Gulf Hotels Group, a hospitality management company with more than 50 years of industry experience, has announced its expansion into the thriving market of Saudi Arabia.
As part of its growth strategy, Gulf Hotels Group has identified its expansion into Saudi Arabia as a priority market. The group has recently established a subsidiary company in the Kingdom, following the approval from the Ministry of Commerce in Saudi Arabia. The group is currently in the process of opening a representative office in Riyadh, to accelerate its expansion plans, enhance its presence and provide a wide range of hospitality services. This move comes in line with the Saudi Vision 2030 initiative, which aims to transform the Kingdom into a global tourism destination.
Farouk Almoayyed, chairman of Gulf Hotels Group, said: “Our expansion into Saudi Arabia is a strategic move that goes in line with our long-term growth plan. We see great potential in the Saudi Arabian hospitality market, and our regional representative office in Riyadh will serve as a hub for offering our best hospitality services and forming long-term partnerships. We are committed to delivering exceptional hospitality experiences and contributing to the development of Saudi Arabia’s tourism sector.”
