The region is well placed to tap into the booming medical and wellness tourism segments, according to Ralph Nader, CEO of Amber Consulting, although a formalized strategic approach is needed to support sustainable sectoral growth.
In the ever-evolving landscape of Saudi Arabia’s hospitality and tourism sectors, recent data from JLL paints a vivid picture of growth and innovation as the government’s investment in tourism development drives the kingdom’s strong performance in the hospitality sector.
With its data-driven approach, Growdash is poised to assist regional restaurants to execute paid and organic growth campaigns confidently and seamlessly across online food delivery channels.
Gilda Perez-Alvarado, the Global CEO at JLL Hotels and Hospitality, leads a specialized team of cross-border investment sales professionals based across the Middle East, Asia-Pacific region, the Americas and Europe. Here, she shares her insights into the hospitality landscape.
Cited in the Travellers’ Choice Awards 2023 by Tripadvisor as one of the most popular destinations, Dubai continues to shine and is already well on track for another bright year. Nagi Morkos, founder and managing partner at Hodema Consulting Services, puts a spotlight on the emirate’s latest plans to boost foreign trade, investment and visitor numbers.
Robust project pipelines, strong sentiment and long-term growth strategies look set to continue driving a sound recovery across the region, although financing and construction headwinds remain disruptive forces in the market. Amr El Nady, head of hotels and hospitality MEA and executive vice president, Global Hotel Desk – JLL, charts the hospitality investment landscape, while also highlighting new market opportunities.
The Public Investment Fund (PIF) has announced the establishment of the Saudi Tourism Investment Company Asfar to support the growth of the country’s tourism sector.