Saudi Crown Prince Mohammad bin Salman will be in Brussels on Wednesday for the first EU–Gulf Cooperation Summit, Euronews can reveal.
14.10.2024 - 21:28 / skift.com / Josh Corder
The 1,800-kilometer Saudi Red Sea coast is split into three areas by authorities: the north side for luxury; the center for culture and entertainment at a variety of prices; and the south for mid-market and budget choices.
But most of the attention has been on luxury mega projects in the north – the center and south haven’t announced much large-scale development.
A new report from the Ministry of Investment and the Saudi Red Sea Authority (SRSA) reveals new details about tourism development for mid-market and budget stays.
There are almost 250 hotel and tourism projects listed – most of the new projects are in secondary cities rather than Riyadh or Jeddah and many are outside of luxury. You can access them here.
We detail some of the most interesting ones below.
Saudi wants to build a $293 million development in the coastal city of Rabigh called “The Peninsula”. The beachfront project will be around an hour from the holy city of Makkah and is designed for both the domestic and international markets.
To the north of the country, resorts are planned in Aseer. One such project is a 60-room beach resort targeting “upper-middle class families,” who will spend around $100 a day on their trip. The project will cost around $840,000 to build, a stark contrast to the resorts of The Red Sea where a single property can cost millions.
Also in Aseer is a planned 250-room beach resort for families. This project will cost $82.9 million to build and will be four-star. Plans include a waterpark, beachfront chalets, a kids club and up to eight restaurants.
In the proposal for this resort, the government says Aseer will have 50% three-star hotels.
“The region will offer a mix of affordable assets and luxury anchor projects [50% of hotel keys at 3 stars]. The existing PIF projects, Abha downtown, Al Souda, and Habala will play a crucial role as high-end anchor assets and have been factored into our strategy Aseer will attract 8.6 m visits in 2030 tripling the current leisure visits. Growth mainly originates from domestic leisure [+250%] and international tourism.”
In the southwest of the city is Taif, which has planned an “adventure park and eco-lodge.” Here, a destination with a zip wire, tree-top rope walks, paint ball, equestrian, archery and petting zoo is planned. It is a mid-scale project that will cost $6.6 million to build.
Taif is targeting 4.1 million visitors by 2030, up from 2.3 million in 2022.
In Al Madinah, western Saudi Arabia, a “budget” camping resort is being planned with just 60 keys. A similar glamping resort is planned in Haql, a coastal city close to Neom’s luxurious Gulf of Aqaba project.
Saudi Crown Prince Mohammad bin Salman will be in Brussels on Wednesday for the first EU–Gulf Cooperation Summit, Euronews can reveal.
One of the challenges of living in a prominent transit hub like New York City can be navigating your way to and from its airports.
Delta Air Lines officially has two business-class-only lounges open after cutting the ribbon last week on its dazzling 10,000-square-foot Delta One Lounge inside Terminal 3 at Los Angeles International Airport (LAX).
Delta Air Lines is giving its cabins a whole new look with a new color palette, breathable materials, memory foam cushions, and more.
Delta Air Lines is giving its cabins a new look.
The Indian government is planning to invest INR 920 billion ($11 billion) in airport infrastructure. This fund will be used for construction of new airports and expansion of existing ones, India’s civil aviation minister Kinjarapu Rammohan Naidu said.
Sharjah, one of the seven emirates in the UAE, is less than an hour from the super-modern Downtown district of Dubai. But unlike Dubai and other emirates, Sharjah is focused on becoming the national center of cultural tourism – it favors tents, camps and eco-resorts over mega-structures.
Riyadh Air CEO Tony Douglas is confident that the startup — which is positioning itself as Saudi Arabia's elite answer to the big Gulf carriers — will take to the skies next year.
Wynn Resorts has upped its budget, financial projections, and ambitions for its casino project in the UAE, according to a presentation it gave to investors and analysts Tuesday.
In a year marked by regional instability and war, Saudi Arabia’s inbound arrivals have continued to grow.
Baja California has solidified its position as a world-class wine region, securing 32 of the 52 medals awarded to Mexico at the prestigious 2024 Bacchus International Wines and Vermouth Competition. This remarkable achievement underscores the exceptional quality of wines produced in the region.
Airbus is about to kick-start a new era of long-haul travel.