Tourism Development Fund To Participate In Future Hospitality Summit As Enablement Partner In Riyadh

The Tourism Development Fund (TDF) will participate as an enablement partner in the Future Hospitality Summit (FHS) Saudi Arabia. This event is set to occur in Riyadh from May 11 to 13, 2025. It aims to unite global decision-makers and investors to explore hospitality opportunities, promote knowledge sharing, and support startups and entrepreneurs in the sector.

At the summit, TDF will showcase both direct and indirect financing solutions. Additionally, it will highlight non-financial initiatives from TDF Grow. These initiatives are designed to support startups and small and medium-sized enterprises (SMEs), develop national talent, and accelerate the growth of specialized projects across Saudi Arabia.

TDF is also scheduled to participate in a significant panel discussion at the summit. This discussion will focus on shifts in the tourism market, exploring new investment opportunities, and outlining TDF’s vision for building investor confidence while ensuring quality and returns.

Qusai Al-Fakhri, CEO of TDF, emphasized that the fund's role goes beyond financial backing. It aims to foster connections between investment opportunities and local talent. "Our participation in the summit aims to accelerate this communication and broaden its impact across the Kingdom through hospitality projects and other initiatives that elevate the tourist experience and support sustainable economic growth," Al-Fakhri stated.

The summit is anticipated to draw over 100 speakers, 280 investors, and 90 sponsors and partners globally. This gathering underscores TDF’s commitment to advancing Saudi Arabia's tourism sector by positioning it as a leading investment destination and global hospitality hub.

TDF’s involvement highlights its pivotal role as Saudi Arabia’s primary tourism enabler. The fund aims to enhance the tourist experience through various initiatives that contribute to sustainable economic growth within the Kingdom.

By participating in such events, TDF seeks to strengthen its position as a key player in developing Saudi Arabia's tourism industry. The fund's efforts are directed towards creating a vibrant ecosystem that supports both local talent development and international investment attraction.

With inputs from SPA