Valor Hospitality Partners, a global player in full-service hotel management, has inked a hotel management agreement with Dubai-based Karmastaji Group.

The company will oversee a portfolio of three hotels, comprising 259 keys and five outlets in Dubai.

Valor Hospitality Partners Middle East, Africa, and Central Asia co-founder and managing partner Julien Bergue said: “We are proud to partner with Karmastaji Group, a forward-thinking developer with a robust pipeline of projects aimed at elevating hospitality investments and modern living standards in the UAE and GCC region.

“At Valor, our mission is to contribute to the UAE’s hospitality success story by delivering operational excellence and sustainable growth. Together, we aim to achieve exceptional results aligned with the visionary goals of Dubai’s tourism and hospitality sectors.”

The partnership aims to leverage Valor’s services, such as acquisition advisory, branding, asset management, and food and beverage innovation, to ensure long-term value creation and success for its partners.

Karmastaji Group chairman Rashed Karmastaji said: “Partnering with Valor Hospitality Partners is a strategic step in our journey to expand our portfolio and set new benchmarks in the UAE’s hospitality sector. With Valor’s proven expertise, we are confident in delivering exceptional guest experiences and achieving our current and future business objectives.”

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This decision aligns with Valor Hospitality Partners’ focus on contributing to the UAE’s and Dubai’s 2040 vision.

This commitment is further strengthened by the recent appointment of Patrick Antaki as operations vice president in the Middle East, effective as of this month.

Antaki brings more than three decades of hospitality industry experience to the role, having held senior management positions with brands such as Hilton, Le Méridien, and Forte Hotels, as well as leadership roles at Al Maha Desert Resort & Spa and Le Méridien Al Aqah Beach Resort.