Tag Archives: KSA

Hilton announced it has signed two hotels under its flagship Hilton Hotels & Resorts and lifestyle Canopy by Hilton brands in Abha city’s iconic The Point development. Hilton The Point Residences and Canopy by Hilton The Point will feature a combined total of 250 guest rooms, suites, and residences, paired with state-of-the-art facilities for guests to enjoy. The shared amenities are complete with an indoor pool, fitness centre, spa, multiple dining outlets, and a children´s pool and kids club. The hotels will also be well-positioned to cater for large-scale leisure and business events, with 600 square metres of outdoor event space, a 500-square-metre ballroom, and 250 additional square metres of meeting space. The properties have been signed with Red Sea Aseer Fund, a fund made up of unitholders from Red Sea Markets and the Tourism Development Fund, and a project developed by SEDCO Development and managed by Saudi Fransi Capital. The announcement follows the signing of Hilton´s Memorandum of Understanding with the Saudi Tourism Development Fund to develop iconic leisure tourism destinations in Saudi Arabia. Work on Hilton The Point Residences and Canopy by Hilton The Point has already received a number of prestigious accolades, particularly for the interior design of the properties, winning “Highly Commended” in the Saudi Commercial Interior Design Awards, Interior Design of The Year: Concept category; “Best Future Concept” in the Commercial Interior Design Awards: Hospitality category; as well as “Highly Commended” in Global RLI Awards, RLI Future Project.  

GuestReady announced its official launch in Saudi Arabia with the opening of the company’s Riyadh office. The company’s entry into the Kingdom means that GuestReady now offers short-term rental property services in over 63 cities globally. The office is the second in the Middle East following Dubai in the United Arab Emirates, which launched in 2016. According to GuestReady’s GCC Managing Director, Reem Al Khatib, the company chose to expand to the Kingdom due to it’s thriving real-estate sector and rapidly growing travel & tourism industry: “Domestic tourism has always been strong in Saudi Arabia and now, with international travel set to play a more significant role to the Kingdom thanks to Vision 2030, we see a tremendous opportunity to not just support guests, investors and property owners, but also the sector as a whole.” Under Vision 2030, the country plans to reach 100 million tourists annually by 2030, and along with it, contribute 10% to the country’s GDP and create one million jobs in the tourism industry. With a full team of property managers, including interior designers, onboarding and support staff, GuestReady’s Riyadh office is set to help boost Saudi investors and property owners’ returns through world-class technology and expert, local advice and end-to-end support. GuestReady’s launch in the Kingdom is also set to elevate guest-experience for both domestic and international tourists, and short to mid-term renters who choose to stay in GuestReady-managed short-term rental properties. Along with local expertise powered by global best-practice, GuestReady is also introducing its innovative proprietary platform and property management system (PMS), RentalReady to Saudi Arabia. RentalReady offers all-in-one functionality for managing short-term vacation rentals to both property owners and managers, as it also …

Massar Solutions (Massar) based in the United Arab Emirates, opened its first office in Saudi Arabia. This strategic move marks a significant milestone in Massar’s ongoing expansion across the Middle East, as it aims to become the largest vehicle leasing and mobility group in the region. With its deep expertise in mobility solutions, Massar Solutions has established itself as a trusted partner for businesses and individuals seeking reliable and efficient automotive services. The decision to expand into Riyadh aligns perfectly with Massar’s vision of providing comprehensive vehicle leasing, rental, passenger transport, logistics, and automotive technologies to corporate, government, and consumer markets throughout the Middle East. Massar is thrilled to reveal that it has already secured its first strategic customer account for vehicle leasing in Saudi Arabia, partnering with a large well-known entity. This collaboration demonstrates the diverse range of industries that can benefit from Massar’s flexible and tailored mobility solutions. Richard Sikkel, CEO of Massar Solutions, expressed his enthusiasm for the company’s expansion strategy, saying, “We are extremely proud to establish our presence in Riyadh, a city known for its vibrant business environment and dynamic market. This step solidifies Massar’s commitment to providing cutting-edge mobility services to the Middle Eastern region. By leveraging our significant market experience, we are poised to introduce leading solutions that will revolutionize the way individuals and businesses approach mobility in the Kingdom.” Mr. Eric van Vliet, Managing Director of Saudi Arabia, commented, “The opening of our office in Saudi Arabia represents a significant milestone for Massar Solutions in the Middle East. We are excited to bring our extensive range of mobility solutions to the Kingdom of Saudi Arabia, and we look forward to partnering with …

