Saudi Arabia’s new tourist visa scheme is expected to reflect positively on the tourism industry in general and hospitality sector more specifically, CNBC Arabia reported, citing Sultan Al-Otaibi, Chief Executive Officer of Dur Hospitality Co.
“Tourism will witness a real boom in 2020,” Al-Otaibi stressed.
Dur Hospitality has a strong financial position and seeks to expand operations in Al-Madina, Al-Otaibi noted, adding that the company currently operates 20 hotels and real estate properties in addition to 8 tourist complexes.
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