The Kingdom of Saudi Arabia is expected to deliver 320,000 new hotel rooms – with a development cost of US$37.8 billion – by 2030 as part of its unprecedented investment in infrastructure, tourism transformation and real estate, according to industry data released ahead of the Future Hospitality Summit Saudi Arabia, 29 April to 1 May.
With the spotlight on sustainability like never before, the hospitality industry the world over can – and is – playing a key role in supporting government ESG initiatives and green goals.
Future Hospitality Summit (FHS) Saudi Arabia has unveiled a stellar line up of speakers and an action-packed agenda with over 1,200 hotel investment decision makers expected to attend at the Mandarin Oriental Al Faisaliah, Riyadh from 29 April to 1 May 2024.
ASFAR, the Saudi Tourism Investment Company, wholly owned by the Public Investment Fund, said that a number of tourism facilities in the Al-Baha and Yanbu regions (west of the Kingdom) will be ready to receive visitors at the beginning of 2025.
ASFAR and Municipality of Al-Ahsa sign MoU to develop a major tourism attraction in the Eastern Province zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.