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Rua Al Madinah Holding Signs $165M Hospitality Deals to Boost Tourism

Rua Al Madinah Holding Signs $165M Hospitality Deals to Boost Tourism

12 November 2025 Press Release Hotel News Travel Events News

Rua Al Madinah Holding, a subsidiary of the Public Investment Fund (PIF), has announced the signing of two landmark hospitality agreements worth a combined USD 165 million during the inaugural TOURISE Global Tourism Forum in Riyadh. The deals, made with IHG Hotels & Resorts and Adeera Hospitality Management, mark a significant milestone in the ongoing transformation of Madinah’s tourism and hospitality landscape.

Pullman Hotels & Resorts unveils its global brand transformation at TOURISE

Pullman Hotels & Resorts unveils its global brand transformation at TOURISE

12 November 2025 Press Release Hotel News Travel Events News

At the inaugural TOURISE Summit in Riyadh, Pullman Hotels & Resorts, part of Accor’s premium portfolio, unveiled a bold global brand transformation that redefines its vision for the future of travel and hospitality. The announcement took place before an international audience of tourism leaders and innovators, aligning with Saudi Arabia’s ambition to position itself at the forefront of global tourism innovation.

TOURISE announces USD 113BN in portfolio investments to accelerate the future of tourism

TOURISE announces USD 113BN in portfolio investments to accelerate the future of tourism

TOURISE, the bold global platform shaping a new horizon for tourism, announced today that it has catalyzed investment portfolios totaling USD 113BN at the inaugural TOURISE Summit in Riyadh. The milestone reflects TOURISE’s mission to unlock high‑value deal flow by convening public and private sector leaders across tourism, technology, investment, and sustainability to set a shared roadmap for the next 50 years of global tourism.

HALO space unveils 10-year plan to launch near-space tourism from saudi arabia

HALO space unveils 10-year plan to launch near-space tourism from saudi arabia

12 November 2025 Press Release Airline News Travel Events News Travel Technology News

HALO Space, a global pioneer in near-space tourism, has unveiled an ambitious 10-year roadmap to make commercial near-space flights a reality—beginning with the first-ever launches from Saudi Arabia. The announcement was made at the inaugural TOURISE Summit in Riyadh, a global platform redefining the future of tourism through innovation and cross-sector collaboration.