ATLANTA—Kemmons Wilson Companies (KWC) announced that it will merge its hotel management operations—the company’s wholly-owned subsidiary, Wilson Hotel Management, LLC—with Valor Hospitality Partners. In addition, KWC will be making a substantial investment in the combined entity, which, along with the merger, is expected to immediately accelerate Valor’s growth. Neither company disclosed terms of the merger.
The company will be headquartered in Atlanta and London while retaining an office in Memphis. The combined operations will encompass 41 properties in the U.S. and the U.K., with 48 corporate employees and well more than 3,000 team members within the hotels. Several of the projects within the U.S. and U.K. are currently in various stages of development or in the pipeline.
Read the full details in Lodging Magazine!