Valor Hospitality Partners announced expanding its presence in Saudi Arabia, marking a significant milestone in the company’s expansion across the Gulf Cooperation Council (GCC) region by extending its operations in the Kingdom, in line with its Vision 2030 in having tourism account for 10 percent of the GDP. “Expanding into Saudi Arabia marks a significant milestone for Valor Hospitality Partners and presents an unparalleled opportunity for investors in the Kingdom,” stated Julien Bergue, Co-founder and Managing Partner for Valor Hospitality Partners, overseeing the Middle East, CIS, and Central Asia regions. “Our flexible and comprehensive management model is specifically tailored to meet the unique needs of the Middle eastern and Saudi market. As the only international full-service firm in the Middle East, we empower investors to optimize their returns through cost-effective solutions, operational efficiencies, and our deep expertise in hospitality management.” With an estimated 600,000 hotel rooms in development across the GCC, the hospitality sector is experiencing an unprecedented boom. Valor Hospitality Partners is uniquely positioned to support investors, Funds, developers and hotel owners in this dynamic market. The company’s strategic approach not only elevates hospitality standards but also aligns Valor with the Vision 2030, enabling investors to capitalize on the rapid growth in tourism and hotel development in Saudi Arabia. “Our focus and our expertise help properties to distinguish themselves, attracting more guests and enhancing their asset visibility,” added Bergue. “By delivering exceptional quality standards and optimizing operational value, we ensure sustained growth and maximized returns for hotel owners. Our tailored solutions provide investors with the tools to navigate and excel in the evolving hospitality landscape of the GCC.” Tapan Piplani, Chief Operating Officer & Head of Business Development Director …
Read More »Valor Hospitality partners continues Middle East expansion with second Oman property
Valor Hospitality Middle East signed an agreement with owning company Ezz Asass International to manage the Four Points by Sheraton branded property. This agreement also marks the second collaboration between Valor Hospitalty Middle East and Marriott International in Oman. Scheduled to open in 2024, the 85 room hotel is in the city of Duqm, on the southern coast of Oman. The hotel is strategically located within the Special Economic Zone of Duqm (SEZAD), and within minutes from the SEZAD Headquarters and opposite the Police Training centre. With recent projects announced in Duqm, the hotel will offer a convenient choice for corporate travellers and a slowly growing leisure segment are being drawn by stunning beaches. The Four Points by Sheraton Duqm is anticipated to reflect the brand’s promise of ‘travel reinvented’, providing everything that matters most to today’s travellers seeking balance on the road. A timeless style coupled with comfort and genuine service allows guests to kick back and relax. The hotel will feature guest rooms with abundant daylight, an airy atrium lobby, two dining venues, indoor pool and gym, meeting rooms and private car parking space. “Since announcing our first property in Oman last year, we are so pleased to grow our presence with a second Four Points by Sheraton, in Duqm this time”, said Julien Bergue, Co-founder and Managing Partner, Valor Hospitality Middle East. “We are fortunate to have a trusted and reliable businesses owner in Ezz Asass International. We’re naturally excited to partner with Marriott once again. With 300+ keys confirmed in Oman we hope to establish a base here in the coming months” Bergue continued. Hamad Abdullah Al Harthy, Chairman of Ezz Asass International, said, “We are …
Read More »Valor Hospitality partners expands UAE hotel portfolio to 800 +keys
Valor Hospitality Partners Middle East recently announced their highly anticipated partnership with the Hospitality & Leisure vertical of Investment Corporation of Dubai (ICD), the principal investment arm of the government of Dubai, which manages a portfolio of commercial companies and investments. With the joint venture firmly in place, Valor Hospitality has commenced operational transition of 800+ keys across popular and established hotels in the Emirate, including Dubai’s first five-star property, the Radisson Blu Hotel Dubai Deira Creek and 3 Wyndham Deira hotels. These properties which will retain their existing brands,will be added to the portfolio of operating and pipeline properties Valor have in the region. Valor Hospitality operate 85+ properties globally and enjoy preferred status or close partnerships with global hotel brands, working closely with owners to develop their assets. “We feel honoured to manage these hotels that have been part of the Dubai landscape for varying degrees of time. We feel sincere accountability towards our hotel guests, hotel teams, and hotel brands during the transition processes” said Euan McGlashan, CEO and global co-founder of Valor Hospitality Partners. “We have a strong history of retention of team members during the process of assuming operational management and remain committed to growing employee culture, in addition to ensuring personal and professional growth” McGlashan continued. A spokesperson for ICD said “Valor Hospitality bring global knowledge of a business model unique to the region that we are excited to see unfold and develop. The agreement will help Valor expand in the region, strengthen its operations and implement its strategies with the addition of the 4 properties in the ICD portfolio.” “The Middle East, and Dubai in particular, continues to lead when it comes to …
Read More »Valor Hospitality announces first hotel in Oman
Valor Hospitality Middle East announced its first hotel in Muscat, Oman, adding to its portfolio in the Middle East. The upscale, full-service hotel in Muscat, Oman is scheduled to open in Q1 2024, after complete renovation, refurbishment and rebranding. When open, the hotel will feature 201 guest rooms, ballroom and conference facilities, leisure and fitness amenities and multiple bars and dining venues. Located in the centre of Muscat, in Qurum, the hotel will offer a great location and diverse room mix for both short and long stays, corporate and leisure travellers. “After our recent hotel opening in Dubai, UAE, it gives us great pleasure to expand our third-party hotel management services in the Middle East by partnering with Mustafa Sultan Enterprises for our first of, hopefully, many hotels in Oman,” said Julien Bergue, Co-founder and Managing Partner, Valor Hospitality Middle East. “We are working closely with the ownership on the full renovation plan and in identifying a suitable brand fit for the fully revamped hotel” Bergue continued. Shabeer Mustafa Sultan, Chairman of Mustafa Sultan Enterprises, said, “We are thrilled to partner with Valor Hospitality for operating an international branded hotel in Muscat, Oman and to provide the best possible guest experience. This collaboration points to a full renovation and rebranding investment that supports our mission to create long-term value for the tourism, real estate and leisure sectors across Oman. With our shared values and Valor Hospitality’s global expertise in managing hotels, we are confident the hotel will add great value to the vision of Oman’s leaders, particularly in the upscale hotel segment. We look forward to delivering an engaging and positive experience for all our guests”.
Read More »