Valor Hospitality Partners Middle East, sebuah syarikat pengurusan hotel perkhidmatan penuh global hari ini mengumumkan perkongsian yang sangat dinanti-nantikan dengan ICD Hospitality and Leisure LLC, anak syarikat milik penuh Investment Corporation of Dubai yang menguruskan portfolio syarikat komersial dan pelaburan.
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.
