In 1995 – Euan McGlashan was recruited as General Manager of the yet to be built Cape Grace Hotel in the Cape Town Waterfront. Euan and his team oversaw the development and then opened the hotel on time, on budget to critical acclaim. Cape Grace was soon a multiple award winner and not only an instant market leader but amongst the most successful and profitable hotels in the Southern Hemisphere. Cape Grace became world-renowned and in 2000 was voted Best Hotel in the World by Condé Nast Traveler Magazine.
Euan was recruited to the U.S. in late 2000 and oversaw a 4 year dramatic turnaround of the once troubled Barnsley Gardens Resort in Georgia, improving EBITDA by $12MM over that period. Barnsley Gardens went on to be an annual multiple award winner,culminating in being recognized as a Top 3 Best Small Resort in North America.
Following the successful sale of Barnsley Gardens, Euan was recruited to oversee the roll-out of the boutique, stylish and industry changing DAKOTA Hotel brand in the U.K., Europe and the U.S. In addition – he also oversaw the renovation and turnaround of the Columbus Hotel in Monte Carlo, Monaco. Euan successfully developed and opened 4 Dakota Hotels before deciding to remain living in the USA.
Euan subsequently joined Minneapolis-based Wischermann Partners as a partner responsible for overseeing all disciplines from technical services, pre-opening management and principal of Operations. During his tenure as partner, he oversaw the successful project development of six Starwood-branded properties, including three new Sheraton prototypes, a Westin prototype, a Luxury Collection and the seventh ALOFT to open in the USA. Each became brand leaders in their categories with WP soon earning ‘preferred’ operator status from Starwood.
During the downturn of 2008 through 2012, Euan consulted for various groups assisting with all aspects of hospitality and specifically focused on distressed turnarounds and workouts. This included completion of the Sheraton Four Points in Biloxi, Mississippi, Starwood’s first and only hotel in Mississippi, opening during the BP Oil Spill disaster yet quickly becoming both profitable and a top Starwood performer.
In 2012, Euan formed Valor Hospitality Partners with longtime friend and business partner Steve Cesinger and assumed the management and oversight of the repositioning of several distressed hotel properties including the, the Crowne Plaza in Greenville, South Carolina and the Sea Palms Resort in St. Simons, Georgia. Since creating Valor Hospitality Partners in 2012, Euan and his dynamic team have most recently overseen a $10MM hotel conversion in Charlotte, NC to an award-winning Crowne Plaza, undertaken the conversion and development of an award winning Hotel Indigo in Atlanta, Georgia and executed various turnaround scenarios. The US business continues on an aggressive growth path. In 2013 Valor US purchased a U.K. operating platform which today operates 20 hotels and resorts throughout Great Britain. Highlights of U.K. work includes taking an IHG portfolio of underperforming U.K. hotels to the number 1 operated franchise portfolio in Europe and throughout the entire estate; project managingmulti-million pound renovations, upgrades, rebranding and the concepting & development of ‘High Street Retail’ themed restaurants within select Hilton Hotels. Today,ValorGlobal operates 30 hotels between the USA and U.K.
In 2013, Euan also formed PMR Hospitality Partners in Cape Town, South Africa with lifelong friends, Tony Romer-Lee and Michael Pownall, creating a bespoke, unique, full-service management company targeted at filling a huge need gap in the Sub-Saharan African hospitality market. In a short space of the time; the PMR reputation has flourished with the hands on and professional nature of the partners garnering critical acclaim. PMR now manage 5 diverse properties, including proudly operating their flagship wine estate resort – Spier. PMR also consult to several clients seeking deep rooted professional results and expertise with global insights and experience.