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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

Turki Al-Sheikh announces details of Riyadh 2025 ahead of its launch on Friday

It includes 11 entertainment zones, 15 world championships, 34 exhibitions and festivals, and a "Beast Land" area with Mr. Beast.

Riyadh Season logo value

Riyadh Season 2025. Al Shaar surpasses $3.2 billion in market capitalization in two years

Riyadh Season 2025 kicks off on October 10 and features 11 entertainment zones, 15 international tournaments, and nearly 2,100 participating companies.

Smart Tents... A seasonal tourism experience

Integrated camping units that combine hotel facilities with nature, attracting investors and opening up tourism and real estate opportunities in the Kingdom.

Medina

74.7%... Medina tops the Kingdom's cities in occupancy rates of tourist hospitality facilities

Report: 538 licensed facilities of which 69 are new; 64,569 rooms of which 6,628 are new; the city is among the top 100 global destinations

Cities of Saudi Arabia

World Travel Council: Saudi Arabia's cities are key players in shaping the future of tourism

Huge investments in airports, hotels and infrastructure support Saudi Arabia's tourism ambitions under Vision 2030

“Municipalities and Housing Updates Requirements for Hospitality Facilities Get to know them

Modernizing the requirements for hospitality facilities to promote tourism investment, quality of services, sustainability, and integration with building systems and the tourism sector.

International Monetary Fund Riyadh office market

IMF praises the significant growth of the tourism sector and its economic role in the Kingdom

The fund pointed to the arrival of 30 mn tourists and spending of SAR 169 bn in 2024 and the role of tourism in mitigating the deficit.

Hussam Saeed Al-Omari - Graduation Projects

A resort in Asir Hospitality facilities and malls with panoramic views of mountains and valleys

Located in Asir's Adada location, it features a luxury hotel, mall, sports facilities, residences, and sustainably designed landscaping.

How does safety in rides and amusement parks build visitor confidence and attract investment?

Enforcing safety standards in theme parks protects visitors, reduces insurance costs and attracts investors.

“Maeen officially launches hospitality service as part of its home packages in Riyadh

A service to book one or two hostesses for 4/6/8 hours per day in specific neighborhoods in Riyadh via a specific application.

Hisham Al Qasem Real Estate Articles - Real Estate Investment - National Day 95 - Housing Projects Don't buy a property without a consultant - The Journey of Home Ownership

Recreational real estate in Saudi Arabia. From luxury to a promising economic engine

The entertainment sector grows 15% in 2024 and forecasts a CAGR of 12% through 2030, with investment opportunities and operational challenges.

Malak Al Saadoun - Rest Houses and Resorts

Poll: Saadon owners: Attractive resorts and lounges combine residential units with children's activities

The brokerage points to high summer demand for family vacations and resorts with tips for maintaining income throughout the year.

With 49.4 billion riyals. Saudi Arabia first globally in international tourism revenue growth in Q1 2025

Travel surplus of SAR 26.8 billion and visitor spending growth of 10% in Q1, supporting Vision 2030 targets

“Statistics”: 63% hotel room occupancy rate in the first quarter of 2025

The average daily rate in hotels fell 3.4% to around 477 riyals, and the total employment in the sector rose 4.1%.

Residential program

Video... An expert explains the criteria for choosing a tourist property

Explaining the requirements and classifications of tourism real estate, taking into account the needs of visitors and investment opportunities within the Saudi Vision 2030

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