With around $110 billion pegged for the hospitality industry and a further 310,000 hotel rooms in the pipeline, Saudi Arabia is undergoing a transformative construction boom as it aggressively looks to lead the global travel and hospitality industry.
BARCELONA: The 11th Real Estate Development Summit Saudi Arabia/ Europe Edition kicked off in Barcelona, Spain, with speakers discussing the Kingdom’s burgeoning real estate and tourism markets. “It takes two and a half hours to fly from one corner of Saudi Arabia to another; people don’t realize the size of the vastness, and the difference in climate and natural features.