Luxury hotels plan to open locations in Saudi Arabia

The US newspaper The New York Post published a report on tourism in Saudi Arabia, as the kingdom plans to build a trillion-dollar global tourism economy, and shift away from oil to a multi-sector economy.

Crown Prince Mohammed bin Salman also hopes to attract around 100 million tourists by 2030, making Saudi Arabia one of the most visited countries on earth.

In 2019, the kingdom attracted only 17.5 million international visitors, according to the World Tourism Organization

The plan relies on a strong infrastructure that will eventually turn Saudi Arabia into a major tourist attraction in the region.

The first phase of the $50.6 billion Diriyah Gate development is scheduled to begin in Riyadh this fall.

This 370-acre development – about 13 times the size of Hudson Yards – will attract an estimated 25 million visitors annually.

The project includes tens of hotels, tens of thousands of new apartments, a university, a metro, an opera house, and 4-star restaurants.

The first phase of it is expected to open this fall around the ruins of the UNESCO World Heritage Site, Al-Turaif District.

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