According to musafir.com, this summer around 50% of UAE residents are focusing on leisure holidays, while 25% are considering combining leisure travels with a visit to their home country, and 25% will be visiting their home countries. Despite the summer being a time when residents often visit their home countries, it does not deter them from planning leisure trips this year. Many individuals are also opting for two breaks: a short one for the upcoming Eid Al-Adha break at the end of June, followed by a longer one in July or August. There has been a significant increase in the demand for group tours and holiday packages during the upcoming Eid Al-Adha holidays. Compared to the Eid-Al-Fitr break, demand has risen by 47%, and it has surged by 35% compared to last year’s Eid-Al-Adha. This year, with Eid Al-Adha and the school summer holidays coinciding, more people are planning longer vacations. Leisure travelers prefer group departures due to well-designed itineraries, value-for-money deals, direct flights, visa assistance, and hassle-free booking. Taking advantage of their annual leave, people combine these long breaks to enjoy extended vacations. When it comes to exploring new places, travelers prefer visa-hassle-free destinations such as Kenya, Thailand, Singapore, and countries in the Commonwealth of Independent States (CIS) like Azerbaijan, Armenia, Georgia, Kazakhstan, and Kyrgyzstan. Another emerging trend is the preference for combo deals, where neighbouring countries or different locations within the same country can be visited together. Popular choices include Singapore-Malaysia, Bangkok-Pattaya, Switzerland-Paris or Italy, and Georgia-Armenia or Azerbaijan. Raheesh Babu, COO of Musafir.com said, “There is a significant increase in travel inquiries for European countries, with an expected 30% of leisure travelers heading to Europe. Switzerland, France, …

Hilton announced it has signed a memorandum of understanding (MoU) with the Saudi Tourism Authority (STA) towards exploring cooperation opportunities between the two entities and developing creative content, with the aim of attracting visitors from key markets across the Middle East and Africa to the Kingdom. Signing this MoU comes as part of the STA’s ongoing commitment and efforts to forge strong partnerships with key players in Saudi Arabia’s tourism ecosystem, working closely with these partners to promote destinations in the Kingdom and provide inspiring tourism experiences. This most recent partnership also highlights Hilton’s presence and growth in Saudi Arabia, where it currently operates 16 hotels – with another 51 in the pipeline and plans to grow its portfolio to more 75 hotels in the coming years. “We are very excited to sign this agreement, which comes in alignment with Hilton’s longstanding relationship with the Saudi Tourism Authority over the years and is a reiteration of our commitment towards the tourism sector in the Kingdom,” Ajami said. “Through this partnership, we aim to attract travellers from the Middle East and Africa who are looking to explore the Kingdom’s diverse tourism offerings while staying with a global hospitality brand they know and trust.” “This Memorandum of Understanding with global hospitality leader, Hilton, aligns with our strategy to partner with key international brands and corporations that are working in alignment with our vision, attracting new segments of regional tourists and helping us achieve our 2030 objectives,” said Abdulkarim Al-Darwish, CEO of the Middle East and African Markets, STA. Hilton’s portfolio in the Kingdom includes iconic properties such as the Waldorf Astoria Jeddah – Qasr al Sharq, Conrad Makkah, Jeddah Hilton and Hilton …

IHG® Hotels & Resorts signed a Master Development Agreement (MDA) with Tashyid for Hotel Operations, which will see the development of 12 hotels and 2,500 keys under the Holiday Inn Express brand across the Kingdom of Saudi Arabia. With Ministry of Tourism encouraging such investments in the Kingdom, the signing took place in the presence Mr. Mahmoud Abdulhadi, Deputy Minister for Destination Enablement. The agreement will allow IHG to expand and diversify its mainstream offering across Saudi Arabia, in line with the demand being created by initiatives under Saudi Vision 2030. As a world-renowned brand, Holiday Inn Express champions simple, smart travel by providing a launch pad for guests to make their connection and is highly suitable and well-positioned for new-age smart travellers visiting Saudi Arabia across business, leisure, and meetings segments, including Saudi’s biggest and growing demographic of millennials and Generation Z travellers. As part of the agreement, IHG has also signed the first Holiday Inn Express hotel with Tashyid for Hotels Operations Limited which will debut the brand in Jeddah by June 2025. Marking a key milestone for the brand in the Kingdom, the 300-room hotel will be located on Al Madinah Road, one of the busiest areas in the city. Providing a best-in-class experience, guest rooms at Holiday Inn Express Jeddah will feature amenities such as high-speed WiFi, smart TVs, premium bedding, and pillow options to ensure guests have a restful stay. The hotel will also offer signature complimentary ‘Express Start Breakfast’, speedy check-in, and power showers to ensure guests are recharged for the day. Known for its success in the upper-midscale segment and understanding of the ‘Next Gen Smart traveller’, Holiday Inn Express hotels in Saudi …

Wego announced its partnership with flyadeal to offer its users the chance to directly book flights on flyadeal through its platform. The new partnership includes all flyadeal flights to Wego’s marketplace where users can book directly with the airline. Wego is looking to provide its users with a wider choice of airlines to book from, by adding such a renowned airline to its portfolio. Con Korfiatis, flyadeal Chief Executive Officer, said: “We are delighted to partner with Wego, the biggest and renowned online travel marketplace in the MENA region. This collaboration will allow our customers to directly book flyadeal’s wide choice and growing number of flights through Wego’s platform, giving us the opportunity to distribute our products to a bigger audience, and showcase our competitive everyday fares. This partnership will further enhance our customers’ travel experience and help us to better serve them.” Additionally, Wego’s users will benefit from flyadeal fares which will be promoted across all Wego’s marketing channels and will be able to search and book the most competitive deals online. Ross Veitch, CEO and Co-founder of Wego, said: “As the largest online travel marketplace in MENA we are delighted to announce our partnership with flyadeal, the fastest growing airline in KSA. We look forward to offering flyadeal’s attractively priced fares to Wego’s audience both in The Kingdom and also across our regional points of sale as flyadeal opens new international routes.” MENA is a key market for Wego, and always tops the searches from this region. flyadeal, one of the youngest and fastest growing low-cost airlines in the Kingdom of Saudi Arabia and Middle East, continues its expansion to the region. flyadeal currently operates scheduled flights to 17 …

