The World Travel and Tourism Council (WTTC), a leading organisation of the global tourism industry, has announced the appointment of Qusai Al-Fakhri, CEO of the Tourism Development Fund (TDF) in Saudi Arabia, as a member of its Executive Committee.

In a press statement, WTTC says that Al-Fakhri brings more than two decades of experience in corporate and investment banking, as well as a strong track record in tourism development.

It says that Al-Fakhri has held several high-profile roles throughout his career, including serving as an investment advisor to the Minister of Tourism for Saudi Arabia, co-founder of Tiraz Al Arabia and CEO of Al Ajial Holding.

The statement adds that he is also a board committee member in several government entities that are related to tourism in Saudi Arabia. He has held independent board positions with prominent financial institutions such as Al Rajhi Takaful and Samba Financial Group. 

Al-Fakhri has expertise spans investment banking, institutional coverage, and tourism strategy, making him a valuable addition to WTTC’s Executive Committee, the statement adds.

Julia Simpson

“We are delighted to welcome Qusai Al-Fakhri to our Executive Committee. His extensive expertise in both investment and travel and tourism, particularly in Saudi Arabia, one of the most dynamic markets in the world, will be instrumental in shaping our strategic vision at WTTC,” says Julia Simpson, President and CEO, WTTC.

“I am honoured to join the WTTC Executive Committee at such a transformative time for the global travel and tourism industry. This platform offers an incredible opportunity to collaborate with world-class leaders in shaping the future of tourism,” he adds.

WTTC says that this appointment highlights ongoing commitment to on board world-class leaders to its membership, with diverse expertise to help shape the future of travel and tourism.

“As Saudi Arabia continues to emerge as a global destination for tourism, we are committed to share our experience and championing innovative, sustainable solutions that drive long-term growth for the sector. I look forward to work closely with WTTC and contributing to a bold, prosperous future for the global tourism landscape,” Al-Fakhri says.

According to WTTC, Al-Fakhri’s deep experience in finance and travel and tourism development will be key in advancing WTTC’s objectives, particularly in high-growth regions like Saudi Arabia, which is fast becoming a premier global destination.