PMR Hospitality Partners Announces Global Merger with Valor Hospitality Partners
CAPE TOWN, South Africa, 27 September 2018 – PMR Hospitality Partners, a South African-based award-winning full-service hospitality management and advisory company, is delighted to announce its merger with Valor Hospitality Partners, which was formed by Euan McGlashan and Steve Cesinger, in Atlanta, United States (US), in 2012.
PMR Hospitality Partners, formed in 2013 by Co-owners and Managing Partners Tony Romer-Lee, Euan McGlashan, Michael Pownall and Graham Wood, has grown substantially on the African continent over the past five years and will now operate as Valor Hospitality Partners Africa.
With five properties across Africa – including Spier Wine Estate, Garonga Safari Camp, The Lord Milner Hotel De Hoek Country Hotel – PMR Hospitality Partners has an established portfolio of award-winning prestigious properties that is set to expand with the Blaauwberg Beach Hotel, opening in late 2018. The 140-room hotel and conference facility were built over a nine-year period and offer breathtaking views of False Bay and Table Mountain.
Valor Hospitality Partners manages more than 40 hotel projects on four continents (North America, United Kingdom (UK)/Europe, Africa and Asia) with another 10 properties in the pipeline. Most recently, Valor Hospitality Partners Asia opened an office in Bangkok, Thailand. Valor Hospitality Partners shares systems, processes, critical industry thinking and intellectual capital between senior executive staff and most importantly, global strategic leadership across the four continents. This unique offering makes Valor Hospitality Partners the most desirable purchase and ‘go-to’ management company for hotel owners.
Driven by a pioneering world-class guest experience, foundational employee culture and engagement, all wrapped in commerciality, Valor Hospitality Partners is committed to delivering strong owner returns.
With experiences ranging from small luxury boutique hotels and game reserves to independent resorts and city hotels, Valor Hospitality Partners has a diverse portfolio of exceptional properties.
Additionally, enjoying preferred management status and multiple international brand approvals to operate under franchise agreements, Valor Hospitality Partners is positioned to offer southern African hotel owners and developers significant commercial benefits via franchising rather than just brand-operated benefits or leasing.
Valor Hospitality Partners Founder Euan McGlashan noted: “We all realised that joining forces globally made perfect sense and, in a business where multiple management companies exist yet none with our full-service strength, professionalism and abilities, merging was a massive win-win for both parties. Our perfectly aligned core values of integrity, courage, transparency and tenacity along with our combined owner-centric views of delivering award-winning employee engagement and culture wrapped in a top- and bottom-line commerciality mindset, mean we could not be more pleased to have found a partner with such a strong cultural fit with a longstanding, highly regarded reputation in the hospitality industry.”