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Articles tagged “red sea”

Tourism

Saudi Tourism Promotes Its All-Season Appeal With New Campaign

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.

Peden Doma Bhutia | 12 months ago

Saudi Tourism Promotes Its All-Season Appeal With New Campaign

News Blog

Saudi Arabia’s Red Sea Global Mulls 2026 Public Market Offering

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. The company is currently examining various options for a public market event, including an initial public offering or the establishment of a real estate investment…

Peden Doma Bhutia | 12 months ago

Tourism

Middle East Tourism Set to Return to Pre-Pandemic Levels in 2023

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.

Peden Doma Bhutia | 1 year ago

Middle East Tourism Set to Return to Pre-Pandemic Levels in 2023

Tourism

Middle Eastern Destinations Lead Global Travel Recovery

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.

Peden Doma Bhutia | 1 year ago

Middle Eastern Destinations Lead Global Travel Recovery

News Blog

Saudi Top Tourism Developer Rebrands to Red Sea Global and Plans 16 New Resorts

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. Formerly known as The Red Sea Development Company (TRSDC), Red Sea Global has long been working on a project along the Red Sea…

Sean O'Neill | 2 years ago

Tourism

Saudi Arabia to Spend $1 Trillion Over a Decade to Build a Global Tourism Economy

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.

Peden Doma Bhutia | 2 years ago

Saudi Arabia to Spend $1 Trillion Over a Decade to Build a Global Tourism Economy

Tourism

Israel Red Sea Resort City Draws Scrutiny for Paying Airlines a Subsidy to Come

Keen to feature the resort city of Eilat in the international tourism map, Israel has reintroduced the plan that allows airlines to avail $65 subsidy for every arriving passenger. However, it may take more than this for the government to woo tourists to the expensive city.

Peden Doma Bhutia | 2 years ago

Israel Red Sea Resort City Draws Scrutiny for Paying Airlines a Subsidy to Come

Tourism

Saudi Arabia Will Prop Up Red Sea Tourism With $2.7 Billion in Financing

Despite the pandemic, the kingdom's not slowing down its tourism push, with the financing set aside to open nine hotels as early as 2024.

Davide Barbuscia and Saeed Azhar, Skift | 3 years ago

Saudi Arabia Will Prop Up Red Sea Tourism With $2.7 Billion in Financing
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SkiftX

Skift Destinations & Sustainability Summit Video: The Future of Regenerative Tourism

In this video we hear from John Pagano, CEO of The Red Sea Development Company and Matt Heidkamp, Skift’s head of creative strategy, on regenerative development in Saudi Arabia and the broader drive towards sustainable solutions in travel’s new era.

Red Sea Development Company + Skift | 3 years ago

Skift Destinations & Sustainability Summit Video: The Future of Regenerative Tourism

Tourism

Alcohol-free resort opens along Egypt’s Red Sea: Will more dry hotels follow?

There's a difference between being sensitive to local concerns and pandering to least common denominator. After years of political repression, Egyptians are having trouble telling the difference between the two.

Omar Fahmy and Asma Alsharif, Reuters | 11 years ago