The MoU signed during the World Tourism Day celebrations in Riyadh, solidifies the collaboration between WTTC and Saudi Arabia
Following last year’s global summit in Riyadh, (WTTC) and the Ministry of Tourism of Saudi Arabia have announced the extension of their partnership through the signing of a Memorandum of Understanding (MoU).
According to a press statement by WTTC, the MoU, signed during the World Tourism Day celebrations in Riyadh, solidifies the collaboration between WTTC and Saudi Arabia, focusing on advancing key objectives, including the promotion of job creation, talent development, and global business opportunities within travel and tourism.
The statement adds that Saudi Arabia is committing USD 800 billion to unlock the full potential of its landscapes and cultural treasures for travellers worldwide. This agreement unites private and public sectors in a concerted effort to craft a sustainable blueprint for growth.
“Through the signing of this MoU, WTTC and the Ministry of Tourism of Saudi Arabia embark on a new chapter of cooperation, uniting our expertise to shape a prosperous future for the travel and tourism sector. Together, we can continue to create a powerful synergy that will open doors to endless opportunities, benefiting travellers, businesses, and destinations alike,” says Julia Simpson, WTTC President & CEO.
WTTC says this partnership aims to elevate tourism on both global and national agendas while expanding skills, innovation, entrepreneurship, investment, and the transition toward a more sustainable and resilient travel and tourism sector.
Additionally, the collaboration will promote community empowerment and inclusion, as well as work together on crisis preparedness, management, and recovery, drawing from the valuable lessons learned during the pandemic.
“Yesterday’s extension of our partnership with WTTC marks a significant milestone in our journey towards a more sustainable tourism sector. This collaboration highlights our commitment to fostering global business opportunities and talent development whilst underlining the vital role of public-private partnerships in shaping the future of Travel & Tourism,” says Haifa bint Mohammed Al Saud, Vice Minister of Tourism for Saudi Arabia.
