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Hyatt Announces Plans for Two New Luxury Hotels in NEOM’s Jaumur, Magna
Hyatt Hotels has announced plans to debut two of its prestigious brands in Jaumur, a coastal destination within NEOM's Magna region.
The Suadi Boom
October 04, 2024
Welcome to The Saudi Boom. The No.1 Business Site & Newsletter in Saudi Arabia. Discover The Latest Developments and Opportunities in The Kingdom of Saudi Arabia.
LATEST NEWS
In Today’s Edition:
Hyatt Announces Plans for Two New Luxury Hotels in NEOM’s Jaumur, Magna
Saudi Arabia Leisure Tourism Sectors Records 656% Increase in 2024
6 Kings Slam is Bringing Tennis Legends to Riyadh in October
Cityscape Global 2024 Returning to Riyadh as Largest Real Estate Event in The Middle East
HOSPITALITY
✨ Hyatt Announces Plans for Two New Luxury Hotels in NEOM’s Jaumur, Magna
Hyatt Hotels has announced plans to debut two of its prestigious brands in Jaumur, a coastal destination within NEOM's Magna region. Park Hyatt Jaumur and Andaz Jaumur Marina will mark a significant milestone for Hyatt's expansion in Saudi Arabia and solidify its partnership with NEOM, a beacon of futuristic living and sustainable luxury.
Key Takeaways:
A Coastal Oasis: Jaumur offers a visionary blend of land and sea experiences, setting a new standard for luxury living in the region. Guests can expect an array of entertainment, leisure, and cultural activities, including a state-of-the-art marina with a deep-sea diving research center.
Prime Location: Park Hyatt Jaumur will be situated at the vibrant heart of the marina, overlooking the bustling scene. Andaz Jaumur Marina, with 225 rooms and suites, will be located nearby, offering a vibrant atmosphere for those seeking a dynamic experience.
Luxury Redefined: Both hotels will offer a combined total of 350 luxurious rooms and suites, promising exceptional experiences and catering to the needs of discerning travelers.
The arrival of Park Hyatt Jaumur and Andaz Jaumur Marina signifies Hyatt's commitment to offering world-class hospitality in Saudi Arabia's most innovative development zone. These hotels are poised to redefine coastal luxury, integrating seamlessly with the stunning natural environment and catering to a new generation of luxury travelers seeking an unforgettable adventure.
TRAVEL
✨ Saudi Arabia Leisure Tourism Sectors Records 656% Increase in 2024
Saudi Arabia's leisure tourism sector has skyrocketed in 2024, experiencing a staggering 656% increase compared to previous years, according to the Ministry of Tourism. This significant surge reflects the Kingdom's successful efforts to diversify its economy and establish itself as a major global tourism destination.
Key Takeaways:
Unprecedented Growth: The number of tourists specifically seeking leisure and entertainment experiences has exploded, reaching 4.2 million in the first seven months of 2024, a 25% increase over the same period in 2023.
Overall Tourism Rise: This surge in leisure tourism contributes to a broader positive trend. Overall tourist arrivals in Saudi Arabia increased by 10% in the first half of 2024 compared to 2023, and a remarkable 73% jump compared to pre-pandemic levels in 2019.
Vision 2030 Exceeded: The ambitious goals set out in Vision 2030, a national development plan, have been surpassed. The plan aimed to attract 100 million tourists by 2030, but this milestone was achieved a full seven years ahead of schedule in 2023.
The 656% increase in leisure tourism highlights the success of Saudi Arabia's tourism strategy. Investments in luxury resorts, historical and cultural sites, and improved infrastructure are paying off, attracting international travelers and contributing to the Kingdom's economic diversification.
EVENTS
✨ 6 Kings Slam is Bringing Tennis Legends to Riyadh in October
The 6 Kings Slam, a captivating exhibition tournament, is poised to light up Riyadh in October as part of the Riyadh Season festivities. This prestigious event will see six tennis legends grace the court, promising an unforgettable experience for tennis enthusiasts and casual spectators alike.
Key Takeaways:
Legendary Lineup: A star-studded cast featuring Novak Djokovic, Rafael Nadal, Carlos Alcaraz, Daniil Medvedev, Holger Rune, and Jannik Sinner will take the court, offering a rare opportunity to witness some of the greatest names in tennis history.
Exhibition Flair: Since this is not an ATP-sanctioned event, players will compete in a more relaxed and potentially more entertaining atmosphere, free from the pressure of ranking points.
Quick Action: The tournament format spreads the matches over three days (October 16-19) with rest days incorporated, offering a fast-paced and action-packed experience.
The 6 Kings Slam promises to be a highlight of the Riyadh Season. Witnessing these tennis legends compete in a unique setting makes this a must-see event for any sports fan. So, mark your calendars and prepare to be enthralled by the power, finesse, and excitement of world-class tennis!
EVENTS
✨ Cityscape Global 2024 Returning to Riyadh as Largest Real Estate Event in The Middle East
Cityscape Global, the Middle East's premier real estate gathering, returns to Riyadh in 2024. This prestigious conference signifies the city's growing influence as a regional and international real estate hub, attracting key investors, developers, and industry leaders from across the globe.
Key Takeaways:
The conference will be a platform for knowledge sharing and cutting-edge ideas, featuring:
Insightful presentations by industry leaders
Interactive workshops fostering collaboration
Valuable networking opportunities to connect with key players
Cityscape Global's return to Riyadh underscores the dynamism and immense potential of Saudi Arabia's real estate landscape. This landmark event promises to be a must-attend gathering for anyone invested in the future of the Middle Eastern real estate market.
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