Saudi Tourism Development Fund sings agreement with Hyatt Hotels

Friday, May 19, 2023

The Saudi Tourism Development Fund on Thursday has signed a contract with Hyatt Hotels to set up luxury hotels all through the Kingdom, Saudi Press Agency reported on the same.  

The CEO of the Tourism Development Fund, Qusai Al-Fakhri, said that they are conceited to develop their base in terms of strategic partner, which includes different impressive international brands and names related to hospitality and tourism sectors. 

He also said that their affiliation with the Hyatt Group will strengthen their initiations to branch out the tourism and hospitality sectors of the Kingdom, and draw more visitors as well by offering them with exclusive and superlative experiences in all the top tourist destinations of Saudi Arabia.

The regional vice president of development for the Middle East and Africa Ludwig Bouldoukian, at the Hyatt Hotels, said that Saudi Arabia in Middle East is the biggest up-and-coming market and has made immense advancement in different sectors, including hospitality and tourism. 

They greet this collaboration and think that it’s a major chance in terms of expanding the distinctive services of Hyatt to local and foreign tourists in the Kingdom.

The Saudi Tourism Development Fund helps tourism related outlay in the Kingdom, with the aim of drawing 100 million visitors by 2030.

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