The hotel management business is fundamentally changing, according to Euan McGlashan, co-founder and managing partner of Valor Hospitality Partners. It’s more common today for management companies like Valor to align themselves with large equity group that are actively buying, selling, and rebuilding. “That’s really how we’ve seen the growth in our business and how we’re going to continue to grow,” McGlashan says. Here are some other shifts in the business he has seen recently that will continue into 2017.
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