The Saudi tourism sector is getting a big investment from the World Travel and Tourism Council. The World Travel and Tourism Council (WTTC) members will invest $10.5 billion in Saudi Arabia’s tourism sector.
Saudi Arabia is continuing to evolve its tourism sector in order to make the country a tourist destination. It all comes as a part of Vision 2030, which is the Saudi framework to reduce the country’s dependence on oil and diversify its economy.
Julia Simpson, president and CEO of WTTC, said Saudi Arabia is showing incredible commitment to developing its tourism sector. Speaking ahead of the WTTC Global Summit in Riyadh on Nov. 28, Simpson noted that Saudi Arabia is planning to attract 100 million visitors globally by 2030.
Saudi Minister of Tourism Ahmad Al-Khateeb said the tourism sector is still recovering from the Covid pandemic, but that the number of international arrivals in the Kingdom has already climbed to 70 percent of pre-pandemic levels.
Al-Khateeb said he was proud of the progress that the country has made in the tourism sector, and that Saudi is a fast-growing destination.
The tourism minister also said that Riyadh is set to become the capital of the global tourism industry. Tourist destinations in the Kingdom are being built and will operate in a sustainable manner, he said.
This year’s WTTC Global Summit is being organized at the King Abdul Aziz International Conference Center under the theme “Travel for a Better Future.” There will be a big focus on maintaining healthy environmental operational standards in the tourism sector.
American actor, environmentalist, and entrepreneur Edward Norton will be a keynote seeker at its global summit in Riyadh on Nov. 30. Some other prominent personalities who will speak at the summit include former UK Prime Minister Theresa May, Jerry Inzerillo — Group CEO of Diriyah Gate Development Authority, and Paul Griffiths, CEO of Dubai International Airports.
Former UN Secretary-General Ban Ki-Moon will also address delegates in person during the event.