A major new Saudi-Swiss partnership has been launched in Riyadh to revolutionise hospitality and tourism education in the Kingdom. It is led by Tanmeya Capital, which manages the SAR600 million Tanmeya Hospitality & Tourism Fund. Tanmeya Capital is partnering with Sommet Education, the parent company of Les Roches, École Ducasse, and Glion Institute of Higher Education. The goal is to train Saudi and international talent to the highest global standards, meeting the growing demands of the national tourism sector.
Al Khozama Investment Company has partnered with Yardi to manage its commercial real estate portfolio, including Riyadh’s Al Faisaliah Tower, in a move aligned with Saudi Vision 2030’s digital transformation goals.
IHG Hotels & Resorts is preparing to introduce two new lifestyle-focused hotels in Jeddah’s King Abdullah Sports City, combining boutique luxury with wellness-driven hospitality.