‎Saudi tourism assets see 5x surge since Vision 2030 launch: Minister

‎Saudi tourism assets see 5x surge since Vision 2030 launch: Minister ‎Saudi tourism assets see 5x surge since Vision 2030 launch: Minister

​‎

Khalid Al-Falih, Minister of Investment Khalid Al-Falih

Minister of Investment Khalid Al-Falih said total assets invested in the Saudi tourism sector increased fivefold since the launch of Vision 2030.

Advertisement

For the same period, cash flows from foreign direct investment into hospitality have jumped by approximately eight times, he told a panel during the TOURISE 2025 conference.

Al-Falih added that Saudi Arabia has added 180,000 hotel rooms since the launch of the national tourism strategy.

He also noted that Saudi Arabia, if not being the best destination for investment given its vast capabilities, is among the frontrunners.

 

Khalid Al-Falih, Minister of Investment Khalid Al-Falih

Minister of Investment Khalid Al-Falih said total assets invested in the Saudi tourism sector increased fivefold since the launch of Vision 2030.

For the same period, cash flows from foreign direct investment into hospitality have jumped by approximately eight times, he told a panel during the TOURISE 2025 conference.

Al-Falih added that Saudi Arabia has added 180,000 hotel rooms since the launch of the national tourism strategy.

He also noted that Saudi Arabia, if not being the best destination for investment given its vast capabilities, is among the frontrunners.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement