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10-05-23
Aleph Hospitality to Operate 10 Hotels in Saudi Arabia in Next Three to Four Years
(MENAFN) Dubai-based Aleph Hospitality has announced plans to operate 10 hotels in Saudi Arabia within the next three to four years, as the Kingdom shows dramatic progress in the travel and tourism sector. Bani Haddad, founder and managing director of the group, said that Saudi Arabia has tremendous opportunities in the hotel industry, not just in main cities but also in secondary and tertiary cities. He emphasized the importance of having a local presence in the Kingdom and announced the opening of Aleph Hospitality's office in Riyadh last month to service its Saudi Arabian operations.
Haddad highlighted that the group is working with government-led initiatives and funds to support investors and local developers in secondary and tertiary cities. Aleph Hospitality's plan is to have 10 operating hotels in Saudi Arabia within the next three to four years. Tariq Yousef Dowidar was appointed as vice president for Saudi Arabia in March to lead Aleph Hospitality's operations in the Kingdom. Dowidar, who has 26 years of hospitality experience and was most recently the area general manager for IHG hotels and general manager of InterContinental Riyadh, will be the key representative of the company in Saudi Arabia.
The expansion of Aleph Hospitality in Saudi Arabia reflects the Kingdom's increasing importance in the travel and tourism sector. The group's plan to operate 10 hotels in the next three to four years indicates the tremendous opportunities available in the hotel industry, not only in main cities but also in secondary and tertiary cities. Aleph Hospitality's emphasis on having a local presence and working with government-led initiatives and funds reflects the Kingdom's commitment to developing the sector and diversifying its economy. With Tariq Yousef Dowidar leading its operations in Saudi Arabia, Aleph Hospitality is well-positioned to achieve its plan of expanding in the Kingdom.
MENAFN10052023000045014228ID1106215627
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