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Saudi Arabia's decision to eliminate hotel licensing fees demonstrates its commitment to boosting tourism and reducing operational costs for hospitality providers. Research indicates that the hotel industry in Riyadh and Jeddah is on the brink of substantial growth leading up to 2030.
We are now well into the third quarter of 2024, and the business travel industry is poised for considerable growth. As I travel around the country and internationally, I have noticed an uptick in people traveling for business in most airports that I have frequented. billion in 2022.
Experts anticipate several trends emerging over the coming year, including an increase in wellness tourism and greater focus on staff wellbeing. Wellness Tourism The global wellness tourism market is expected to be worth 1,592 billion USD by 2030.
Z is for zero carbon Probably the biggest issue facing the real estate sector – and by extension travel and tourism – is reaching net zero carbon, both in construction and operationally. Having a period without travel has made people appreciate their holidays even more.”
Whilst here in the kingdom, the vision is 2030. They grow more organically in a very healthy way without overdoing the tourism segment. They grow more organically in a very healthy way without overdoing the tourism segment. All businesses are here to support the local community and that is the target of vision 2030. .
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