Highgate to Manage Lotte New York Palace Hotel in Strategic Partnership with Lotte Hotels & Resorts
🏨 Lotte Hotels & Resorts and Highgate announced a strategic partnership. Highgate will manage the Lotte New York Palace Hotel. This collaboration involves the global hospitality arm of Lotte Corporation and owner-operator Highgate, combining their expertise in the hospitality sector. The agreement was made public as Lotte aims to enhance its operational capabilities and expand its global footprint. This partnership marks a significant move in the U.S. and South Korea hotel markets.
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