The Hospitality Network expands Saudi business with new Riyadh office
The new office is supported by AstroLabs, the Gulf's leading business expansion platform.
Petvin Fernandes, CEO of The Hospitality Network, commented: 'Saudi Arabia represents a unique intersection of scale, ambition, and transformation.
'Hosting the 2025 KSA Stakeholder Gathering (TSG2025) in May gave us first-hand insight into the region's forward-thinking approach to hospitality and real estate. We're excited to expand our presence here, focused on partnerships that align with Vision 2030 and drive future-ready development.'
Founded in 2014, THN has facilitated high-impact, invite-only events and gatherings that drive business development and partnerships. With its strong regional presence, THN is set to leverage its expertise in accelerating sustainable and scalable growth in Saudi Arabia's hospitality and real estate sectors.
The new Riyadh hub will enable THN to stage meaningful conversations, forge new partnerships, and tailor its solutions to help stakeholders keep pace with the changes occurring within the industries.
The company's integrated approach is focused on delivering immersive experience rooms and curated one-on-one meetings to facilitate better engagement and lead to successful outcomes. Additionally, THN regularly hosts industry awards events to connect owners, operators, consultants, and developers.
A key component of THN's offerings is supporting hotel developers and operators in embracing technology, innovation, sustainability, and design.
Alex Nicholls, director of expansion at AstroLabs, said: 'We are excited for THN's debut as an increasingly pivotal catalyst in Saudi Arabia's emergence as a global tourism destination and real estate development powerhouse. With its vast regional expertise and a powerful focus on technology, THN is shaping the industry's future, anchored in innovation, collaboration, and regional connectivity.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arabian Business
2 hours ago
- Arabian Business
Kuwait to attract $32bn investment and create 50,000 jobs under New Kuwait 2035 mega projects
Kuwait is rolling out one of its most ambitious development drives to date, with plans to attract up to KD10bn ($32.6bn) in private and foreign investment, generate annual revenues of KD1bn ($3.26bn) by 2030, and create more than 50,000 new jobs. The programme is anchored in the New Kuwait 2035 Vision and combines sweeping reforms, strategic partnerships, and mega projects in energy, transport, infrastructure, smart cities, and industrial zones. The government says the strategy will also reduce pressure on the state budget by around 30 per cent while strengthening long-term economic sustainability. Kuwait megaprojects Integrated government action — linking economic diplomacy with global partners and supported by new regulatory frameworks — is driving this transformation, which aims to boost transparency, accelerate project delivery, and diversify national income sources. A Ministerial Committee for Monitoring Agreements with China has held 22 meetings to fast-track projects and remove obstacles. Progress has already been made on the Mubarak Al Kabeer Port project, with the execution contract signed in March. Environmental cooperation includes afforestation programmes, ecosystem rehabilitation, and land reclamation. Kuwait has also elevated its historic ties with Japan to a comprehensive strategic partnership, expanding cooperation across trade, investment, renewable energy, and petrochemicals. Major power and infrastructure projects Among the largest projects under way are the second and third phases of the Al Zour North Power Plant, designed to meet rising demand for power and water. The project encourages private sector participation to cut costs, accelerate completion, and optimise resource use — reflecting the government's broader push to integrate private capital into infrastructure development. Kuwait's 2025–26 development plan, approved in March, includes 124 projects: 69 under ministries, 21 with affiliated entities, and 34 with independent institutions, making it one of the country's most ambitious pipelines. Reforms to boost investment The government has rolled out wide-ranging reforms, including: A new real estate brokerage system A smart licensing project Amendments to the Companies Law A taxation framework for multinational groups Launch of the Real Estate Developer System Kuwait has also advanced the third phase of its Capital Market Development Program, a key step toward upgrading to advanced emerging market status and boosting investor confidence. Global institutions lift outlook The World Bank projects Kuwait's economy will rebound to 2.2 per cent in 2025, driven by infrastructure projects, OPEC+ production adjustments, and non-oil sector growth. Growth is forecast to stabilise at 2.7 per cent between 2026–27. S&P Global Ratings expects continued growth supported by reforms, while EFG Hermes highlighted improved decision-making and raised its forecast for banking sector expansion starting from 2026. Leadership commitment Prime Minister Sheikh Ahmad Abdullah Al Ahmad Al Sabah said positive economic indicators and rising foreign investment confirm the government's determination to deliver on its development goals. He stressed that the progress reflects the vision of the Amir Sheikh Meshal Al Ahmad Al Jaber Al Sabah, adding that the reforms and mega projects will reinforce Kuwait's position as a regional investment hub.
