Valor Hospitality announces expansion...

News comes as sector reports 600,000 GCC room boom

Hotel management company Valor Hospitality Partners is expanding into Saudi Arabia in what it says is a milestone for its presence across the GCC region.

The expansion aligns with Saudi Arabia’s Vision 2030, which aims to increase the tourism sector's contribution to 10% of GDP.

With an estimated 600,000 hotel rooms in development across the GCC, the hospitality sector is experiencing a boom.

Valor Hospitality Partners said it is positioned to support investors, funds, developers and hotel owners in this growth market.

Valor services include food and beverage concepts, luxury lifestyle services and managing golf, spa and fitness facilities, with an emphasis on sustainability, reducing environmental impact and supporting employment through its hospitality academy.

“Expanding into Saudi Arabia presents an unparalleled opportunity for investors in the Kingdom,” said Julien Bergue, Co-founder and Managing Partner.

"Our flexible 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 optimise their returns through cost-effective solutions, operational efficiencies and our deep expertise in hospitality management."

He added: "Our focus and our expertise help properties to distinguish themselves, attracting more guests and enhancing their asset visibility.”

The Saudi operations will be run by Valor Hospitality CEO and Head of Business Development for the Middle East, Tapan Piplani.

For more information, visit www.valorhospitality.com

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