Saudi Arabia to build 250k rooms

HE Ahmed Al Khateeb, Minister of Tourism, Kingdom of Saudi Arabia shared that the Kingdom will be completing over 250,000 hotel rooms in the next few years. The significant increase in the number of inbound tourists reflects travellers’ confidence in the Kingdom’s attractive and diverse tourism offering, thereby enhancing Saudi Arabia’s standing as a leading global tourist destination.  “As the Minister of Tourism and Chairman of the Executive Council of the UN Tourism Organization, I would like to shed light on the global tourism industry. We are finally recovering from the devastating impact of the pandemic, and I am optimistic that by the end of this year, we will see full recovery. Let us hope we never experience another crisis of such magnitude. Tourism is not merely a sector—it is a vital engine for economic growth and job creation. Globally, tourism accounts for 10% of jobs, and 80% of tourism businesses are small and medium-sized enterprises (SMEs)—entities that often cannot withstand major crises. Importantly, 45% of the workforce in this industry comprises women, making tourism an essential driver of social and economic progress, especially for smaller nations like those in the Caribbean and Pacific Islands. The World Travel & Tourism Council predicts that tourism will almost double over the next decade—a testament to its potential. In alignment with Vision 2030, Saudi Arabia recognized this opportunity and pivoted from its historical focus on oil and gas. For decades, we excelled in building industries like petrochemicals—where SABIC is now among the world’s top five companies—and advanced financial services. Today, under Vision 2030, we are unlocking new sectors: tourism, culture, sports, and entertainment. The results speak for themselves.”