Endless Caribbean - Highgate Expands with New Properties in the Caribbean

Highgate Expands with New Properties in the Caribbean

Highgate, a New York based, real estate investment and hospitality management company, expands its portfolio with new properties in the Caribbean. As a global real estate investment company, Highgate’s presence is visible in North America, the Caribbean and Latin America. With core competencies in planning and managing projects in key hotel markets, the company thrives with the incorporation of unique and innovative practices into its operations.

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The Highgate Portfolio

The Highgate portfolio is extensive and classifies properties in four main categories. They are Luxury & Lifestyle; Full-Service Independent; Full-Service Branded; and Select and Limited Service. In the Caribbean, properties are located in Aruba; Curacao; Barbados; St. Lucia; Dominica; Antigua and Barbuda; Saint Kitts; Saint Martin; Puerto Rico; Dominican Republic; Haiti; Turks & Caicos; Bahamas and Jamaica. Some of the recognizable global brands in the Caribbean now under Highgate are: Marriott; Hilton; Hyatt; Renaissance Hotels; Crowne Plaza; Double Tree by Hilton; and Westin Hotels and Resorts.

The Growth of Highgate

One of the recent deals resulted in the assumed management of hotels and resorts in the United States, Caribbean and Latin America owned by Trust Hospitality. The acquisition of these properties in this deal, enhances Highgate’s global presence and adds 22 properties and 3,100 rooms to the company’s assets. In another recent deal, the company entered into an agreement with Colony Capital Inc., to acquire six of its portfolios. The portfolios consist of over 22,000 rooms across 197 global properties. This also increases Highgate’s presence in the Caribbean.

Sources:
Colony Capital: Colony Capital Announces the Sale of Hospitality Portfolios
Highgate: Highgate Growth Continues with Addition of 22 Lifestyle Properties in the U.S., Caribbean and Latam

Image Credit: St. Kitts Marriott Resort & The Royal Beach Casino