Dubai’s Al-Habtoor eyes entry into Saudi hospitality sector

06/08/2018 Argaam

 

Al-Habtoor Group, a Dubai-based hotelier and leisure group, is planning to tap into Saudi Arabia's booming hospitality sector, Arab News reported, citing company CEO and vice chairman Mohammed Al-Habtoor.

 

"I see big potential for the hospitality business there. We are in contact with potential business partners and plan to take it further after the summer. Saudi is very interesting for us," he said.

 

Al-Habtoor will go on a “fact-finding mission” soon and is already in talks with potential business partners.

 

Last week, Alpen Capital said the Kingdom's hospitality market is expected to grow at a CAGR of 6.5 percent between 2017 and 2022 to $21.3 billion.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read