Ian Schrager is approaching 80 years old, but he’s still pursuing his dream of running a big company. Now, he’s partnering with a major management firm to scale up Public Hotels. Schrager joined forces with Highgate to operate his Public brand, the Wall Street Journal reported. The partners aim to acquire hotels or small hotel companies, develop properties and convert Highgate assets to the Public banner. Highgate, which owns or manages more than 400 properties across the world, won’t be taking an ownership stake in Public. It will be involved in acquisitions and management contracts, though. The hotelier is also […]

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