“Al Jazeera” – Abir al-Zahrani:
Real estate and tourism experts emphasized that the state’s tendency to open up the region to attract tourists from all over the world required the provision of tourist real estate products that absorbed the culture and customs of foreign tourists. provide them with a resilient life and a safe environment. ,
Abdullah Al-Otaabi, an investor in the real estate and tourism sector, said: There is no doubt that Prince Mohammed bin Salman’s vision has long-term positive dimensions, whether in the real estate or tourism sector, and there are twins between them real estate. Linking to tourism projects, for example, but not limited to modern resorts, whether marine or resorts. Situated on the outskirts of cities, they offer a sea chalet ambiance with its modern hero in terms of swimming pools. and recreational facilities for Eastern and Western families. There is no doubt that there is a huge trend in this type of investment, despite the presence of some simple hurdles that require the support of the authorities to overcome them by agreeing to their declaration as a tourist. Attracting foreign tourists due to all the elements of tourism. Lastly, we would like the Secretariat to facilitate certain licensing procedures to achieve this twinning, which is in the interest and vision of our liberal country. Economic writer Salem al-Dosari said: Today we see the Kingdom as the global mantra of excellence and achievement of tourism in a short period of time and a competition in the global tourism sector. The world towards a strong and prosperous future.
The Kingdom is seeking to promote and develop the tourism sector by 10% of GDP by 2030 instead of 3.5% at present, by pumping projects, developing infrastructure, highlighting the state’s national and historical heritage and developing existing tourist destinations. Recently, it allocated $64 billion to revive tourism and highlight its constituents through the entertainment industry, hosting several international festivals, amending and facilitating certain tourism laws, and opening up tourist visas. So that the tourism culture of the state becomes a bridge. To increase the level of human cultural communication and mutual understanding and respect between people. Investing in tourism is one of the most important pillars of the State’s vision while moving forward to achieve its ambitions and goals, which the State has to undertake with the cooperation of investors from within the country and abroad, and the creation of local investment funds, including the Tourism Development Fund. wants. By 2030, the Kingdom has over 100 million passengers annually, increasing the capacity to 500,000 hotel rooms and its airports across the state.
Real estate expert, Omar Al Kindi said: There is no limit to the features and motivating factors that Vision 2030 offers to local and international real estate investors in the tourism sector. Vision 2030, led by His Royal Highness Prince Mohammed bin Salman, affirms that “tourism is the future of real estate investment in the kingdom.” The economic and social benefits and the specific gravity shown by tourism in the state and the importance of its geographical location, which is rarely available in any one country, makes it rich with diverse tourist attractions which provide many excellent opportunities for real estate investors in the tourism sector. Produces, and achieves, comprehensive sustainable development at the level of the individual and society. This includes both environmental, social and economic aspects. As part of an extraordinary development phase that the Kingdom is going through and in the context related to the scale of national social responsibility, and given by the wise leadership in the implementation of the objectives of the Kingdom’s Vision 2030, to activate the real As a level of interest in property investment in the tourism sector, the state represented by the Ministry of Tourism has made great progress at the local and international levels and has achieved many achievements with the support of its leadership. According to data published on the official page of the Saudi Ministry of Tourism on Twitter, the Kingdom recorded 60 million domestic overnight trips, with a growth rate of 25% compared to 2019, and achieved 80 billion riyals, the amount spent on domestic overnight trips, The number of visits “other than Hajj and Umrah” increased by 76% during the last quarter of 2021, with an increase of 30% compared to 2019.
The report also indicated that the average global recovery was recorded at 24% from 2019 levels and also achieved a 10% increase in the number of workers in the tourism sector in the Kingdom compared to the end of 2020.