Saudi Arabia's Ministry of Tourism has announced the expansion of more than 50 global hospitality brands in the Kingdom, with more than 200,000 new rooms expected to be added to tourism supply by 2030, amid growing tourism demand and the widening scope of development projects in the sector.
In a special report titled "Global Investments in Saudi Tourism", the ministry said the Kingdom has become the largest tourism market in the Middle East in terms of the volume of tourism development projects, with investments exceeding $120 billion and around 50% of the expected new rooms funded by private sector investment, according to a post on the Saudi Press Agency website.
The Ministry of Tourism issued the report alongside its participation in the Future Hospitality Summit, held in the capital Riyadh from 22 to 24 June 2026, highlighting global investors' appetite for entering and expanding in the Saudi tourism market.
The report highlighted the investment environment supporting the sector's growth and the developments in the tourism sector's regulatory frameworks, the simplification of licensing procedures, and the provision of investment incentives, digital services and business centers that help shorten the investor journey, clarify requirements and ease access to the relevant authorities.
The report also covered the main factors that have strengthened the attractiveness of investment in Saudi tourism, led by the diversity of demand sources, easy access to destinations, infrastructure development and the growth of the hospitality sector, as well as national talent development programs that support operational readiness and supply tourism projects across the Kingdom's regions with staff qualified to international standards.
The report is part of the Ministry of Tourism's efforts to highlight opportunities in the sector and provide indicators and data that help local and international investors understand the market and read its opportunities more clearly, strengthening private sector participation in building the future of Saudi tourism and achieving the targets of Saudi Vision 2030. The report is available on the Ministry of Tourism's official website.
