KSA unleashes massive hospitality expansion – and a wealth of investment opportunities – as tourism spending nears US$40 billion ...Middle East

Riyadh, Saudi Arabia – 25 April 2024: The Kingdom of Saudi Arabia is expected to deliver 320,000 new hotel rooms – with a development cost of US$37.8 billion – by 2030 as part of its unprecedented investment in infrastructure, tourism transformation and real estate, according to industry data released ahead of the Future Hospitality Summit Saudi Arabia, 29 April to 1 May.

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