cities including Madrid, Barcelona and Valencia. Rich was previously a Manager for Ernst & Young, L.L.P. 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). Convention planners generally are seeking more and larger hotels directly adjacent to an event space than the Baird Center can currently offer. Throughout his career, David has opened over 20 hotels in the most dynamic growth markets in the US. 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. With a particular focus in hospitality real estate, Highgate's portfolio includes over 500 owned and/or managed hotels comprising over 80,000 rooms across the United States, Europe, Latin America . During his time at Highgate, Zach has been involved in over $12bn of hospitality and other real estate transactions. Contact: John Ball, General Manager, Home2 Suites by Hilton Tampa USF Near Busch Gardens. Now as Chief Technology Officer, Richard is responsible for Highgates technical product roadmap, as well as overseeing Cyber Security, Cloud, Compliance & Application Development. Any definitive proxy statement(s) (if and when available) will be mailed to stockholders of CorePoint. San Francisco hotels were among the hardest hit during the pandemic. 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. This communication does not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities or a solicitation of any vote or approval. As Executive Vice President Jeff will oversee Highgates portfolio of lifestyle, luxury, and independent hotels. Latham & Watkins LLP and Kirkland & Ellis LLP acted as legal counsel to Highgate and Cerberus. Viceroy for Everyone, Viceroys ongoing commitment to diversity, equity and inclusion to its colleagues and guests can be found at www.viceroyhotelsandresorts.com/about-us/diversity-equity-inclusion. He has extensive experience in revenue generation, operational excellence, asset maximization and organizational capabilities. 1 Resort Hotel in the U.S. two years in a row by Travel + Leisure. Copies of the documents filed with the SEC by CorePoint will be available free of charge on CorePoints internet website at www.corepoint.com or upon written request to: Investor Relations, CorePoint Lodging Inc., 125 E. John Carpenter Freeway, Suite 1650, Irving, Texas 75062 or by telephone at (214) 501-5535. Prior to Campus Crest, he was the President of CSM Lodging and held senior roles at Boykin Management Company and Interstate Hotels. Donald Trump's revised financial disclosure showed $284.5 million in income from his Washington, D.C. hotel sale to CGI Merchant Group. Industry: Hotels & Resorts. CorePoint, its directors and certain of its executive officers may be considered participants in the solicitation of proxies in connection with the proposed transaction. Highgate Acquires LA-based Luxury Hotel Chain Viceroy Since its formation, GF Hotels & Resorts has managed over 750 hospitality assets in 46 states.
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