Bringing The World To Saudi
The Saudi horizon is vast, and it's gleaming with golden opportunities for the discerning entrepreneur.
The majority of the US$1 trillion investment that has been earmarked for developing the Saudi tourism economy to date has been deployed for this leisure segment.
In 2030, and Saudia is expected to be the carrier of choice for over 30 million pilgrims annually, and an additional 70 to 80 million visitors looking to explore the smorgasbord of tourist offerings in the Kingdom.
Prior to 1946, around 60,000 pilgrims visited Mecca annually; that's a 500x expansion in annual pilgrims to be witnessed in 84 years, should Vision 2030's target of 30 million pilgrims per year be realized.
Gateway industries such as tourism, local manufacturing and smart services are generating jobs for future Saudi youth –and for the first time– opening Saudi Arabia to the world.
Tourism is responsible for one in 12 jobs around the world today, employing 330 million people around the world.
With growth in tourism, comes growth in hospitality and F&B offerings, and the economics of trickling down to individual restaurant owners, taxi drivers, tourism operators, and more.
Bringing The World To Saudi: A New Entrepreneur Middle East Report Looks Into Saudi Arabia's US$1 Trillion Investment In The Tourism Industry
The special report details how Saudi Arabia is evolving and developing its tourism sector from catering nearly exclusively to religious tourism in the past, to opening its doors to visitors from around the world in 2019 through major investments made in leisure tourism.