The Kingdom's hospitality sector is witnessing an unprecedented renaissance, thanks to Vision 2030, which aims to diversify Saudi Arabia's sources of income and reduce dependence on oil, and the tourism and hospitality sector is one of the most important sectors that the Kingdom pays great attention to.

Dubai Hospitality Summit

The Dubai Hospitality Summit, scheduled to take place from October 27-30 at Madinat Jumeirah, is a regional and international platform that highlights the most prominent trends and challenges in the sector, and the sector's indicators in a number of countries in the Middle East, with Saudi Arabia at the forefront of the region's hospitality boom, with Saudi Arabia targeting 150 million visitors annually by 2030.

Recent data has shed light on the importance of the hospitality sector in the Middle East, with the Kingdom of Saudi Arabia leading the way. Recent data released ahead of the World Future of Hospitality Summit in Dubai sheds light on the state of the Kingdom's hospitality sector, revealing that the Kingdom accounts for approximately 60% of the total hotels and rooms under construction in the region, equivalent to 342 projects with more than 92,000 rooms.

According to forecasts from World Future of Hospitality Summit, Saudi Arabia is at the forefront of the region's hospitality boom. According to forecasts by World Travel & Tourism Council, the regional market value of the tourism and hospitality sector is estimated to rise from $310 billion in 2025 to more than $487 billion by 2032, and this year the sector will add about $367 billion to the region's economy.

According to forecasts by World Travel & Tourism Council.