The Future Hospitality Summit, hosted in Riyadh, returned to Saudi Arabia after an sold-out event in 2022.
The conference program included tracks from the Saudi Arabian Hospitality Investment Conference (SHIC), Global Restaurant Investment Forum (GRIF) with a continued focus on sustainability, innovation, startups and human capital development. It has been a very good occasion to discuss on the untapped opportunities that Saudi Arabia has to offer, especially when it comes to the global wellness sector, worth $800 billion in 2022.
HE Gloria Guevara, chief special advisor to His Excellency Ahmed Al Khateeb , minister of tourism for the Kingdom of Saudi Arabia. She spoke at the event and posted on her LinkedIn. The Future Hospitality Summit hosted in Riyadh last week has been a very good occasion to discuss on the untapped opportunities that Saudi Arabia has to offer, especially when it comes to the global wellness sector, worth $800 billion in 2022.
Investing in holistic hospitality is now paramount and the Saudi private sector is leveraging on the competitive advantage the country has, its hospitality and unique regions and products, from the beautiful Taif roses to the desert dates palms, as well as starting businesses which promote and celebrate wellbeing and ecotourism. International wellness tourists spend 35% more on average than traditional leisure tourists, and the sector is projected to reach $1.1 trillion by 2025.
Saudi Arabia is the next top destination for wellness tourism, and it is capitalizing on such a positive momentum and investing in sustainable travel for everyone, especially our youth and future generations. FHS Saudi Arabia had 1100 attendees from 35 countries. 150 speakers and 71 partners contributed.
