hotel development agreement

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hotel development agreement

IHG Signs Master Development Agreement With Valor Hospitality Partners Africa for Multiple Franchise Hotels

April 17, 2019

InterContinental Hotels Group (IHG®), one of the world's leading hotel companies, has signed a Master Development Agreement with Valor Hospitality Partners Africa to roll out multiple franchise hotels over the next 10 years, across IHG's portfolio of brands in midscale, upscale and luxury segments. The agreement will see IHG expand its presence in Sub-Saharan Africa, including key countries such as South Africa, Botswana, Mozambique, Mauritius, Ethiopia, Zambia and Kenya. The development adds to IHG's growing pipeline in the Middle East and Africa and cements its position as one of the leading operators in the region. Valor Hospital...

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