Highgate, a leading hotel management, investment, technology, and development company, has announced two significant European developments, the launch of HG Portugal and the relaunch of the Dorsett City London Hotel.
HG Portugal begins with a portfolio of 18 hotels spanning the Algarve, Lisbon, Porto, and several other markets throughout Portugal. The portfolio includes hotels operating within the Hilton and IHG brand families, as well as several independent hotels.
The portfolio includes lifestyle boutique hotels, urban full-service hotels, waterfront luxury resorts, and large convention facilities, each of which draws from core competencies across Highgate’s global portfolio.
To support its growth in Portugal, the company has appointed Alexandre Solleiro as Chief Executive Officer of HG Portugal. He brings over 30 years of hospitality leadership experience in Portugal and is joined by a dedicated leadership team across all disciplines.
Alexandre Solleiro and the HG Portugal team will build off of Highgate’s existing platforms and resources across Europe, the United States, the Caribbean and Latin America, while bringing dedicated Portugal-based experience.
This acquisition represents an excellent opportunity to add well-located assets to Highgate’s platform and achieve immediate scale in a region that’s experiencing exceptionally strong secular growth. We look forward to bringing to bear the capabilities and insights from Highgate’s approximately 500-hotel management platform to launch this dedicated Portugal operating platform, and to continuing to scale across Europe.
Nicholas Mellis, Vice President of Acquisitions and Development at Highgate
The launch of HG Portugal comes on the heels of two portfolio additions in the UK market, the Dorsett City London Hotel and Grosvenor House Suites in London’s Mayfair District. Effective March 1, 2023, Highgate will also begin operating the Dorsett City London Hotel under a relaunched concept as part of a larger repositioning.
The launch of HG Portugal complements Highgate’s recent re-entry into the UK management space, furthering the application of our proven business towards strategic global opportunities. Honed over the last 30 years, we will apply our innovative approach to operations, distribution, food and beverage, branding, and positioning during a remarkable moment for Portugal, as more travelers are discovering its magnificence as a prime destination.
Arash Azarbarzin, CEO of Highgate
These ambitious projects follow the recent announcement of the acquisition of the lifestyle-to-luxury Viceroy Hotels & Resorts by Highgate, an operation that grows the company’s portfolio by 10 existing properties and two others to come in Portugal and Panama by the end of 2024.
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