(L-R) Tony-Romer-Lee, Graham Wood, Euan McGlashan, and Michael Pownall
PMR Hospitality Partners, a South African-based, award-winning full-service hospitality management and advisory company, is merging with Atlanta- based Valor Hospitality Partners, which was formed by Euan McGlashan and Steve Cesinger in 2012. Terms of the merger were not disclosed.
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 under management across Africa as well as multiple Asset Management and Advisory contracts – including Spier Wine Estate, Garonga Safari Camp, The Lord Milner Hotel, De Hoek Country Hotel and Durban Club Place – PMR Hospitality Partners has an established portfolio of award-winning prestigious properties.
Valor Hospitality Partners Founder McGlashan noted: “We all realized 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.”
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. 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. 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.
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, according to McGlashan.
About Valor Hospitality Partners
Valor Hospitality Partners is a full-service hotel acquisition, development, management and asset management company offering an array of services including site selection, product selection, entitlements, financing solutions, conceptual design, construction and project management, procurement, technical services, pre-opening management and operations management. As a comprehensive service provider, Valor Hospitality Partners can be engaged to plan and oversee ground-up developments; refurbish existing properties and assist ownership in positioning; as it relates to decisions on remaining independent specifically, find and secure a brand or in some cases re-brand and re-position through franchise or asset management. Valor Hospitality Partners also offers consulting services on a wide range of project scenarios including working with new or existing ownership groups on reviewing site selection, assessing feasibility studies and project budgets, compiling project budgets and underwriting.
For more information: www.valorhospitality.com
Valor Hospitality Partners Africa operates out of Cape Town and Durban, while Valor Hospitality Partners US operates from offices in Atlanta and Memphis; Valor Hospitality Partners UK/Europe operates from London and Valor Hospitality Partners Asia operates from Bangkok. For more information: http://pmrhospitality.com .
