Saudi Arabia Highlights Investment Initiatives in Tourism at International Hospitality Investment Forum

  • 📰 SATodayNews
  • ⏱ Reading Time:
  • 73 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

South Africa Today, News source, provides breaking news on South Africa, world, Africa, sport, travel and more.

Saudi Arabia Highlights Investment Initiatives in Tourism at International Hospitality Investment Forum

The Saudi Ministry of Tourism is currently taking a prominent stage at the International Hospitality Investment Forum , presenting a unique opportunity for global investors to dive into the thriving tourism landscape of the Kingdom. With the spotlight on the Tourism Investment Enablers Program , that was recently announced, Saudi Arabia is aggressively pushing towards its Vision 2030 goal of being a top global tourism destination for investors and tourists alike.

The IHIF audience is getting a close look at Saudi Arabia’s plans to expand its accommodation capacity dramatically. The Kingdom is targeting an increase in hotel rooms to over 500,000 and aiming to welcome 150 million visitors annually by 2030. The HIE stands at the core of these ambitions, designed to energize the hospitality sector by introducing a new wave of supply in targeted tourism hotspots, significantly enriching the Kingdom’s diverse tourism offerings.

Saudi Arabia’s active participation in IHIF aims to showcase the Kingdom as an enticing investment frontier for international investors, emphasizing the lucrative opportunities within the tourism and hospitality sectors. This global stage provides the perfect platform for the Ministry of Tourism to forge lasting partnerships and highlight the Kingdom’s commitment to elevating its tourism industry standards, fostering sustainable growth, and offering robust support to investors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 44. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa: 3i Africa Summit to Spearhead Investment Drive for African FintechsGiven the catalytic potential of digital technologies in Africa, experts have emphasized the need to galvanize investments and set regulations tailored for fintech growth on the continent.
Source: allafrica - 🏆 1. / 99 Read more »

Platinum to Bitcoin: Shifting investment paradigms in South Africa's economyAs individuals learn how to trade crypto, they are drawn by the promise of high returns, despite the volatility associated with these digital assets
Source: mailandguardian - 🏆 2. / 92 Read more »