Saudi Arabia Approves 19 Hotel Projects in SAR6.7 Billion Tourism Push
Saudi Arabia has approved 19 hospitality projects across five tourism destinations, targeting SAR6.7 billion in investment and over 3,000 additional rooms. Approximately 40% of the planned accommodation will serve coastal destinations, giving beach tourism a substantial share of the expansion. The Ministry of Tourism and Ministry of Investment announced the approvals on October 19, 2026,