Riyadh - Exclusive Sharikat Mubasher: Mabaat, Saudi Arabia’s leading short-term rental property management company, plans to enter the hotel management sector soon, aligning with the Kingdom’s efforts to transform the tourism sector, CEO Naif Sabiq stated in an interview with Sharikat Mubasher on the sidelines of the third edition of the Saudi Tourism Forum (STF).
Sabiq revealed that Mabaat will launch its electronic platform during the forum, with plans to introduce self-check-in services following approval from the Ministry of Tourism.
He noted that Mabaat participated in the STF to showcase its services, following its recent acquisition by Scene Holding Company.
On the second day of the STF, Scene Holding announced acquiring a strategic stake in Mabaat in a move to enhance innovation, drive growth, and expand services to accommodate guests during major global events such as the Asian Cup, the Olympics, the World Cup, and Expo 2030.
Sabiq also emphasized the Ministry of Tourism’s efforts to transform the sector and elevate visitor experiences by adhering to world-class standards.
Established in 2020, Mabaat specializes in managing luxury properties for private owners in prime locations such as Jeddah, Riyadh, and Alhada.
The Saudi Tourism Forum 2025 took place in Riyadh from 7 to 9 January with the participation of over 100 exhibitors and more than 40 global speakers. It featured over 1,000 meetings and workshops and welcomed more than 450 leading brands in the tourism sector.
The forum served as a dynamic platform to explore the latest developments, showcase key investment projects, and foster skill development and partnerships to drive the growth of the tourism sector.