Here is your weekly industry news round-up. Check out the short snippets here and follow below for more details.
- Saudi Arabia investing $800bn in tourism by 2030
- Sofitel Dubai The Palm enhances luxury with a signature collection
- Dubai Hospitality success, NEOM news, and Ajman tourism initiatives
- Sri Lanka welcomes Indian tourists with visa-free travel
- UAE hotel revenue surges 24% to $7 billion in 7 months
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Saudi Arabia investing $800bn in tourism, targets 100m tourists by 2030
Saudi Arabia is investing $800bn in tourism and looking to attract 100m local and international tourists by 2030, according to Minister of Tourism Ahmed bin Aqeel Al-Khateeb. He stressed that the Kingdom is the fastest growing among the Group of Twenty (G20) countries in the tourism sector, as the number of tourists has reached more than 30m.
Sofitel Dubai The Palm introduces a signature collection for elevated luxury
Sofitel Dubai The Palm, the epitome of contemporary French elegance on Dubai’s renowned Palm Jumeirah, proudly unveils its luxury Signature Collection of bespoke suites and villas. This boutique hotel experience promises exceptional stays, seamlessly merging the French Riviera charm with the allure of Dubai. Sofitel Dubai The Palm’s pivotal expansion marks a significant milestone in the resort’s unwavering commitment to world-class sophistication, propelling it into unparalleled luxury hospitality.
Dubai Hospitality soars, NEOM project unveiled, Ajman tourism innovates
The first expert panellists for our next Hospitality 3.0 conference can now be revealed. During the event, expert panellists will discuss topics such as tackling food and water waste, maintaining profits and quality while costs rise, the appetite for fine dining and making Abu Dhabi a year-round tourism success story.
Sri Lanka welcomes Indian tourists with visa-free travel
Sri Lanka has announced visa-free entry for Indian tourists under a pilot project that has begun with immediate effect until March 21, 2024. The Sri Lankan cabinet proposed an e-ticketing system for most of the tourist sites in the country soon. Apart from India, China, Russia, Malaysia, Japan, Indonesia and Thailand are also added to the list of countries in the pilot project, according to the announcement made by Sri Lanka’s foreign affairs minister.
UAE hotel revenue surges 24% to $7 billion in 7 months
Hotels in the United Arab Emirates have seen a substantial 24 percent increase in revenues, totalling US$$7.08 billion, in the first seven months of 2023. This surge was revealed by Abdullah bin Touq Al Marri, Minister of Economy and Head of the Emirates Tourism Council, during a council meeting. During this seven-month period, the country hosted 16 million guests, marking a growth of more than 15 percent compared to the previous year.
That’s all folks!