KSA, Elaf targets budget hotel expansion in India
One of the largest local hospitality and tourism companies in the Kingdom of Saudi Arabia is exploring the potential India has as a budget hospitality partner
One of the largest local hospitality and tourism companies in the Kingdom of Saudi Arabia is exploring the potential India has as a budget hospitality partner.
Senior executives of Elaf Hotels Company and Elaf Travel and Tourism Company have disclosed plans to explore the potential of India’s tourism market and the Indian Haj and Umrah pilgrimage sector.
Elaf Hotels vice president Abdullah H. Bakri said that Elaf came across a couple of opportunities to carry out projects for budget hotels in India as part of the tie-up in the vital tourism sector with Indian partners.
"The relationship between the two great nations has been ever growing in terms of business relations, manpower services, cultural activities, tourism and pilgrimage etc." he said.
Bakri noted that Elaf, which is one of the largest and strongest local hospitality and tourism companies in the Kingdom, sees India as a strong partner.
A senior official from Elaf added that the company is exploring the prospect of establishing tie-ups with big Indian companies, which have a wide network that covers the whole country to bring more Umrah pilgrims, noting that India is a large market with mutual potential benefit and tourism development.
The Saudi Economic and Development Company (SEDCO) has invested in more than 100 companies in India, and is exploring the possibility of associating with India's Long term Accommodation Committee for Haj pilgrims to find long term solution to the accommodation problem of Indian Hajis.