Highgate to acquire Viceroy Hotels & Resorts.

Highgate, a hotel management, investment, technology and development firm, agreed to acquire Viceroy Hotels & Resorts, a hotel company. Financial terms were not disclosed. "We are excited for Viceroy's future and we believe that this acquisition will not only fuel the future expansion of our brand, but also give us a true partner, one who will offer incredible support, opportunity and collaboration. This deal will accelerate our momentum, and solidify our position as the leading modern luxury lifestyle brand in our space," Bill Walshe, Viceroy CEO.