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Construction of a tourist resort
The project aims to create a luxury tourist resort in a prime location, with a focus on providing a premium leisure and entertainment experience.
The resort will include a range of villas, swimming pools, a spa, and recreational facilities such as restaurants and cafes.
The resort will be an ideal destination for local and international tourists looking for a luxurious tourism experience.
The project will contribute to boosting the local tourism sector and create job opportunities in various fields such as hospitality, management, and services. It will also contribute to stimulating the local economy by attracting tourists and investors.
Opportunity Content
Rationale for choosing the project
Rapid growth of the tourism sector:
With Vision 2030, the Kingdom is seeking to boost domestic and international tourism, driving demand for luxury and mid-range resorts.
Growing visitor numbers:
Easier access to tourist visas and an increase in the number of recreational and sporting events and festivals are boosting demand for resorts.
The Kingdom’s geographical location:
Saudi Arabia’s scenic locations such as the Red Sea, the Asir Mountains, and the Arabian Desert are ideal destinations for the development of resorts.
Government support for tourism investment:
The government offers incentives to investors in the tourism sector such as financing facilities, tax exemptions, and infrastructure development.
Demand analysis
Target markets:
Domestic tourists from families and young people.
International tourists from the Gulf and Western countries looking for unique experiences in the Kingdom.
Market trends:
The Kingdom’s tourism sector is expected to grow by 10% annually, driven by increased leisure activities and the development of tourist destinations.
Competition analysis:
Competition from major hotels and resorts, but demand exceeds current supply, presenting opportunities for investment.
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