Highgate’s Grand Symphony of Luxury: Iconic Joule, Le Meridien Central Park, and More Join the Prestigious Portfolio
In an exciting announcement, Highgate, the renowned global real estate investment and hospitality management company, has unveiled its latest conquests in the realm of luxury living. Today, Highgate proudly takes the reins of the iconic Joule in Dallas, the chic Le Meridien Central Park in New York City, and sets its sights on the upcoming Amrit Ocean Resort in Singer Island, Monterey Beach Hotel, and the redevelopment of the Bellevue Hotel Philadelphia—all set to grace the hospitality scene in 2024.
Highgate, with its illustrious 30+ years of hospitality leadership, has carved a niche for itself in operating a diverse portfolio of legacy brands and independent hotels and resorts. The company’s recent acquisitions include The Joseph Hotels in Nashville and Columbus, The Elser Hotel in Miami, Romer Neighborhood Hotels in New York City and Waikiki, and a global expansion into significant international markets with Hotel Saint and Grosvenor House Suites in London, as well as Palacio del Inka, Hotel Paracas, and Tambo del Inka—three Luxury Collection Hotels/Resorts in Peru, along with Cascade Wellness Resort in Lagos, Portugal.
With these new additions, Highgate now commands a staggering 8,100+ keys in the premier luxury lifestyle category, with an additional 1,500 keys currently under development. Highgate’s institutional management platform, proprietary revenue and distribution strategies, innovative marketing, programming, and positioning capabilities, along with a best-in-class team, set the stage for unparalleled guest experiences.
Notably, Highgate brings more than just management expertise to the table. Through its in-house design and construction studio, LUCID, and its food and beverage division, TableOne Hospitality—partnered with the renowned Chef Michael Mina and restaurateur Patric Yumul—Highgate offers significant value-add capabilities. This suite of dynamic offerings and expertise has propelled Highgate into a leadership position within the luxury lifestyle space.
“The continued expansion of our luxury lifestyle portfolio is a reflection of a concerted effort to build the best team in the industry to operate world-class hotels, create unparalleled experiences for guests, and deliver exceptional returns for owners,” remarks Highgate CEO Arash Azarbarzin. With over 40 years of leadership experience in luxury hotel brands, Azarbarzin, appointed as CEO in 2022, spearheads the division, supported by Jeff Toscano, Executive Vice President of Luxury and Lifestyle—an industry expert in creating innovative and impactful hotel concepts.
The growth of Highgate’s luxury and lifestyle division coincides with its impressive current portfolio, featuring acclaimed properties like The Newbury Boston, Park Lane New York, The Knickerbocker, Modernhaus, The Marker Key West, Hotel Figueroa in Los Angeles, and Alohilani Resort Waikiki Beach.
As the dominant player in major U.S. gateway cities and with a growing footprint in Europe, the Caribbean, and Latin America, Highgate continues to lead the industry with its contemporary programming, digital acumen, and expert guidance through all stages of the property cycle. The company’s commitment to maximizing asset value and delivering exceptional guest experiences solidifies its position as a trusted partner for top ownership groups and major hotel brands.
In the words of Arash Azarbarzin, “As we look ahead to 2024 and beyond, we anticipate more exciting news to share.” With Highgate at the helm, the future of luxury living in the hospitality landscape is set to be nothing short of extraordinary.