France's Accor plans to open 50 hotels in Saudi Arabia and Africa, Sabq newspaper reported, citing Jean Recher, Regional Vice-President for Development of Luxury Brands.
Saudi tourism sector is a new market for the company, Recher said, adding that Accor is restructuring its activities in Saudi Arabia.
The official added that the firm always offers encouraging incentives to investors, noting that Saudi Arabia, Egypt, Morocco, and Tukey are among Accor's key destinations.