Turab Saleem travel tips

Artificial intelligence will soon recommend personalized services to hotel guests based on their previous stays and preferences thanks to its emerging hyper-personalization features, revealed the CEO of a US-based AI insights company.

The Kingdom of Saudi Arabia is expected to deliver 320,000 new hotel rooms – with a development cost of US$37.8 billion – by 2030 as part of its unprecedented investment in infrastructure, tourism transformation and real estate, according to industry data released ahead of the Future Hospitality Summit Saudi Arabia, 29 April to 1 May.

Saudi Arabia, UAE and Egypt are the driving forces behind the Middle East’s $1.9tn hospitality and residential project development boom.

Hospitality and residential projects worth US$D1.9 trillion are under development in the Middle East, with Saudi Arabia, United Arab Emirates and Egypt accounting for 90 per cent (US$1.7 trillion) of investment, according to key data released ahead of the Future Hospitality Summit, taking place this morning in Abu Dhabi, and running from 25-27 September 2023. Research by global independent real estate consultants Knight Frank reveals that KSA is top of the region’s project investment table, with US$1.2 trillion worth of developments in the pipeline, followed by the UAE (US$300 billion) and Egypt (US$200 billion), highlighting the Middle East’s continued commitment to reaching 160 million annual tourists by 2030. Turab Saleem, Partner and Head of Hospitality, Tourism and Leisure – MENA at Knight Frank, said: “The Middle East was the first region globally to make a complete business recovery after the pandemic.

Citizens of Saudi Arabia will now be able to rent out their homes to tourists, according to a bylaw approved by the tourism ministry.

Good morning from Skift. It’s Tuesday, February 7. Here’s what you need to know about the business of travel today.