Saudi Arabia plans 250.000 new hotel rooms by 2030

Saudi Arabia plans to add 250,000 hotel rooms by 2030, with the private sector signing contracts to build 75,000 of them, according to the minister of tourism.

Speaking during a ministerial panel session at the Private Sector Forum held in Riyadh, Ahmed Al-Khateeb stated that the total number of hotel rooms in the Kingdom has reached 280,000 since the end of 2023.

“The quality of the rooms and projects is very excellent and will place the Kingdom among the best in the world. The target for 2030 is approximately 550,000 hotel rooms,” the minister said, adding: “Today, we continue to reach 10 percent contribution to the gross domestic product, and we have reached 7 percent contribution to the non-oil GDP.”

Al-Khateeb also announced that the Kingdom has surpassed its initial target of attracting 100 million tourists by the year 2030, revealing that Saudi Arabia has welcomed 100 million tourists, comprising 77 million domestic travelers and 27 million international visitors.

During the session, Al-Khateeb also stated that approximately 12 resorts on the Red Sea will open within a year and a half.