Accor’s Post

Accor's Vision 2030: 45 New Hotels to Transform Saudi Arabia. 🔹 Hospitality Evolution: Accor pledges to revolutionize Saudi Arabia's hospitality landscape with 45 new hotels by 2030, reinforcing its commitment to Vision 2030's transformative agenda. 🔹 Expanding Footprint: From Riyadh to secondary cities, Accor's strategic expansion focuses on diverse market segments, catering to the growing demand for premium, midscale, and economy accommodations. 🔹 Nurturing Talent: Partnering with the Ministry of Tourism and Education, Accor launches "Tamayyaz" program to train over 3,000 local talents, ensuring sustainable growth and community empowerment. 🔹 Strategic Partnerships: Accor emphasizes value-driven collaborations, fostering mutually beneficial relationships with partners and local communities, aligning with its core values and growth objectives. 🔹 Market Insights: Recognizing the rise of leisure travel and demand in secondary cities, Accor anticipates market trends, driving innovation and excellence in guest experiences. 🔹 Empowering Diversity: Celebrating milestones like the first female Saudi GM, Accor champions diversity and inclusion, creating opportunities for all and contributing to Saudi Arabia's socio-economic development. #Accor #Hospitality #Vision2030 #SaudiArabia #HospitalityIndustry #Tamayyaz #Partnerships #CommunityEmpowerment

Let’s talk about Saudi Arabia, one of the worlds fastest-growing #tourism and #hospitality markets. With its rich cultural heritage, rapidly expanding economy and strategic geographical location, the potential to become a powerhouse in the hospitality industry is undeniable. #SaudiVision2030 has confirmed a definitive roadmap for the Kingdom's diversification, with #tourism at the forefront. Accor's involvement in Saudi Arabia transcends mere business #expansion; it is marked by our dedication to forging strategic partnerships, cultivating a diverse portfolio, and aligning with Saudi Arabia's vision for its future. While most new #hotels in the Kingdom are slated for established #destinations, we envision a significant portion of new properties being established in currently underserved markets, with the aim of fostering new tourism hubs across the Kingdom. We look forward to strengthening our already strong commitment to Saudi Arabia. We take pride in playing a part in helping shape the #future of the Kingdom's hospitality industry. Throughout, we remain dedicated to upholding our business principles and respecting the country's rich culture and traditions. I will continue to share #developments within the region, stay tuned! #SaudiArabiaDevelopment #Hoteldevelopments #SaudiTourism

The hospitality industry in Saudi Arabia is poised for a major boom in the coming years. The government is investing heavily in the sector, with plans to attract 100 million visitors per year by 2030. This is driving the construction of new hotels and resorts across the country, as well as the development of new tourist destinations. The hospitality industry is also benefiting from the country's Vision 2030 economic diversification plan. This plan aims to reduce the country's reliance on oil and gas, and make tourism a major driver of economic growth. As part of this plan, the government is promoting Saudi Arabia as a destination for both leisure and business travelers. The hospitality industry in Saudi Arabia is also being transformed by technology. New technologies are being used to improve efficiency, personalize guest experiences, and make it easier for travelers to plan their trips. These technologies are helping to make Saudi Arabia a more attractive destination for visitors from all over the world. As a result of these factors, the hospitality industry in Saudi Arabia is expected to grow rapidly in the coming years. This growth will create new jobs, boost the economy, and help to make Saudi Arabia a more prosperous and diversified country.

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Today, and without a doubt, Riyadh is a vibrant city filled with endless opportunities, not just in the tourism sector, but in every sector that drives the economy. In the past 5 years, and thanks to the Vision2030, Saudi Arabia’s socio-economic transformation has been significant and inspiring to witness. The results of a successful plan are evident, as shown by the country’s positive GDP growth after the pandemic, the highest among the G20 economies, from 3.9% in 2021 to 8.7% in 2022, according to the World Bank latest figures. The Kingdom's hotel sector is expected to grow further by 2030 with an investment size of over $100 billion. The country certainly deserves to host the EXPO 2030, a unique opportunity for international visitors to experience its impressive transformation, rich cultural heritage and extraordinary hospitality, as the warmth and kindness of the Saudi people are second to none, and what is happening in KSA is having a positive impact at a global level. Happy Saudi National day 🇸🇦 https://lnkd.in/eVW99MKR Thank you Arab News World Bank source: https://lnkd.in/eFi2mKqN

The hospitality sector in Saudi Arabia has been experiencing a significant boom in recent years, with an ever-increasing demand for its services. This can be attributed to various factors such as the country's vision of diversifying its economy, promoting tourism, and the rise of international events and conferences being held in the kingdom. With the government's efforts to promote tourism, the number of visitors to Saudi Arabia has significantly increased over the years. In 2019 alone, the kingdom welcomed more than 17 million tourists, and this number is expected to keep growing in the coming years. As a result, there has been a surge in demand for accommodation, dining, and entertainment services from both domestic and international travellers. For more on this boom and how it has affected the area, see: https://bit.ly/3LVu8dO #HBDPartners #Hospitality #SaudiArabia #HospitalityNews

Saudi Arabia to Develop 320k New Hotel Rooms by 2030. 🔹 Hospitality Expansion: Saudi Arabia unveils ambitious plans to bolster its hospitality sector with the development of 320,000 new hotel rooms by 2030, catering to the projected surge in tourism. 🔹 Upscale Offerings: With 67% of the planned supply falling under the "upscale" or "luxury" categories, the Kingdom aims to provide premium accommodations for both domestic and international visitors. 🔹 Strategic Insights: According to Knight Frank's analysis, Riyadh's winning bid to host the 2030 World Expo is expected to inject a staggering $94.6 billion into the nation's capital, attracting an estimated 40 million visitors. 🔹 Economic Implications: The expansion also highlights the need for adequate accommodation for hotel staff, with projections suggesting the requirement for up to 387,000 key workers by 2030. 🔹 Investment Opportunities: Partnering with leading hotel operators like Marriott International presents lucrative opportunities in Saudi Arabia's booming hospitality market. #SaudiArabia #HospitalitySector #HotelDevelopment #Tourism #RealEstate #InvestmentOpportunities #Riyadh

#Events Industry points in #SaudiArabia • Growth Continues: The event industry in KSA continues its robust growth trajectory, fueled by investments in infrastructure and tourism. • Vision 2030 Impact: Saudi Arabia's Vision 2030 remains a driving force behind the expansion of the event industry, with a focus on diversifying the economy. • Mega Events: KSA is set to host mega-events, such as the NEOM Investment Forum and Formula 1 Grand Prix, attracting global attention. • Hybrid Events: The industry embraces hybrid event formats, combining in-person and virtual components, increasing accessibility. • Sustainability Focus: Sustainability practices gain prominence in event planning, aligning with global environmental goals. • Technology Integration: Advanced technology, including AI-driven event management tools, enhances the attendee experience. • Cultural Events: The promotion of cultural festivals and heritage events showcases KSA's rich history and traditions. • Tourism Boost: Events play a pivotal role in boosting tourism, with the opening of new attractions and hospitality facilities. • Investor Interest: Increased investor interest in event venues and related businesses contributes to industry growth. • Local Talent: A focus on developing local event management talent is observed to support the growing demand. #saudiarabia #events #industry #tourism #talents #technology #focus #vision2030

The importance of vision and mission...