Sommet Education partners with the Tourism Development Fund of the Kingdom of Saudi Arabia

Riyadh – Sommet Education, the world’s leading network of hotel education institutes, signed an agreement with the Tourism Development Fund (TDF) in Saudi Arabia to support the development of the Kingdom’s tourism sector.

As part of this partnership, Sommet Education will work with TDF to develop the knowledge, skills and competencies of Fund employees and clients in the fields of tourism, hospitality and entrepreneurship through dedicated programs and training. , as well as workshops, training sessions, conferences and counseling.

In line with the goals of Saudi Vision 2030’s human capacity development program, the new partnership opens up a world of opportunities for TDF employees and customers to study hospitality with accredited institutes globally.

“The positioning of Sommet Education and its institutions combining prestige, excellence and international openness, associated with the Kingdom’s vision for quality education, offers great potential to build and develop the overall performance of the tourism sector in Saudi Arabia”, noted Benoît-Etienne Domenget, Managing Director of Sommet Education.

Qusai Al-Fakhri, Managing Director of TDF noted: “The tourism sector is a key driver of Vision 2030. In order to facilitate its rapid growth, it is essential to have the right talent in mind. Through our partnership with Sommet Education, one of the world’s leading educational hubs, we look forward to empowering TDF’s valued customers and employees by providing them with the best training they need to achieve their tourism ambitions during this phase. exciting in Kingdom history. “

Sommet Education is a unique educational group specializing in hotel management and the culinary arts encompassing Glion Institute of Higher Education, one of the best Swiss hotel schools in the world, Les Roches Global Hospitality Education, ranked n ° 3 in the world for employer reputation, and Ducasse School, culinary and pastry arts school founded by a world-renowned chef.

As part of this partnership, Sommet Education is committed to developing future talents in the service sector. Sommet Education will offer TDF employees and clients the opportunity to register for training in investment, hotel and tourism professions. The programs will be available at various educational levels, making them inclusive for all. The services will be available to individuals, entities and businesses working in the Saudi service sector under the supervision of TDF.

With a capital of 4 billion dollars, TDF aims to be the main catalyst for tourism development in Saudi Arabia. By providing financing solutions to investors, TDF will promote the development of distinguished tourism projects in various regions of the Kingdom, thus accelerating the objective of the National Tourism Strategy to increase the contribution of the tourism sector to GDP from 3% to 10%. and create a million new jobs by 2030.

About Sommet Education

Sommet Education is the world leader in hotel management training. Its global network of prestigious institutions includes the Swiss-born hotel business schools Glion Institute of Higher Education and Les Roches, as well as the École Ducasse culinary and pastry arts school. In April 2021, Sommet Education acquired the South African education leader Invictus Education, adding four new schools to its portfolio: International Hotel School, IHS Gaming dedicated to the gaming industry; SAE Institute specializing in Creative Media Education and Summit focused on B2B training and development. In 2021, Sommet Education also expanded in India by taking a majority stake in the Indian School of Hospitality (ISH) with a campus in Gurugram (Delhi NCR).

These institutions offer 400 undergraduate, graduate and technical training programs to 9,000 students from 100 countries and 10,000 learners. Education is offered on four continents on 18 campuses, as well as through state-of-the-art distance learning platforms. Between them, the schools have a network of 60,000 influential alumni in the hotel industry and beyond.

Sommet Education is the only education group with two in the Top 4 of institutions ranked worldwide for hospitality education and by employer reputation (QS World University Rankings by Subject 2021).

About the Tourism Development Fund

The Tourism Development Fund (TDF) was established in 2019 with a capital of $ 4 billion to boost tourism growth in Saudi Arabia. TDF enables local and international investors to take advantage of the sector’s strong potential by providing viable financing solutions and leveraging its large network of partners including government entities, public and private lenders as well as operators and providers. of services… all deployed to bring investments to life. .

Well positioned at the heart of the Saudi tourism ecosystem, TDF is well positioned to offer advice and financing options to SMEs, and tailor-made investment solutions to qualified investors. The vision of the Fund is to contribute to the achievement of the objectives of the National Tourism Strategy by opening up opportunities in the tourism value chain for private sector investors, while focusing on long-term sustainability.

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