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International hotel chains are racing to book their locations in Saudi Arabia

International hotel chains are racing to book their locations in Saudi Arabia

The New York Post published a report on Tourism in Saudi ArabiaThe kingdom plans to build a trillion-dollar global tourism economy and shift away from oil to a multi-sector economy. Crown Prince Mohammed bin Salman also hopes to attract around 100 million tourists by 2030 (in 2019, the kingdom attracted only 17.5 million international visitors, according to the World Tourism Organization), making Saudi Arabia one of the most visited countries on Earth.

The plan relies on strong infrastructure that will eventually turn Saudi Arabia into a major tourist attraction in the region.

The first phase of the $50.6 billion Diriyah Gate development is scheduled to begin in Riyadh this fall.

Saudi Arabia also plans to double the population of its capital by 2030. The 370-acre development – about 13 times the size of Hudson Yards – will attract an estimated 25 million visitors annually.

The project includes dozens of hotels, tens of thousands of new apartments, a university, a metro, an opera house, four Michelin-star restaurants, huge numbers of palm trees, and a vast Champs-Elysees-style shopping area – all of which will be completed by 2026.

The first phase of it is expected to open this fall around the ruins of the UNESCO World Heritage Site, Al-Turaif District.

Diriyah Gate

While the most prominent hotel brands in the region will include: Baccarat, Orient Express, Raffles, Park Hyatt, Ritz-Carlton, Rosewood, Four Seasons and Six Senses, which will operate in the new area, according to a report published by the New York Post and seen by Al Arabiya. net”.

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Inzrillo – best known for developing the One&Only brand and Atlantis Resorts, will also be developing its resort in the region as well as opening iconic hotels like Delano’s in Miami Beach – not the only piece of New York City that has landed in the unexpected Riyadh.

In September 2019, Saudi Arabia announced that visitors from 49 countries could enter for a fee of just $117 at the airport.