The phrase "allow the honour" is correct and usable in written English.
It can be used in contexts where you are granting permission or expressing a willingness to accept a particular honor or recognition.
Example: "I am truly humbled by this recognition, and I would like to allow the honour to be shared with my entire team."
Alternatives: "grant the honor" or "accept the honor".
Franz practiced it for a short time but, deeming the numerous high notes too risky for him to undertake in public, allowed the honour of the premiere to be passed on to another hornist, Gustav Leinhos.
"I was the only one allowed the honour of going in, and I absolutely enjoyed every hour I spent with him there.
Abbott announced on Tuesday the Queen had amended the letters patent constituting the Order of Australia to allow the special honour of knights and dames, on his recommendation.
For all which actions he received a triumph, which brought him no less honour and reputation than the two former ones; for those citizens who before most regarded him with an evil eye, and ascribed his successes to a certain luck rather than real merit, were compelled by these last acts of his to allow the whole honour to his great abilities and energy.
At some late time or other after the Romans had shared with the Italiotes the equality of civil rights, they decided to allow the same honour both to the Cisalpine Galatae3 and to the Heneti,4 and to call all of them Italiotes as well as Romans, and, further, to send forth many colonies amongst them, some earlier and some later, than which it is not easy to call any other set of colonies better.
If you've avoided reviews of Netflix's latest original movie, The Cloverfield Paradox, allow me the honour of telling you it's a hot mess.
Saying grace before dinner, he asked God "to allow the BBC to bring honour and glory to you, Jesus", something that is not, I believe, in the corporation's original charter.
"I am grateful to Mr Whelan for allowing me the honour of managing his club, I was actually at the 2013 FA Cup final with my son so I know first hand about some of the things Wigan have achieved.
After the break he allowed Ward the honour, for the striker to claim his hat-trick from the spot.
