Saudi hospitality sector receives another $399.7m in international investment

Saudi Arabia’s Ministry of Tourism has backed Dublin-based Kerten Hospitality’s “The Collective” initiative to establish projects worth a total investment of SR1.5 billion ($399.7 million). The initiative aims to activate unique assets across the Kingdom, including Asir, Yanbu, Jeddah, Riyadh, Hail, and Al-Jawf, to boost investor confidence and enhance cooperation…