Wednesday, November 13, 2024 Dusit International partners with Saudi Arabia’s TDF to boost luxury hospitality, supporting Vision 2030 and enhancing the Kingdom’s tourism infrastructure. Dusit International, a leading hotel and property development company from Thailand, has forged a transformative partnership with Saudi Arabia’s Tourism Development Fund (TDF), underscoring the Kingdom’s ambitious goals within the tourism sector. The Memorandum of Understanding (MoU), signed at the World Travel Market 2024 in London, establishes a collaborative framework for developing luxury hospitality projects aimed at enhancing Saudi Arabia’s tourism infrastructure and achieving milestones aligned with Vision 2030.
The agreement between Dusit International and TDF marks an important step forward for both entities. With over 75 years of experience in global hospitality, Dusit International’s expertise spans a diverse portfolio of properties, including upscale hotels, wellness retreats, lifestyle hotels, and exclusive villa rentals. This partnership will leverage Dusit’s established brands, including Dusit Thani, dusitD2, Dusit Princess, Dusit Suites, ASAI Hotels, and its latest brands, Devarana – Dusit Retreats and Dusit Collection, both of which focus on luxury and wellness experiences.
Saudi Arabia’s tourism sector has shown remarkable growth. In the first half of 2024, the Kingdom witnessed an 8.2% rise in inbound visitor spending, totaling SAR 92.
6 billion. This growth.
