Valor Hospitality Partners Middle East, orinasa fitantanana trano fandraisam-bahiny eran-tany, dia nanambara androany ny fiaraha-miasa tena andrasan'ny ICD Hospitality and Leisure LLC, sampana iray manontolo ao amin'ny Investment Corporation of Dubai izay mitantana portfolio orinasa ara-barotra sy fampiasam-bola.
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.