Arabian Business
5 hours ago
- Arabian Business
How the UAE is using public-private partnerships to transform services, boost investment and create sustainable growth
The UAE Ministry of Finance is turning public-private partnerships (PPPs) into a central driver of national development — using them to transform services, attract new investment, and support sustainable growth. Over the past two years, the Ministry has established a robust PPP framework backed by new legislation, governance tools, and training initiatives designed to strengthen cooperation between the government and private sector. These measures are aligned with the UAE's long-term ambitions under the 'We the UAE 2031' vision and the UAE Centennial 2071 strategy. UAE public-private partnerships Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, said: 'Developing a robust PPP framework is a top priority for the Ministry of Finance, recognising its role as an effective instrument for sustainable development and a significant player in fuelling the UAE's economic and social advancement as well as in achieving the UAE's strategic goals. 'Through these partnerships, we strive to make the most of available resources, strengthen government performance, and facilitate the exchange of financial, administrative, and technological expertise with the private sector. 'We are committed to improving the community's quality of life, reinforcing the resilience and sustainability of the national economy, and advancing the objectives of the 'We the UAE 2031' vision and the UAE Centennial 2071.' In 2023, the UAE enacted Federal Law No. (12) regulating PPP projects at the federal level. The law encourages private sector participation in strategic and developmental initiatives, boosts investment in projects with significant economic and social value, and helps the federal government deliver projects with greater efficiency. In June 2024, the Ministry released a PPP Project Manual, setting out detailed procedures and policies for federal entities and private partners across the full project lifecycle — from planning and design to execution and operations. To build implementation capacity, the Ministry has run workshops to familiarise stakeholders with PPP processes. In May 2025, it launched a specialised PPP training programme developed with an APMG International-accredited institute. Graduates receive the Certified PPP Professional (CP3P) – Foundation Level qualification, supported by leading international financial institutions. Following the success of the first phase, the Ministry is preparing to launch the second phase, designed to deepen national expertise in PPPs and ensure long-term sustainability in line with international best practice. The Ministry of Finance said these initiatives reinforce the United Arab Emirates' determination to integrate private sector innovation and global expertise into strategic projects — ensuring that PPPs play a pivotal role in delivering a more sustainable and prosperous future.
Arabian Business
5 hours ago
- Arabian Business
Riyadh Air to serve premium Saudi coffee, dates and ‘cola' on flights
Riyadh Air will serve premium food and drinks from top Saudi brands when it takes off. Riyadh Air has signed partnership agreements with Milaf Global Food Company and the Saudi Coffee Company to deliver authentic Saudi hospitality by offering guests premium Saudi coffee and dates on board its flights and premium lounges. The agreements include onboard experiences featuring a curated selection of Saudi coffee sourced from Jazan, Abha, and Al Baha, paired with seven premium varieties of Saudi dates. Riyadh Air to serve premium coffee and dates The partnerships align with the goals of Saudi Vision 2030 by celebrating Saudi culture, enriching the guest experience, and showcasing the Kingdom's heritage to a global audience. The airline's guests will also be served 'Milaf Cola', a Saudi beverage made from dates. Available on all flights, it offers travellers a refreshing taste of the Kingdom's cultural heritage.
