Introduction

The tourism sector in Saudi Arabia is witnessing exceptional growth under the Saudi Vision 2030, which aims to diversify the economy and increase tourism’s contribution to the GDP. With this major transformation, investing in tourism projects has become a promising and profitable opportunity.
But the most important question is:
Does your tourism idea need a feasibility study? And how can you determine if it’s viable?
This is where the importance of a feasibility study becomes clear—as a vital tool that helps you understand the market, analyze costs, estimate potential profits, and guide your investment decisions with confidence and professionalism.
Why Do You Need a Feasibility Study for Your Tourism Project?

A feasibility study is not just a formal step—it is the cornerstone of any successful project.
Especially in tourism projects, where the market intersects with culture and experience blends with economics, an in-depth study provides you with:

A clear understanding of the tourism market in your target area

Analysis of competition and alternative locations

Identification of visitor needs and expectations

Accurate estimation of operational and capital costs

Measurement of expected returns and payback period
Key Elements of a Feasibility Study for a Tourism Project in Saudi Arabia

When preparing a feasibility study for a tourism project—such as a resort, heritage hotel, mountain camp, entertainment center, or agritourism farm—the following elements are typically focused on:

1. Market Study:

Analyzing local and international tourism demand

Classifying types of tourists (leisure – cultural – medical – eco – religious)

Studying competitors in the area

Identifying the project’s competitive advantage

Developing a marketing and public relations strategy

2. Technical Study:

Selecting the project location and appropriate land area

Defining the type of project (resort – hotel – chalets – desert lodge – etc.)

Determining infrastructure needs (facilities, roads, electricity, water)

Creating architectural and interior designs that reflect the project’s identity

3. Financial Study:

Estimating total costs (construction – equipment – operations)

Calculating expected revenues based on occupancy rates

Evaluating key financial indicators:

Return on Investment (ROI)

Payback Period

Break-even Point

Conducting scenario analysis (pessimistic, realistic, optimistic)
Is Now the Right Time to Invest in Tourism in Saudi Arabia?
The clear answer: Yes, now is the golden opportunity.
Here are some indicators that support this:

A surge in the number of visitors to the Kingdom, with increases exceeding 50% in some regions in recent years

Ongoing development of tourism infrastructure (airports, roads, hotels)

Strong government support for tourism and entertainment activities

Financing and incentive programs for both local and foreign investors
Value for Feasibility Studies and Business Solutions: Supporting the Success of Your Tourism Project
At Value for Feasibility Studies and Business Solutions, we provide you with a comprehensive feasibility study for your tourism project, including:

In-depth analysis of the tourism market in your target area

Professional technical study backed by expertise in tourism project design

Comprehensive financial analysis with multiple realistic scenarios

Practical recommendations and effective operational and marketing strategies

Whether you’re planning a mountain resort in Asir, a boutique hotel in Riyadh, or an eco-tourism experience in AlUla — we’re here to help turn your idea into a successful project on the ground.
Tourism is not just a promising sector—it’s a golden opportunity awaiting the smart investor.
Start with a well-calculated step by conducting a professional and comprehensive feasibility study that helps you minimize risks and maximize profits.

Don’t hesitate to reach out to us via WhatsApp or call us directly.
The Value team is pleased to offer a free initial consultation and guide you step by step toward a successful tourism project in the heart of the Kingdom.

Value – Experts in Feasibility Studies, Partners in Success.