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Hospitality sector to attract investments worth SAR 42 billion by 2030

Reading time: 2 Minutesيخطط قطاع الضيافة في المملكة لجذب استثمارات خاصة تصل قيمتها إلى 42 مليار ريال (11 مليار دولار)، بعائدات تقدر بحوالي 16 مليار ريال (4 مليارات ... Read more

Investment Enablers Initiative aims to attract SAR 42 billion, boost hotel infrastructure and create 120,000 jobs by 2030

18/04/2024

Hospitality and Leisure

Riyadh Season 2025. 5 million visitors and more than 25,000 new jobs

Riyadh 2025 attracts 5 million visitors and creates 25,000 new jobs to support the national economy.

Attribution and Liquidation Center Real Estate Auction

“Enforcement impresses visitors to Cityscape Global 2025 with an interactive pavilion

Enforcement Center participates in Cityscape Global 2025 and offers an interactive experience for visitors in Riyadh.

Entertainment Authority records more than 12 million visitors and growth in Q3 2025 performance indicators

Entertainment Authority reveals 12.6 million visitors and 468 events in the third quarter of 2025.

Residential program

7 billion riyals to develop two hotels in Jeddah

A SAR 7 bn investment to develop the Atlantis and One&Only hotels in Jeddah in partnership with the Public Investment Fund (PIF).

Medina

In numbers and occupancy rates Increasing demand for luxury accommodation and hospitality services in Madinah

Medina's 4% increase in hotel occupancy through October 2023 highlights the growing demand for luxury hospitality services.

New Global Tourism Invests $113 Billion at Tauris Forum“

Huge investments in global tourism with the participation of leaders and decision-makers at the TORAIZE Forum in Riyadh.

A tourist resort in the Amaala tourist destination

Amaala opens on Saudi Arabia's northwest coast at a cost of 51 billion riyals

Saudi Arabia's luxurious Amaala tourism project opens with an investment of 51 billion riyals to boost global tourism.

A $3.6 billion investment portfolio of more than 3,300 hotel units in Jeddah

Creating a $3.6 billion investment portfolio to develop 3,300 hotel units in historic Jeddah.

Shipara Island - new tourist destinations

Saudi Arabia develops new tourist destinations for the middle classes and targets 30 million pilgrims

Saudi Arabia aims to develop new tourist destinations for the middle classes and attract 30 million pilgrims by 2030.

The Ministry of Tourism announces the opening of ten new resorts in Shibara Island in the Red Sea

Opening ten new resorts on Shibara Island to boost tourism in Saudi Arabia by 2026 or 2027.

Al-Khatib: Public-private partnership is key to advancing AI-powered tourism

Saudi Arabia hosts the UNWTO General Assembly to promote public-private cooperation in AI-powered tourism.

Riyadh welcomes world tourism leaders today “UN Tourism” kicks off with 160 countries participating

Riyadh will host the 26th session of the World Tourism Organization with the participation of 160 countries to strengthen the tourism sector through innovation and technology.

Riyadh season welcomes more than two million visitors in less than a month

Riyadh Season 2025 achieves a milestone with more than two million visitors in less than a month since its launch.

Riyadh welcomes the world. Hotels near full capacity as World Tourism Week kicks off

Riyadh welcomes 160 countries with high-ranking officials at World Tourism Week with a sharp rise in hotel occupancy.

Riyadh city

Riyadh is a destination for global events. Saudi Arabia puts tourism at the center of economic development

Saudi Arabia aims to attract 50 million tourists by 2030 and promotes tourism as a pillar of economic development.

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