KSA Business: TDF in deal to develop Steigenberger Porsche hotel in Saudi – Gulf Digital News

KSA Business: TDF in deal to develop Steigenberger Porsche hotel in Saudi – Gulf Digital News

The Tourism Development Fund (TDF) has signed a MoU with Deutsche Hospitality, the umbrella brand of the German hotel company Steigenberger Hotels AG, to develop and operate Steigenberger Porsche Design Hotels projects in Saudi Arabia.

The luxurious property will feature the distinctive Porsche lifestyle design coupled with Steigenberger hospitality and service quality, offering an innovative hotel concept within the lifestyle segment. 

With a minimum of 150 rooms, suites, and penthouses, the hotels will include a restaurant and lounge concept, exclusive meet and greet areas, and world-class health and beauty facilities, with a gym and wellness area. 

Guests will also benefit from an individualized journey at every touchpoint, driven by the hotel’s focus on hyper personalization, innovation, and functional approach.

The agreement – which was signed in the presence of Ahmed Al-Khateeb, Minister of Tourism and Chairman of the Board of Directors of the Tourism Development Fund – includes the right to exclusively launch the first Steigenberger Porsche Design Hotels project in the Middle East. 

The MoU was signed by Qusai Al Fakhri, CEO of TDF and Marcus Bernhardt, CEO of Deutsche Hospitality.

Al Fakhri said: "We are pleased to announce the signing of this MoU with Deutsche Hospitality,