Saudi Arabia’s Tourism Development Fund (TDF) announced the signing of a financing agreement with Shada Real Estate Development and Investment Company. The agreement is to establish a 4-star boutique hotel featuring 110 hotel rooms in Jeddah, one of the targeted tourist destinations. The hotel will be designed with a mix of the architectural styles of Makkah region and the local style. The announcement of this agreement coincided with the Future Hospitality Summit – FHIS – held in Riyadh from May 7 to May 9, 2023, which witnessed the presence of a large number of government dignitaries and officials of the tourism and hospitality industry, as well as a group of prominent developers, investors, hotel owners and operators, to discuss the prospects of growth and development of the tourism and hospitality sector in the Kingdom. The hotel will be characterised by its design, inspired by the local style mixed with architectural touches specific to the Makkah region. Shada Development and Real Estate Investment aims to revive, preserve and highlight the essence of the cultures of the various regions in the Kingdom, especially the architectural cultural heritage of the city of Jeddah. TDF’s agreement with Shada Hotels will contribute to the growth of the Kingdom’s economy and achieve the goals set out within the National Tourism Strategy. Qusai bin Abdullah Al-Fakhri, CEO of the Tourism Development Fund, said: “TDF’s purpose is to be the main enabler for investors, in order to serve the objectives of the National Tourism Strategy. This agreement with our partner Shada Company is one of the ways in which the Fund is helping to activate tourism destinations in the Kingdom, which will contribute to supporting investment and motivating …

Rua Al Madinah Holding company signed an agreement with Accor for the operation of multiple premium and luxury hotels within Rua Al Madinah Project, which is currently underway, at the area just east of the Prophet Mosque in Madinah. Under the terms of the agreement, Accor will operate three hotels which would add over 1,000 hospitality units to the city of Madinah, which include 142-keys Fairmont and 120-keys Fairmont residence, in addition to 466-keys Swissôtel hotel and 328-keys Novotel hotel. “We are delighted to partner with a leading hospitality group that’s known in the world over for its bespoke and inimitable style,” said Al Juhani, Rua Al Madinah Holding Company CEO. “The three new brands will enhance the appeal of the project’s master plan and help us offer a broad selection of hospitality options to the city’s visitors, providing something for everyone that meets their need and budget and enrich their experience.” Rua Al Madinah Holding aims to enrich the experience of all visitors to Madinah and contribute to the achievement of Vision 2030’s goals of raising the holy city’s hospitality capacity to be able to accommodate 30 million visitors by the year 2030. The signing took place on the sidelines of Future Hospitality Summit, in Riyadh from 7-9 May. The agreement was signed by Ahmed Al Juhani, Chief Executive Officer of Rua Al Madinah Holding company, and Duncan O’Rourke, Accor’s CEO for the Premium, Midscale, and Economy Division for Middle East, Africa, and Asia Pacific. As one of the world’s largest hospitality groups, Accor operates more than 5,300 properties in over 110 countries.

Dur Hospitality has announced signing a partnership agreement with Smart Zone Real Estate Company. The agreement aims to set up a Limited Liability Company (The Project Company) to construct and operate an innovative hotel in Riyadh. As per the agreement, The Project Company will develop and operate the first full-fledged smart hotel in the Kingdom. The Project Company’s capital will be contributed according to the ownership percentage of each party. Commenting on this milestone, Mr. Feras Albanyan CEO of AQALAT stated: “We are excited to partner on this project with Dur Hospitality, one of the leading national companies in hotel development and operation in the Kingdom.” For his part, Dur Hospitality CEO Mr. Sultan Al-Otaibi stated, “Dur has diligently worked on the studies required to set up The Project Company which will embody Dur’s strategic expansion roadmap and its role in the Saudi hospitality’s digital transformation journey. The hotel will embrace next-generation technologies with ultra-modern digital designs, in line with the top international standards. This JV supports Dur Hospitality’s direction to expand strategic partnerships with leading institutions in the Kingdom to develop top-notch hotels and increase the contribution of the tourism sector to the Kingdom’s GDP, in line with Saudi Vision 2030. Dur is very happy to join hands with Smart Zone Real Estate Company to develop this outstanding project.” The two parties signed an MOU in October 2022, followed by the preparatory studies for the establishment of The Project Company to develop and operate a state-of-the-art hotel in the Kingdom.