Saudi Arabia's Tourism Development Fund (TDF) and Karisma Hotels & Resorts International signed a Memorandum of Understanding (MOU), exploring opportunities for developing luxury resorts in Saudi Arabia. The signing took place on 17th April at the International Hospitality Investment Forum (IHIF) in Berlin.
The Saudi Ministry of Tourism is currently taking a prominent stage at the International Hospitality Investment Forum (IHIF), presenting a unique opportunity for global investors to dive into the thriving tourism landscape of the Kingdom. With the spotlight on the Tourism Investment Enablers Program (TIEP), that was recently announced, Saudi Arabia is aggressively pushing towards its Vision 2030 goal of being a top global tourism destination for investors and tourists alike.
Helped by the annual Saudi Arabian Grand Prix, Jeddah’s hotel industry reported performance growth across the metrics, according to March preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
Six Senses, part of the IHG Hotels & Resorts luxury and lifestyle portfolio, and Select Group, a renowned real estate developer headquartered in Dubai, have signed an agreement to launch Six Senses Residences Dubai Marina. This further solidifies the successful partnership that has already launched the award-winning Six Senses Residences The Palm, Dubai, which will also be home to Six Senses Place, the first wellness and social club in the United Arab Emirates.
This documentary series combines the best of two worlds: love boat-style glam events as well as behind-the-scenes exclusive access onboard the world’s most famous ship, recently transformed into Dubai’s most extraordinary hotel in one of the grandest acts of modern-day upcycling.
Jeddah Historic District today launches the restoration and regeneration of three historic properties in Al Balad into heritage hotels, an area of great historical and cultural significance on the West Coast of the Kingdom of Saudi Arabia, with UNESCO heritage protection. The hotels are part of Jeddah Historic District Program, under the Ministry of Culture, which has paved the way in the regeneration of the old town of Al Balad. Named House of Jokhdar, Kedwan and Al Rayess, each hotel has been carefully reinvigorated with the work of historians and the knowledge of locals, utilising local artists, carpenters and architects as well as locally sourced products. The three properties thoughtfully reflect their original layout and design whilst offering luxurious and effortlessly chic modernity.
A series of events pushed all-time high occupancy levels in Dubai, according to February preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
The World Travel & Tourism Council (WTTC) commends Saudi Arabia on the announcement of its Tourism Investment Enablers Program (TIEP). This program will create a more attractive investment landscape in the Kingdom of Saudi Arabia, making it easier and more cost-effective for international and local investors to do business.
The Saudi Minister of Tourism, His Excellency Ahmed Al-Khateeb unveiled a program that will significantly boost the country's fast-growing tourism sector.
Boutique Group, the pioneering ultra-luxury hospitality group in the Kingdom of Saudi Arabia, is pleased to announce its participation at ITB Berlin, the world’s leading travel trade show. This prestigious event, scheduled for March 5-7, serves as the perfect platform for Boutique Group to showcase its commitment to preserving Saudi Arabia’s rich heritage while redefining the luxury hospitality experience.
The World Travel & Tourism Council (WTTC) congratulates Saudi Arabia’s achievement of welcoming over 100 million tourists, a milestone achieved seven years ahead of its original schedule, signifying the Kingdom's innovative leadership and commitment to transforming the global Travel & Tourism sector.
In a testament to its strategic vision and robust sector growth, the Kingdom of Saudi Arabia has welcomed over 100 million tourists, marking a significant milestone in its journey to become a global tourism powerhouse.
The Board of Directors of NEOM has announced Elanan, an exclusive guest retreat that redefines luxury and well-being experiences, set in the heart of nature. Its announcement marks the latest addition to NEOM – the evolving sustainable development taking shape in northwest Saudi Arabia.
Rotana announced its expansion plans in the Kingdom of Saudi Arabia during the second edition of the Saudi Tourism Forum (STF).
The 2024 edition of the Future Hospitality Summit (FHS) Saudi Arabia, which is set to take place at Mandarin Oriental Al Faisaliah, Riyadh from 29 April to 1 May 2024, has confirmed the first speakers for the region’s leading hospitality investment platform.
DQ, an Abu Dhabi-based investment and holding company, and ADNEC Group (“ADNEC”) today announced the signing of definitive agreements for the strategic acquisition of a 40.5 percent stake in Egypt-based Talaat Moustafa Group Holding’s (“TMG Holding”) hospitality arm, ICON Group (“ICON”) through a capital increase. ADQ and ADNEC will invest through a special purpose vehicle, with 49 percent equity ownership by ADQ and 51 percent equity ownership by ADNEC.
Helped by COP28 and New Year’s Eve, Dubai’s hotel industry reported its highest monthly average daily rate (ADR) on record, according to preliminary December data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
For the first time IHG Hotels & Resorts is collaborating with MDLBEAST– a leading entertainment company rooted in music culture in Saudi Arabia to serve as a key partner across various festivals in the kingdom.
The Board of Directors of NEOM has announced Norlana, an ultra-modern active lifestyle community, as the latest addition to the evolving regional development in northwest Saudi Arabia.
After the record-breaking and buzzing success of the 2023 edition of the Future Hospitality Summit (FHS) Saudi Arabia, which saw over 1,100 delegates from 35+ countries attend, the Kingdom’s most influential hospitality investment event returns to Al Faisaliah Hotel in Riyadh from 29 April to 1 May 2024.