Key facts
- Lotte Hotels & Resorts and Highgate have formed a strategic partnership.
- The partnership spans hotel management, distribution, technology, and talent development.
- Highgate will manage the Lotte New York Palace Hotel.
- The Lotte New York Palace Hotel is a 909-key property in Midtown Manhattan.
This partnership between Lotte Hotels & Resorts and Highgate signifies a significant collaboration in the hospitality sector, aiming to leverage each company's strengths across management, distribution, and technology. The inclusion of the Lotte New York Palace Hotel under Highgate's management highlights a key aspect of this strategic alliance, potentially impacting operations and guest experiences in both the Americas and Asia.