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Tourism Transformation in Saudi Arabia under Vision 2030: An Investment Perspective.

The report delves into Saudi Arabia's ambitious plan to transform its tourism sector under Vision 2030, which aims to diversify the economy away from oil dependency. It highlights significant investments of over $800 billion in tourism infrastructure and mega projects such as NEOM, the Red Sea Project, and AlUla. The report provides an analysis of the opportunities and risks for investors in this rapidly evolving market and the expected economic impacts, including a substantial increase in tourism's GDP contribution and job creation. It also outlines the strategic frameworks and policy reforms that aim to develop Saudi Arabia as a global tourism destination.

AlUlaGCCInvestmentNEOMRed Sea ProjectSaudi ArabiaTourismVision 2030

Researcher

Vivek Goswami, Ghost Research

Published

2025-08-30

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41Pages of Deep Analysis

149Credible Sources Referenced

12Data Analysis Tables

5Proprietary AI Visuals

Vivek Goswami

11+ Years of Experience

Sectors & Industries

IndustrialsConsumer StaplesEnergy

Functions & Expertise

Go-to-Market (GTM) Strategy & ExecutionPricing & Packaging StrategyCustomer & Voice-of-Customer Research

Perspective.

PurposeTo provide an investment perspective on Saudi Arabia's tourism transformation under Vision 2030.

AudienceInvestors, policymakers, business leaders, and stakeholders in the tourism and hospitality industry.

Report LengthComprehensive

Focus Areas.

Industries JobsTourism, hospitality, cultural and eco-tourism industries, with job creation across these sectors.

Geographic AreasSaudi Arabia, with links to global tourism markets.

Special EmphasisSustainability, innovation, policy reforms, and cultural transformation.

Report Layout.

Executive Summary

Key highlights
Investment opportunities and risks

Introduction to Saudi Arabia's Economic Transformation

Historical Context

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Insights.

Saudi Arabia plans to increase tourism's GDP contribution from 3% to 10% by 2030.Over $800 billion is allocated to tourism mega projects such as NEOM and Red Sea Project.Vision 2030 aims to create one million new tourism jobs by 2030.Significant reforms include tourist visa introductions and cultural liberalization.Saudi Arabia's competitive advantages in tourism include unique cultural and natural sites.

Key Questions Answered.