The hotel operator has signed a Memorandum of Understanding (MoU) with Saudi Arabia’s Tourism Development Fund to jointly develop and operate high-quality hospitality and lifestyle projects within the Kingdom.
The establishment of the partnership will see the development of multiple hospitality projects in exclusive regions of the Kingdom over the next couple of years, where Minor Hotels will act as an operator and partner in each. The group’s flagship brands include Anantara, Avani, Trivoli and Oaks, and projects under these brands will be located across Saudi Arabia.
The development of these hotels and resorts is consistent with the Kingdom’s National Tourism Strategy (NTS) and in line with the Saudi Vision 2030. The projects will be developed in the targeted tourism destinations specified in the NTS and will be announced shortly.
Minor Hotels’ dynamic Avani Hotels & Resorts brand will make its debut in the Kingdom with multiple properties to be developed. The contemporary brand can be found in the UAE and Oman already, with a property currently under development I n Bahrain which is set to launch in 2024.
Dillip Rajakarier, Group CEO of Minor International and CEO of Minor Hotels, said, “The signing of this memorandum of understanding with Saudi’s Tourism Development Fund represents a significant step for Minor Hotels, enabling the group to offer a wide variety of products ranging from experiential luxury to serviced apartments, each creating a personalised product for a consumer niche.
“We look forward to working closely with TDF to bring these projects to fruition and to creating new iconic hospitality destinations within the Kingdom.”
Qusai al Fakhri, CEO of Saudi Arabia’s Tourism Development Fund, commented, “This MoU and future partnership with Minor Hotels is a great step forward towards making Saudi Arabia an attractive global tourism destination. We are proud to debut Minor Hotels’ internationally recognisable brands in the Kingdom, bringing prestige to Saudi Arabia’s tourism sector.”
