Arab investments energize Jordan's hotel sector

(File photo: Jordan News)
AMMAN – Jordan's hotel industry is experiencing a substantial influx of Arab investments, with the total value of Arab investments in hotel establishments, excluding those situated in the city of Aqaba surging to an impressive JD532 million, according to the Jordanian News Agency, Petra.اضافة اعلان

According to a recent statement by Deputy Chairman of Jordan Hotels Association Hussein Hilalat, Arab investors, in collaboration with their Jordanian counterparts, have injected approximately JD265 million into the sector providing a vital catalyst for the growth of tourism within the Kingdom. 

He revealed that there are a total of 57 hotel establishments owned by Arab investors, excluding those located in Aqaba. 

The Deputy Chairman went on to affirm that investors are finding the Jordanian hotel sector increasingly attractive and profitable due to the sector's buoyant tourism activity.

He concluded by saying that efforts to attract more Arab and foreign investments in the sector are gaining momentum. 

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