Riyadh Front Exhibition & Conference Center

17 - 19 September

Riyadh Front Exhibition & Conference Center

Hospitality Leaders Summit

Why Invest in Saudi Arabia – Transforming Pilot Projects to Success in F&B & Hospitality

Tuesday, Sep 17, 2024
7:05 PM - 7:40 PM | Asia/Riyadh

Conference

Hall 5
English
About

The Kingdom's travel and tourism sector is projected to contribute over $70 billion to the GDP by 2025. The Saudi F&B market is set to grow at a CAGR of 6.9% from 2021 to 2026, reaching $82 billion. Consumer spending on dining out has surged by 45% over the past five years, driven by a young and affluent population. The Saudi government's Vision 2030 provides a robust framework for foreign investment with significant incentives, regulatory reforms, and infrastructure development. This session will explore the burgeoning opportunities in Saudi Arabia's F&B and hospitality sectors, driven by Vision 2030. Industry experts will provide insights into market trends, growth statistics, and strategic considerations for successful investments.


Key Takeaways:


• Strategic Investments: Leverage opportunities to establish and expand in the rapidly growing F&B and hospitality markets


• Secure Financial Plans: Learn how to obtain financial aid and develop foolproof financial strategies for investment success