Multiple properties from brands including Anantara, Avani, Tivoli and Oaks will open across different regions within the kingdom
The tripartite agreement aims to establish a hospitality investment fund, with a capital of SAR1.5bn, to support the growth of the hospitality and tourism sectors in Saudi Arabia
The project will feature upscale accommodation with more than 150 keys
The implementation is designed to drive automation and integration of TDF’s core functions including banking, finance, HR and procurement
The country expects the tourism industry to contribute more than 10 per cent of its annual GDP and create more than 1 million jobs by 2030