Valencia Group

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Valencia Group is a privately held corporation based in Houston that has eight hotel properties in the United States and numerous projects under development.

History[edit]

Valencia Group was founded in the mid-1990s by Doyle A. Graham, Sr., who was the managing director of the Hotel Galvez in Galveston in the late 1950s and early 1960s.[1][2] His son, Doyle A. Graham Jr., serves as President and CEO.[3]

In 2001, Federal Realty Investment Trust leased a site to the firm to develop an independent hotel on the San Antonio River Walk. It received a 99-year lease on the space, and opened Hotel Valencia Riverwalk in 2003. The hotel was included in Condé Nast Traveler magazine’s list of the world’s Top 100 new hotels in May 2004.[4] Its success led the group to open Hotel Valencia Santana Row in San Jose, California. In 2009 Hotel Sorella CityCentre was launched in Houston in the mixed-use urban CityCentre development. In 2013 Hotel Sorella Country Club Plaza was opened in Kansas City, MO and the Lone Star Court opened in the Domain mixed-use project in Austin, TX.[5]

The group took over management of the Lancaster Hotel in downtown Houston in 2005 but declined to renew the management commitment after their three-year management agreement expired.[6] In 2017 the firm opened three hotels with Midway Development in downtown Houston and College Station, Texas: the 222-room Hotel Alessandra at the intersection of Dallas and Fannin streets in the GreenStreet mixed-use development downtown Houston. In College Station, home of Texas A&M University, Valencia developed the 141-room Cavalry Court and Midway developed the 162-room The George, both in the Century Square mixed-use project in College Station. That same year the Hotel Sorella Country Club Plaza was sold by the owner Van Trust and the name was changed to La Fontaine. In 2018 Valencia opened the 152-room Texican Court in the Las Colinas neighborhood of Irving, TX. In 2020, Valencia has plans to open the 169-room Cotton Court in downtown Lubbock, TX.[7][8]

Valencia Group is a well respected independent hotel developer, owner and operator of upper-upscale and luxury hotels, both for their own account and third parties. In 2018, both Valencia’s and Hotel Sorella CITYCENTRE were rated by Condé Nast Traveler magazine’s Readers’ Choice Awards. More than 300,000 travelers took part in the 31st annual Readers' Choice Awards survey, the most in its history. Hotel Valencia Riverwalk and Hotel Sorella CITYCENTRE were ranked in the top 15 in Texas and Hotel Valencia Santana Row was ranked #1 in San Jose. Smith Travel Research places Valencia Group in the Luxury Chain Scale.

In addition to Doyle A. Graham Jr, President and CEO, the principals at Valencia Group include Jeff Rawson - Managing Director; John Keeling - Executive Vice President; David Miller - Chief Financial Officer; and Roy Kretschmer - EVP Operations.

References[edit]

  1. ^ Overnight growth
  2. ^ The Valencia Group Takes Over Management of the Lancaster Hotel in Downtown Houston
  3. ^ Valencia Group Promotes Roy A. Kretschmer to EVP Operations
  4. ^ Overnight growth
  5. ^ Valencia Group Website
  6. ^ The Valencia Group Takes Over Management of the Lancaster Hotel in Downtown Houston
  7. ^ Media, Sarah Self-Walbrick A.-J. "Cotton Court: Boutique hotel coming to downtown Lubbock". Lubbock Avalanche-Journal. Retrieved 2020-01-29.
  8. ^ "Valencia Hotel Group bringing Cotton Court to Lubbock". KLBK | KAMC | EverythingLubbock.com. 2019-10-28. Retrieved 2020-01-29.

External links[edit]