Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive of the world’s largest hotel chain, Marriott, has said.
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…
29 Views | the publication reaches you by | Saudi Arabia Today“It’s trying something it’s never tried before… how to modernise without ripping society apart,” said Sorenson. “So there is reason to be cautious.”
On the other hand, Saudi Arabia’s vast “financial and natural wealth” give Marriott cause to pursue plans in the country,” said Sorenson.
“It is rich with resources, and can open the religious tourism market as wide as 1 billion Muslims, which is a big number,” he said,” If they can find a way to take advantage of the demand and transition into a place that can attract that tourists.”
With 23 hotels currently, the country is the currently the second biggest in Marriott’s Middle East grouping following the UAE.
Saudi Arabia’s latent religious tourism market holds promise “if the purpose can be broadened,” he says.
“Domestic tourism is a little less revolutionary, but if you’re going to Mecca for pilgrimage, especially if you’re coming in from far abroad, there should be a way to expand the purpose of that trip to non-religious leisure,” he said. “It would involve figuring out where else they could go, how easy they are to get to, cost implications, and price points.”
CENTRO Olaya, the sixth by Rotana Hotel in Saudi Arabia and the third in Riyadh, was inaugurated on…
17 Views | the publication reaches you by | Saudi Arabia TodayDo you have information you want to reach our readers?
You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Saudi Arabia, the Gulf and the world.
THE Kingdom of Saudi Arabia throughout its political history encountered many challenges and obstacles that could have limited…
Gulf TV, Saudi Arabia
SaudiArabia’s King Salman said that #Iran creates chaos and devastation in the region, interferes in surrounding countries’ internal…
King
King Salman met the President of Niger, Mahamadou Issoufou, at his palace in Riyadh on Monday. The leaders held talks on boosting…
King
Boosting the country’s mining infrastructure, Saudi Arabia has unveiled a SAR 86 billion ($35.6bn) project, Wa’ad Al Shamal,…
Gulf TV, Saudi Arabia
King Salman First Time Speaks About Jamal Khashoggi
Turkey Seeks Arrest of Two Saudi Crown Prince MBS Allies Over Khashoggi
The Arab states of the Persian Gulf are the seven Arab states which border the Persian Gulf, namely Bahrain, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE).This excludes the non-Arab state of Iran. All of these nations except Iraq are part of the Gulf Cooperation Council (GCC).
