Management company, Valor Hospitality Europe, has been appointed to manage a further three hotels, taking its UK portfolio to 20 properties in total.
Valor has added Hotel Indigo in Liverpool (pictured above), Ramada Manchester in Salford Quays and Ramada Birmingham City to its high profile group of hotels. The company also has a healthy pipeline of new opportunities, which it will be announcing in the coming months.
Valor was formed in November 2014 to manage what was previously QMH UK Limited and in nine months the UK-based company has gone from managing 11 hotels to 20 and is now experiencing a period of rapid growth.
Brian McCarthy, managing director of Valor Hospitality Europe, said: “We are very proud of the significant progress that we have made in the last nine months. We are in the process of making a number of key appointments so we are adding to our team as well as to our hotel portfolio, which is fantastic for the business.
“All three new hotels represent excellent opportunities for Valor going forward. The Hotel Indigo in Liverpool is the first hotel we have managed under the Indigo banner and we are excited about working with this boutique brand and continuing our relationship with IHG.”
About Valor Hospitality
Valor Hospitality Europe is an extension of USA based Valor Hospitality Partners, which operates properties on the East Coast of the United States and Valor’s sister company, PMR Hospitality Partners, based in Cape Town, that manages a portfolio of properties in South Africa.
Valor operates independent hotels, resorts and branded properties and enjoys a strong working relationship with many of the major brands, including IHG, Hilton, Marriott and Starwood.
Valor manages the 20 properties in its UK portfolio on behalf of investment vehicles affiliated with MCAP Global Finance Ltd. (“MCAP”), which is a UK subsidiary of New York based investment adviser Marathon Asset Management, LP.