Riyadh - Sharikat Mubasher: Millennium Hotels and Resorts, a global hospitality management and real estate group, is set to unveil its first project in Jeddah within the upcoming few days, Wahdan Al Kadi, CEO of Millennium Hotels in Saudi Arabia, revealed.
The group’s expansion strategy in the Kingdom includes implementing further projects in Jeddah, along with the existing projects in Makkah, Madinah, Jazan, Hail, and Tabuk, Al Kadi stated in an interview with Asharq Business KSA on the sidelines of the Future Hospitality Summit (FHS).
He clarified that the group aims to contribute to the growth of the Saudi hospitality sector, in alignment with Vision 2030 and the National Tourism Strategy.
Al Kadi added that the upcoming gigantic events, such as Expo 2030 and the 2034 Fifa World Cup, will revolutionize the Saudi hospitality sector.
The FHS convened in Riyadh from 29 April to 1 May with the participation of more than 1,400 key players in the hospitality industry from over 35 countries.
Under the theme “Invest in Tomorrow: Today, Together,” the event’s tracks covered hospitality investment, industry entrepreneurship, sustainable development, and human capital.
It discussed the latest developments in the Saudi hospitality sector, showcased the potential investment opportunities in the Kingdom, and delved into the evolving landscape of the Saudi luxury hospitality sector.
