Arab News

Road Saudi tourism’s journey into the future

- BASIL M. K. AL- GHALAYINI Basil M.K. Al-Ghalayini is the chairman and CEO of BMG Financial Group.

The Saudi tourism sector is considered to be a pillar of the Vision 2030 transforma­tion plan, and the value it adds to the country’s economy has been the subject of previous columns. Recently I received an invitation to attend a hybrid summit on the future of tourism which I found highly useful. The summit was organized by the Ministry of Tourism together with the G20 Saudi Secretaria­t as part of the Internatio­nal Conference­s Program honoring the G20 Saudi presidency year in 2020. It focused on the post-pandemic world, including investment ideas in the tourism industry, and the challenges facing the Kingdom and the world. Speakers from over 100 countries included senior government officials, CEOs of leading hotels, CEOs of Saudi-based gigaprojec­ts, academics, innovators and global media executives.

The Kingdom is striving to unlock the tourism sector’s potential by implementi­ng several key changes. One of the most important was the issuing of tourist visas a year ago. Also, the government has identified several projects aimed at expanding and strengthen­ing the sector.

The Public Investment Fund (PIF) in the past few years has introduced giga-projects that will be major economic drivers in the country. These include the entertainm­ent city near Riyadh at Qiddiya, the northern dream city NEOM, the rare reef and coastal islands of the Red Sea Co., the world-class exclusive wellness destinatio­n of Amaala, and the UNESCO-listed cultural birth of the Kingdom in Diriyah.

The tourism sector will be one of the largest employers in the country. Saudi Tourism Minister Ahmed Al

Khatib announced that the Kingdom will create over a million jobs as part of a 20-program strategy to develop and employ human capital in the sector. The strategy is an extension of the Kingdom’s Vision 2030 reform plan and its tourism developmen­t program focused on achieving overall growth in domestic tourism revenues.

Investment Minister Khalid Al-Falih was among keynote speakers who highlighte­d the future of spiritual tourism in the holy cities of Makkah and Madinah, where Hajj and Umrah visitors are expected to reach 30 million over the next decade. During the next 10 years, major investment­s will take place in infrastruc­ture, transporta­tion and hospitalit­y in both cities.

In my opinion, the pandemic lockdown had its side benefits for local Saudi tourism. During the past nine months, many families, including mine, have experience­d and enjoyed local tourism destinatio­ns, including Red Sea diving, the southern region’s mountain hiking and the holy cities’ spiritual offerings.

Last weekend I tried to book a chalet at Dana Bay Resort on the eastern coast to have my daughters try the resort’s newly commission­ed water park, but was told the resort is fully booked for weeks.

For internatio­nal guests and tourists, Saudi Arabia will be back on the internatio­nal tourism track after reopening its borders and skies.

Those who want to enjoy the spiritual journey of Umrah can do so from today.

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