logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Sabiq: Mabaat to expand into hotel management sector soon

Sabiq: Mabaat to expand into hotel management sector soon

NOHA.GAD
Jan 9, 2025
Mabaat, the leading company in the tourism accommodation sector, plans to expand into hotel management sector soon

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.  

Tags

Saudi Arabia
Saudi Tourism Forum
Hotel management
Acquisition
Share

Attract clients with your ad

Start Now

Trending

Riyadh to host 10th edition of Future Investment Initiative next October
Riyadh - Sharikat Mubasher: The Future Investment Initiative (FII) Institute will organize the 10th edition of the Future Investment Initiative (FII10) in Riyadh from 26 to 29 October, under the theme “The Power of Legacy."FII10 will address the most pressing issues shaping the future of investment and humanity, creating a platform for bold ideas, meaningful partnerships, and transformative action, according to the official statement released today.The event will celebrate a decade of impact and explore the forces that will shape the next era of investment, growth, and global cooperation. Since its inception, FII Institute and its global network have helped facilitate and spotlight more than $250 billion in investments and initiatives, demonstrating the power of convening capital, ideas, and leadership to create meaningful impact.Maha Mishari, CEO of FII Institute, said: “The Power of Legacy is not simply about celebrating the past decade. It is about understanding how the decisions, investments, and partnerships we make today will shape generations to come. FII10 represents both a reflection on what has been achieved and a commitment to what comes next.”According to the official website, FII10 will feature over 550 speakers and more than 250 sessions, and is expected to welcome over 10,000 attendees. 
Saudi Promedex forms joint venture with Chinese AI MedTech firm
MUBASHER
SAL signs MoU with SPARK Logistics to develop Saudi logistics ecosystem
MUBASHER.SA
stc pay Bahrain, PIE team up to expand QR payments
MUBASHER
Creditline secures SAMA license to provide microfinance services
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Jul 14, 2026
Riyadh to host 10th edition of Future Investment Initiative next October
Read More
Private Equities News
Calendar Icon
Jul 14, 2026
Saudi Promedex forms joint venture with Chinese AI MedTech firm
Read More
Private Equities News
Calendar Icon
Jul 14, 2026
SAL signs MoU with SPARK Logistics to develop Saudi logistics ecosystem
Read More
Private Equities News
Calendar Icon
Jul 14, 2026
The Chefz launches ‘The Chefz Business’ platform for companies
Read More
Private Equities News
Calendar Icon
Jul 14, 2026
Monsha'at reports strong growth in Saudi franchise market
Read More
Private Equities News
Calendar Icon
Jul 14, 2026
I Squared to invest up to $2bn in PIF portfolio companies
Read More
Private Equities News
Calendar Icon
Jul 14, 2026
Shahbandr rebrands as Komrz, launches AI assistant Komi
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher