Saudi Arabia s Tourism Development Fund (TDF) has signed an agreement with an affiliate of Hyatt Hotels to set up luxury hotels across the kingdom. These destinations may include beach and urban hotels, as well as mountain, desert and farm retreats.
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Saudi Arabia s Tourism Development Fund (TDF) has signed an agreement with an affiliate of Hyatt Hotels to set up luxury hotels across the kingdom. These destinations may include beach and urban hotels, as well as mountain, desert and farm retreats.
Saudi Arabia’s Tourism Development Fund (TDF) announced the signing of a memorandum of understanding (MoU) with MINOR Hotels, a hotel owner, operator, and investor. The MoU aims to jointly develop and operate high-quality hospitality and lifestyle projects focused on mountain resorts, wellness resorts, and urban hotels within the Kingdom, reported the Saudi Press Agency on Tuesday. The first project under this partnership is expected to be announced in the second half of 2023.