PitchCentric
Platform
Solutions
Industries
Rankings
Tools
Data
Browse the data set
PodcastsExecutivesCompanies
Resources
Pricing
Log InGet Started

ASFAR

LinkedInJupiter, Florida, United States
Industry
investment management
Employees
140
Founded
2023

About

ASFAR (أسفار), the Saudi Tourism Investment Company, is a wholly-owned subsidiary of Saudi Arabia's Public Investment Fund (PIF). Established on July 27, 2023, ASFAR aims to transform the Kingdom's tourism sector in line with Vision 2030. The company collaborates with local, regional, and global partners to unlock tourism potential in various cities and regions, targeting 100 million annual visitors by 2030. ASFAR invests across the entire tourism value chain, focusing on sectors such as hospitality, cultural heritage preservation, adventure tourism, sustainable transportation, gastronomy, wellness tourism, MICE tourism, and retail attractions. The company emphasizes sustainable growth and innovation, ensuring positive impacts on local communities and the environment. ASFAR also facilitates co-investment opportunities and destination development, positioning itself as a gateway for investors interested in high-potential tourism projects that highlight Saudi heritage.

tourism & hospitalitystrategic land leasingdestination marketingeco-friendly transportationgreenfield projectsdestination developmentcultural experience designcultural heritagedestination managementtourism sector developmentinvestment managementtourism value chain

FAQ

What does ASFAR do?
ASFAR (أسفار), the Saudi Tourism Investment Company, is a wholly-owned subsidiary of Saudi Arabia's Public Investment Fund (PIF). Established on July 27, 2023, ASFAR aims to transform the Kingdom's tourism sector in line with Vision 2030. The company collaborates with local, regional, and global partners to unlock tourism potential in various cities and regions, targeting 100 million annual visitors by 2030. ASFAR invests across the entire tourism value chain, focusing on sectors such as hospitality, cultural heritage preservation, adventure tourism, sustainable transportation, gastronomy, wellness tourism, MICE tourism, and retail attractions. The company emphasizes sustainable growth and innovation, ensuring positive impacts on local communities and the environment. ASFAR also facilitates co-investment opportunities and destination development, positioning itself as a gateway for investors interested in high-potential tourism projects that highlight Saudi heritage.
What industry is ASFAR in?
ASFAR is in investment management, with 140 estimated employees, founded in 2023.
Who works at ASFAR?
ASFAR's public profile on PitchCentric lists 0 executives with their roles, bios, and podcast appearance history.
Represent this company? Request data removal or email privacy@pitchcentric.com.