Good morning from Skift. It’s Thursday, October 5. Here’s what you need to know about the business of travel today.
15.09.2023 - 16:53 / edition.cnn.com
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Travelers are running out of new places to discover, but there could be one treasure hidden in plain sight.
Saudi Arabia’s Red Sea coast stretches for more than a thousand miles, from the northern border with Jordan in the Gulf of Aqaba to Yemen in the far south.
Much of that, outside of big cities like Jeddah, is undeveloped coastline of turquoise water, offshore islands, pristine beaches and coral reefs.
Now, as part of Saudi’s Vision 2030 plan to diversify the economy, reduce its reliance on oil revenue and implement social reform, a number of ultra-luxury schemes, touted by government-funded developers as the pinnacle of eco-consciousness, are under way on the Red Sea shores.
“This is really exciting to see this is opening up to the world,” says Firas Jundi, regional manager of the Middle East for PADI, the Professional Association of Diving Instructors.
“I grew up in Saudi and started diving there in 1989, and then the north was only accessible via four-wheel drives.
“When you get to the shore you see it is pristine, untouched, with clear visibility, like a huge swimming pool full of fish.
“This has not been a diving destination so you can imagine how protected the coral is.”
The shimmering mirrored building that vanishes into the desert
The Red Sea region encompasses 28,000 square kilometers of coastline and 90 offshore islands some 300 miles north of Jeddah, and AMAALA, further north in the Prince Mohammed bin Salman Natural Reserve, are part of Saudi’s so-called giga projects.
They will feature boutique resorts offering a wealth of water sports and other activities including arts, culture and education based around the sea, the desert, the dunes and the mountains, say developers.
Both will be served by the forthcoming Red Sea International Airport which is scheduled to open to domestic flights in 2023.
“When I first came here and went out to the islands and saw about seven shades of blue, I thought, ‘how many shades of blue can you get in the sea?’” says Rosanna Chopra, the executive director of destination development for Red Sea Global, the umbrella development company for the projects, owned by Saudi’s government-controlled Public Investment Fund (PIF).
“Even now I think, ‘What on Earth is this glorious place and why has it been such a secret for so long?’
“The islands and the marine life and the dolphins, it’s just like some sort of fantastical world. You become really overwhelmed by the responsibility of trying
Good morning from Skift. It’s Thursday, October 5. Here’s what you need to know about the business of travel today.
For a long time, perhaps the only comparison one could draw between Monaco and Gulf capital Saudi Arabia was a lack of personal income tax. Now, Saudi is looking to become a bit more like Monaco when it comes to its lavish yachting industry.
Saudi Arabia will put in its bid to host the 2034 FIFA World Cup. To win it, the kingdom must meet new hosting requirements, including a stellar track record in human rights and a commitment to sustainability.
Good morning from Skift. It’s Wednesday, October 4. Here’s what you need to know about the business of travel today.
Saudi Arabia has become a “must-see destination”, Zurab Pololikashvili, secretary-general of the United Nations World Tourism Organisation, said in Riyadh during the opening ceremony of World Tourism Day this weekend. “This is a country that always looks forward, and in big ways,” he continued. “Saudi Arabia is now the second-biggest place for foreign direct investment projects in all the Middle East and Africa. I’m proud to say we count on the support of Saudi Arabia.”
Saudi Tourism Authority and Ant Group have signed a MoU (Memorandum of Understanding) to explore introducing Alipay+, a suite of unified global mobile payment and marketing solutions, to Saudi Arabia, aiming to provide a seamless mobile payment experience for Asian tourists in Saudi and beyond and to further expand Alipay+’s global coverage.
In a significant milestone, the World Travel & Tourism Council (WTTC) and the Ministry of Tourism of Saudi Arabia have announced the extension of their partnership through the signing of a Memorandum of Understanding (MoU).
During a historic visit to Saudi Arabia earlier this week, Israel’s Minister of Tourism said that it is the travel industry that can thaw the frosty relations between the two countries. Haim Katz’s visit marked the most senior member of the Israeli government to visit the Gulf kingdom.
Saudi Arabia will raise its previous 100 million visitors by 2030 target to 150 million, as kingdom officials say the old number is too low. The move was revealed during the Skift Global Forum 2023 by Mahmoud Abdulhadi, Deputy Minister, Destination Enablement at the Ministry of Tourism.
Saudi Arabia’s tourism and hospitality sector is in high gear to achieve industry targets set under Vision 2030, industry leaders said during a panel at FHS on Tuesday. “No sector matches tourism in creating jobs, especially in rural areas and communities that are currently suffering from unemployment. One in every five jobs globally today is supported by tourism, so that’s tourism is such an important sector,” Badr Alherbish, chief strategy officer of Saudi Arabia’s Tourism Development Fund, said in one of the sessions of the three-day Future Hospitality Summit in Abu Dhabi.
The UNESCO World Heritage Committee added 42 sites to its World Heritage List this month, recognizing cultural and natural sites across the globe from Europe and Africa to the United States.
Saudi Arabia, UAE and Egypt are the driving forces behind the Middle East’s $1.9tn hospitality and residential project development boom.