The fund is to be utilised for promoting lifestyle hotels and other lifestyle hospitality projects in various tourist destinations within the Kingdom
Tourism Development Fund
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Food & Beverage
Saudi tourism fund signs pact with Spanish hotel chain Melia to set up three hotel projects
The projects, envisaging a total investment of $266.5 million, are to come up in Riyadh, Jeddah and the Eastern Province
Bruce D Wardinski
Tourism Development Fund brings Playa Hotels & Resorts’ all-inclusive concept to Saudi Arabia’s Red Sea
The all-inclusive model offers competitive advantages, including predictable revenue and occupancy, additional revenue through high-margin premium services, and high customer satisfaction
Al Nahla Group
Saudi fund inks deal to build $80m tourism project in Taif
Tourism Development Fund announces partnership with Al-Ameen Real Estate for new mixed-use development in kingdom
Porsche Design
Steigenberger Porsche hotels set for Saudi debut after Tourism Development Fund deal
Deutsche Hospitality set to develop and operate luxury hotel brand in the kingdom following agreement
ennismore
Saudi Arabia, Ennismore mull $400m fund to bring big name tourist brands to Kingdom
Tourism Development Fund signs agreement to explore fund option to bring 12 branded destinations to Saudi Arabia
al baha Saudi Arabia
Saudi’s TDF, Seera partner on first sustainable tourism project
Raghadan Tourist Resort in Al Baha will include a luxury hotel resort to appeal to nature lovers and adventure seekers
Riyad Bank
Saudi Arabia launches new $530m fund to develop tourism destinations
Tourism Development Fund and Riyad Bank unveil Tourism Partners program to provide financing for projects
Prophet's Mosque
Saudi Tourism Fund enlists local bank for $346.7 million project in holy city Medina
The 15 billion-riyal TDF signed an agreement with Medina-based Knowledge Economic City Co. and Public Investment Fund-backed Riyad Bank