Thursday, January 23, 2025 Saudi Arabia spearheads global talks at Davos 2025, showcasing tourism’s transformative power in driving economic growth, sustainability, and global collaboration. Tourism’s transformative power in fostering economic diversification and global prosperity takes center stage at Davos 2025, the World Economic Forum’s Annual Meeting. Saudi Arabia’s Minister of Tourism, Ahmed Al-Khateeb, joins the Saudi delegation, led by His Highness Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs.
Together, they aim to shed light on how travel and tourism are pivotal to economic growth, sustainability, and innovation. Saudi Arabia’s Ministry of Tourism, in collaboration with the World Economic Forum, launched a groundbreaking briefing paper, “Future of Travel and Tourism: Embracing Sustainable and Inclusive Growth,” ahead of Davos 2025. This comprehensive report underscores the travel sector’s evolution, key trends, and emerging opportunities while emphasizing the necessity of cross-sector collaboration for sustainable development.
The paper identifies critical themes for the Davos discussions: Forecasts suggest an annual 7% growth in global travel and tourism spending over the next decade. Before the pandemic, the sector contributed 10.4% to global GDP and supported 10% of global jobs.
In Saudi Arabia, Vision 2030 has propelled tourism, with a remarkable 73% growth in January 2024 compared to 2019. Saudi Arabia’s commitment to tour.
