Saudi Arabia's Bid to Host Expo 2030 Starts With $800 Billion Investment in Riyadh

Marriott continues to be a go-to choice for Saudi Arabia when it comes to operators for hotels within the giga-project portfolio. The U.S. hotel giant will be involved in every government-backed tourism project – the latest is an AlUla hotel.

Saudi Arabia is working on its own major commercial cruise line brand designed for those with “Arabian preferences.” AROYA Cruises sets sail next year with a single ship, formerly known as World Dream, the last remaining ship of the struggling Dream Cruises company.

The next generation of Saudi Arabian hotels is coming, marked by the opening of the Kingdom’s multi-billion-dollar giga-projects. Marriott is showing what is possible at these spare-no-expense properties: Asking for the highest room rates in the country.

One of the enduring lessons for tourism as the world emerges from the pandemic is that it really all starts from the ground up — with communities, healthy communities that build the foundation to create a thriving tourism trade.

Saudi Arabia’s increasing focus in the tourism sector and the shift to leisure travel has brought Seera Group from the red to report the company’s first post-pandemic operating profit of $8 million in the third quarter.

Saudi Crown Prince Mohammed bin Salman announced on Monday plans to transform Riyadh airport into a massive aviation hub with six parallel runways and designed to accommodate up to 120 million travellers by 2030, state news agency SPA reported.

American Express Global Business Travel has partnered with Emirates Group-owned dnata to offer its global clients more local expertise in the Middle East region.

Saudi Arabia announced its masterplan for King Salman International Airport — touted to be one of the world’s largest airports. Public Investment Fund, the country’s sovereign wealth fund, will build the more than 57 square kilometres airport, and it will include the current King Khaled airport. With plans for six parallel runways, and including the existing terminals, the airport aims to accommodate up to 120 million travelers by 2030. By 2050, the airport is expected to accommodate up to 185 million passengers and process 3.5 million tons of cargo. The masterplan would boost Riyadh’s position as a global logistics hub, stimulate transport, trade and tourism, and act as a bridge linking the East with the West. The new airport is expected to contribute $7 billion annually to the country’s non-oil gross domestic product and to create 103,000 direct and indirect jobs, in line with Saudi’s Vision 2030 objectives. The kingdom has plans to attract 100 million annual visits by 2030.

Citizens of Saudi Arabia will now be able to rent out their homes to tourists, according to a bylaw approved by the tourism ministry.

Saudi Arabia launched the electronic stopover transit visa for international visitors arriving in the country by air from Monday. The transit visa entitles visa holders to stay in the kingdom for four days and the duration of the visa is three months. The visa is free of cost and it will be issued instantly along with the flight ticket, the Saudi Press Agency reported quoting sources from the foreign affairs ministry. The ministry clarified that applications for transit visas can be submitted through the electronic platforms of Saudi Arabian Airlines and Flynas. The transit visa allows transit passengers, who wish to enter Saudi Arabia to perform Umrah and visit the Prophet’s Mosque in Madinah in addition to traveling inside the kingdom, as well as attending tourism events. The ministry confirms that the digital transit visa service will contribute to achieving the objectives of Vision 2030 by strengthening Saudi’s position and benefiting from its distinguished strategic location connecting various continents, and attractive station for transit passengers as well as a global tourist destination.

Good morning from Skift. It’s Tuesday, February 7. Here’s what you need to know about the business of travel today.

In line with Saudi Arabia’s Vision 2030, the recently-launched New Murabba Development Company will be developing what it calls the world’s largest modern downtown in Riyadh. The New Murabba project will be built around the concept of sustainability, featuring green areas and walking and cycling paths, according to a release. “It will also feature an iconic museum, a technology and design university, a multipurpose immersive theatre, and more than 80 entertainment and culture venues,” the release further stated. Built over an area of 19 square kilometers, the project will also have its own internal transport system and will be located at a distance of 20 minutes’ drive from the airport. As part of the project, Saudi Arabia will also be developing a 400-meter-high-cue shaped skyscraper Mukaab touted to be the world’s first immersive destination offering an experience created by digital and virtual technology with the latest holographics. The project is expected to add $48 billion to non-oil gross domestic product and create 334,000 direct and indirect jobs by 2030. The project is due to be completed in 2030.