Highgate adds six-hotel portfolio in Peru

Highgate has taken over management of a portfolio of six hotels in Peru owned by Urbanova, a Peruvian real estate group. The deal expands Highgate’s portfolio in the Caribbean and Latin America (CALA) to a total of 26 hotels and resorts.

The Peru portfolio is comprised of Marriott-branded properties including Palacio del Inka Hotel, a Luxury Collection Hotel in Cusco (pictured above); Tambo del Inka, a Luxury Collection Resort in Urubamba; Hotel Paracas, a Luxury Collection Resort in Paracas; and Aloft Lima Miraflores; AC Hotel Lima Miraflores; and the Westin Lima Hotel & Convention Center in Lima.

To oversee the CALA portfolio, which spans 13-plus countries including Aruba, Belize, Curacao, Dominica, Dominican Republic, Jamaica, Mexico, Peru, Puerto Rico, St. Lucia, Trinidad and Turks and Caicos, Highgate appointed Marco A. Selva, who recently joined as SVP, luxury and lifestyle operations.

“We are honored to be awarded the management of Urbanova’s prestigious portfolio,” said Arash Azarbarzin, CEO, Highgate. “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.”

Hugo Desenzani, CEO, Urbanova, said, “Our search for a management firm drew a fiercely competitive field of prospective partners, but we knew that Highgate offered an owner-centric perspective and standard of excellence that is unparalleled. Our unique assets and fantastic talent—under the management and leadership of Highgate—will deliver incredible results and raise the hospitality bar in the region.”