Valor Hospitality Europe appointed by DTP on 17-hotel portfolio

Valor Hospitality Europe appointed by DTP on 17-hotel portfolio

Global hotel management company, Valor Hospitality Partners has been appointed by Thailand based DTGO Prosperous Limited, contracted by DTP Infinities Corporation Limited, to manage all 17 United Kingdom hotels, following its recent acquisition of the portfolio.

Valor has signed a long-term agreement to continue to manage and asset manage the portfolio it successfully developed under the previous ownership.

The hotels, which cover the length and breadth of the UK from Scotland to Plymouth, are operated through a number of franchises including IHG’s Crowne Plaza and Hotel Indigo, Hilton’s DoubleTree and Garden Inn brands, and Marriott.

The new partnership with DTP in the UK complements Valor’s rapid global expansion in the United States, South Africa and, as announced earlier this year, into Asia and the Middle East. With a significant growth strategy, Valor is actively seeking further opportunities with multiple owners and ownership groups in order to continue the expansion of its management portfolio well into the future.

Euan McGlashan, Global Co-founder and CEO of Valor Hospitality said: “Our successful collaboration with Marathon over the last six years to build a premier portfolio of hotels in leading cities across the UK has been an incredibly rewarding journey.

“We are immensely proud of our entire senior leadership team and those within the hotels; all of whom have delivered culturally, commercially and for our guests, to the highest level. We are now very excited about this new partnership with our friends at DTP and we look forward to playing a key role in their global expansion in the hospitality world.”

DTP’s vision is driven by its aim of being a globally evolving organisation that fosters a community of smart people who want to support the wider community – mirroring Valor’s own value system.

Maximising employee engagement and creating a positive work culture has always been at the heart of how Valor operates, and the strong cultural alignment with DTP will enable this to continue, resulting in a superior experience for all hotel guests.