(Information sent by the signatory company)
BERLIN, April 18, 2024 /PRNewswire/ -- Saudi Arabia's Tourism Development Fund (TDF) and Karisma Hotels
This association represents a strategic alliance, opening new potential for the tourism industry. The agreement designs a roadmap with the methodology to invest and provide financial and non-financial support to investors, clients and partners who bring tourism and hospitality to unique areas.
"The Tourism Development Fund has great potential with Karisma Hotels
"We are proud to announce the company's significant entry into Saudi Arabia with multiple hotel developments across the Kingdom, in collaboration with our local partners and developers. Leveraging our experience in conceptualizing, developing, owning and managing Saudi Arabian resorts All Inclusive experiential leisure and European Plan (EP), Karisma will present the first experiential leisure hotels of their kind in partnership with globally acclaimed brands, bringing a new leisure vacation offering to the Kingdom, said Esteban Velásquez, CEO of Karisma Hotels
The Tourism Development Fund aims to connect the world with opportunities in the Kingdom of Saudi Arabia's high-growth tourism sector. The TDF offers financial and non-financial support to both international private investors and local small and medium-sized businesses, as well as entrepreneurs.
Karisma Hotels
This signing between TDF and Karisma Resorts comes at an important time, as Saudi Arabia's hospitality industry is booming and offers significant investment opportunities. The country has prematurely reached its goal established for 2030, of 100 million annual visitors. With the above, the new goal establishes welcoming 150 million visitors to Saudi Arabia by the end of this decade.
to find out more: tdf.gov.sa
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