Riyadh: The Tourism Development Fund (TDF), the national enabler of Saudi Arabia’s tourism sector, has signed a memorandum of understanding (MoU) with Dusit International to develop a range of hospitality projects in the Kingdom. The agreement was formalized on the sidelines of the World Travel Market, aiming to enhance Saudi Arabia’s hospitality landscape with world-class offerings.

According to Saudi Press Agency, the partnership aligns with Saudi Vision 2030 and the National Tourism Strategy, focusing on establishing the Kingdom as a premier destination with luxury hotels and resorts. TDF’s CEO, Qusai Al-Fakhri, emphasized the significance of this MoU as a strategic milestone in attracting global partners and creating sustainable tourist destinations. He expressed confidence that Dusit International’s expertise in hospitality will help unlock the potential of Saudi Arabia’s tourism sector and shape extraordinary destinations with long-term positive impacts.

Suphajee Suthumpun, Group CEO of Dusit Internat
ional, highlighted Saudi Arabia as a crucial area for growth and expressed enthusiasm about the partnership with TDF. She noted that this collaboration offers valuable opportunities for high-potential investments across the Kingdom and aligns with Dusit International’s commitment to contributing to Saudi Arabia’s National Tourism Strategy. The partnership aims to deliver hotel experiences that provide lasting value to stakeholders.