The role of tourism in diversifying the Saudi economy
Saudi Arabia's vision to attract 150 million visitors by 2030
Saudi Arabia aspires to attract 150 million visitors, both domestically and internationally, by 2030. This goal is part of the Kingdom's efforts to diversify its economy, with tourism expected to contribute 8% to its GDP by the end of this year. According to Vision 2030, tourism is projected to contribute 10% to Saudi Arabia's GDP in the future.
The Role of Tourism in Diversifying Saudi Arabia’s Economy
Saudi Arabia welcomes millions of Muslim tourists each year, securing the Kingdom’s position as the fourth most visited country globally, especially following the introduction of a one-year tourist visa that allows visitors multiple entries. The Kingdom’s diverse natural and historical landmarks attract tourists from all around the world. This has driven significant investment in building resorts and recreational venues with a range of activities suitable for all ages. With a vision of providing top-quality hospitality and tourism services, and aiming to support Vision 2030, Paradise Land Global has launched its initial projects in Mecca and Jeddah, showing its commitment to expanding in line with the sector’s growth. Paradise Land Global’s 15+ years of experience in hospitality and tourism make it well-equipped to offer exceptional services to pilgrims, Umrah performers, and all other visitors to the Kingdom.
Impact of Tourism on the Saudi Economy
Tourism significantly supports Saudi Arabia’s economy in multiple ways, including:
• Creating job opportunities for citizens, leading to an improved standard of living.
• Increasing government revenue and helping to improve the balance of payments.
• Promoting international cultural exchange, thanks to the Kingdom’s rich cultural and heritage sites that attract global visitors.
• Developing infrastructure by enhancing tourist facilities and services to provide high-quality offerings for visitors.
• Raising awareness of Saudi Arabia's heritage, encouraging both domestic and international tourism.
• Relying on tourism as a major income source for the Kingdom, reducing its dependence on oil alone.
Saudi Tourism Goals
The Supreme Tourism Authority seeks to strengthen tourism's role in Saudi Arabia’s economic diversification through:
• Developing tourist facilities and promoting various destinations within the Kingdom.
• Facilitating travel procedures to attract foreign tourists, while providing unique tourism services.
• Promoting tourism awareness to encourage citizens to explore domestic sites rather than traveling abroad.
• Offering full support to private sector investments, encouraging them to establish tourism-based projects within the Kingdom.
Tourism Development in Saudi Arabia
The tourism sector has recently experienced remarkable growth, aiming to fulfill Vision 2030 goals through:
• Launching major tourism projects like NEOM, expected to draw a large number of tourists to the Kingdom.
• Organizing various festivals and events to attract tourists from around the world.
• Building new airports and upgrading hotel facilities to meet global quality standards.
• Developing the Red Sea Project, which will feature over 50 islands open to visitors without a visa.
• Anticipating the launch of the Amaala project in northwest Saudi Arabia to enhance the Kingdom’s health tourism.
• Implementing the Qiddiya project southwest of Riyadh, which will include numerous educational and recreational facilities.
In Line with Saudi Vision 2030
Paradise Land Global introduces a world of luxurious hospitality in line with Saudi Vision 2030. Experience an exceptional stay at Paradise Nice and Paradise Elite hotels in the vibrant city of Jeddah. Our hotels offer a unique blend of comfort and premium services, tailored to meet the needs of various travelers. Whether you’re looking for an enjoyable family vacation or a productive business trip, Paradise Hotels provide an experience that caters to your every need.
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