Saudi Arabia secures $13B in private investment for tourism, targeting $85B revenue and 150M tourists by 2030.
Saudi Arabia secures $13B in private investment for its tourism sector, aiming to develop the industry and share costs of its plan to become a major travel destination. Investments set to add 150-200K hotel rooms within 2 years. The kingdom targets raising tourism revenue to $85B this year from $66B in 2023, aiming to attract 150M tourists annually by 2030 as part of Crown Prince Mohammed bin Salman's economic vision.
March 13, 2024
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