Official: Saudi has 'paved the way' for 75 hotels
An official from the Saudi Commission for Tourism and National Heritage said he expects up to 75 developments in the kingdom by international hoteliers in the future
International hoteliers are expected to build and operate up to 75 establishments in Saudi over the next few years, a senior official of the Saudi Commission for Tourism and National Heritage (SCTH) said.
Salah Al-Bakheet Al-Talib, deputy chairman of the commission, added: "The commission has paved the way for the arrival of these international companies through the organisation and development of the hotel industry in the Kingdom."
Talib also said that the entry of international hotel operators in the Kingdom would raise the quality of the market, enrich variety, and expand available choices that would cater to the needs of tourists and visitors.
According to Talib, Schweppes will make a strong entry into the Kingdom with 40 to 50 hotels to be distributed, owned, and operated in various regions.
“These companies will make our tourism extremely attractive and enable us to compete on both the regional and international levels,” he added, according to Saudi Gazette.
In the next three to five years, InterContinental Hotels Group (IHG) expects to introduce 25 new hotels in the Middle East.
Its current portfolio of hotels includes 78 hotels, including its 2015 introduction of the world’s largest Holiday Inn in Saudi Arabia, with 5,154 rooms.