Agreements for InterContinental Dammam with Salem Mohammed Al Qahtani, and for Holiday Inn Riyadh Al Malaz with Saleh Alsalamah and Partner Companies.
Major sporting events, including the Tokyo Olympics, and cultural events such as Expo 2020 Dubai are expected to have a positive impact on the sector.
Construction for the Fairfield by Marriott Makkah Al Naseem has already commenced and the hotel is slated to open in 2023.
In December, Millennium Hotels & Resorts MEA revealed its development plans for Saudi Arabia with a goal of operating 25 hotels kingdom-wide by 2025.
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He brings a wealth of experience and will drive the performance of The Pearl island landmark and West Bay’s tallest residence tower to further growth.
In addition to signing nine new hotels in Saudi Arabia in 2019, Hilton opened two new hotels: A DoubleTree by Hilton and a Hilton Garden Inn.
Accor will emphasize how its investment in the country’s future goes beyond hotel development and supports Vision 2030’s goals.
The event will host more than 90 high-profile speakers from companies paving the way in Saudi Arabia’s hospitality investment industry.