INVESTMENT
HIGHGATE
FORMALIZES SELECT DIVISION
WITH TWO BIG ACQUISITIONS IN THE PAST YEAR , SELECT- SERVICE HOTELS NOW ACCOUNT FOR 406 OF THE 533 ASSETS IN HIGHGATE ’ S PORTFOLIO . AS A RESULT , IT HAS LAUNCHED A SEPARATE DIVISION , HIGHGATE SELECT .
by JEFF WEINSTEIN , EDITOR IN CHIEF
WE ARE VERY BULLISH ON THIS SECTOR OF THE HOSPITALITY BUSINESS . WE HAVE A GREAT PLATFORM THAT WE ’ VE BUILT . WE ’ RE LOOKING FOR ACQUISITIONS , AND WE THINK WE CAN DO A GREAT JOB WITH THIRD-PARTY MANAGEMENT , AS WELL
– ROB DANN