MIAMI, Florida—A partnership between Gencom, Argent Ventures, and Highgate announced the acquisition of The InterContinental New York Times Square, a 607-key luxury hotel situated in Midtown Manhattan. The property will transition from IHG management to an IHG franchise, with Highgate assuming management. The hotel will also undergo an extensive renovation of guestrooms, public spaces, and dining venues. “As Gencom’s second hotel acquisition in New York City in the past 18 months, this transaction underscores our confidence in the long-term […]

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