Articles tagged “red sea”

Looks like we will no longer be comparing Dubai's tourism to 2019. Time to update those comparison charts!

Asfar's launch aligns with the Saudi sovereign fund’s broad strategy, which is centered around tapping opportunities within the tourism sector and building strategic partnerships with private companies.

The Middle East's aviation sector is poised to play a pivotal role in shaping the region's tourism narrative.

The Chinese are coming and Middle East destinations are harnessing the mighty impact of these visitors to conquer ambitious tourism goals.

When you are a destination as ambitious as Saudi Arabia with an aim to attract 100 million annual visitors by 2030, you have to emphasize year-round appeal to avoid missing out on travelers.

Red Sea Global, a company fully owned by Saudi Arabia’s Public Investment Fund, is exploring the possibility of a public market offering, with plans to launch as early as 2026.

UNWTO may not be too far off the mark on its recovery prediction for the Middle East considering the number of hotel openings and new projects in the region. However, the road to recovery is fraught with economic and geopolitical risks.

The latest data underlines the strength of the travel recovery in the Middle East, thanks in large part to the FIFA World Cup. What next after the World Cup is the million-dollar question here.

Saudi Arabia's flagship tourism project developer has rebranded to Red Sea Global (RSG) and said it would open three resorts in 2023 and 13 more in 2024, reported Al Arabiya on Tuesday.

With a goal to attract 100 million tourists a year by 2030, Saudi Arabia realizes that it will have to promote itself aggressively as a leisure destination. A trillion dollars looks pretty aggressive.