Saudi Arabia – Adding to its list of partners, the Tourism Development Fund (TDF) has announced the signing of an agreement with the Hyatt Hotels Corporation to develop luxury hotels in the Kingdom of Saudi Arabia.
The agreement aims to create a number of tourist-led attractions that will boost tourism in Saudi Arabia. These can be beach and town hotels, as well as mountain, desert and farm resorts.
They will be created under the existing brands of Hyatt, such as Alila Resorts, which offers real health facilities, or other brands such as Park Hyatt, Hyatt Centric, Grand Hyatt and any other brand of Hyatt that has partnered with organizations, reports. SPA.
The development of these hotels will be part of the Kingdom’s National Tourism Strategy and in line with Saudi Vision 2030, it said.
On the agreement, the CEO of Qusai Al Fakhri, said: “We are connecting with a wide range of tourism, hospitality, and business travel sectors as we continue to expand our network of partners. This agreement with Hyatt will help us attract tourists and ensure that they receive the best experience.” and the best, the best in the Kingdom’s top tourist attractions.”
Hyatt has one of the world’s largest hotels and resorts, focused on luxury travelers in every segment it operates, and is constantly expanding its brand.
It has established a leading position in industry, lifestyle, and entertainment in Europe, the Middle East, and Africa, contributing significantly to its global expansion.
Vice President, Development (Middle East and Africa) Ludwig Bouldoulian, said: “Saudi Arabia is the largest emerging market in the Middle East and has made significant progress in all sectors to support its economy.”
“The country has been recognized as one of the fastest growing tourist destinations in the world and we see this as a great opportunity to expand the Hyatt brand image while providing superior service and attention to both luxury and international travelers,” said Bouldoukian.
Starting in 2020, one year after Saudi Arabia opened its doors to foreign tourists, the TDF has become the primary way to promote tourism in the country, with the goal of attracting one million tourists by 2030, he said. SPA report.
The fund aims to provide capital and expertise to businesses around the world who want to invest in ten key areas in Saudi Arabia that offer great prospects for tourism, it added.
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