Valor Hospitality Partners Middle East, kambani yepasirese, yakazara-sevhisi manejimendi emahotera yakazivisa nhasi mubatanidzwa unotarisirwa zvikuru neICD Hospitality uye Leisure LLC, inotsigirwa zvizere neInvestment Corporation yeDubai iyo inobata portfolio yemakambani ekutengesa nekudyara.
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.