Valor Hospitality Partners Middle East, une société mondiale de gestion hôtelière à service complet, a annoncé aujourd'hui un partenariat très attendu avec ICD Hospitality and Leisure LLC, une filiale en propriété exclusive d'Investment Corporation of Dubai qui gère un portefeuille de sociétés commerciales et d'investissements.
Under a long-term arrangement, the new joint venture, Valor Hospitality Partners DMCC, will scale up operations in the Middle East region by signing new hotel management agreements with hotel owners.
Leading global hotel groups have a majority of their hotels under franchise operations, and with Valor Hospitality enjoying preferred status or close partnerships with these hotel groups, the joint venture aims to create more momentum in the industry regionally.