Valor Hospitality Partners Middle East, k'hamphani ea lefats'e ea tsamaiso ea lihotele tse fanang ka litšebeletso tse felletseng e phatlalalitse kajeno ts'ebelisano e lebelletsoeng haholo le ICD Hospitality le Leisure LLC, e leng setsi sa ka botlalo sa Investment Corporation ea Dubai se tsamaisang photefolio ea lik'hamphani tsa khoebo le matsete.
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.