The Future Hospitality Summit (FHS) in Saudi Arabia – the Kingdom’s most influential hospitality investment conference – will return to the luxury Mandarin Oriental Al Faisaliah in Riyadh from 14 to 16 April 2025, following its return in 2024 More than 1,400 industry leaders attended after record-breaking investment of $1.1 billion.
under the topic “Vision Shapes Opportunity” FHS Saudi Arabia will bring together hospitality industry leaders and decision-makers to discuss hotel performance and development, the Kingdom’s hospitality industry investment outlook and the key market trends driving the industry, with the aim of delivering actionable results to transform an industry that continues to witness unprecedented growth.
According to Knight Frank, the total contribution of Saudi tourism to GDP will reach (12.3%) SAR 498 billion by 2024 and will further increase to (15.9%) SAR 836 billion by 2034. The tourism industry is expected to contribute 2.67 million jobs by the end of the year, rising to 3.63 million jobs by 2034.
Saudi Arabia announced real estate and infrastructure projects worth a total of $1.3 trillion. There are currently 1,048,000 residential units in the planning and development stages and 362,000 hotel rooms under development.
The FHS Saudi Arabia Advisory Board met in Riyadh yesterday to discuss and develop plans for next year’s events. The advisory board is comprised of some of the industry’s most prominent leaders, including sultan badr al otaibiCEO of Taiba Investment; Irfan SaidAnnual General Meeting – Corporate Finance and Institutional Banking, AlRajhi Bank; Mohammad Waji ShabatliMember of the Management Board | CEO of AlNahla Group; philip jonesSenior Vice President of Premium, Mid-Range and Economy Brand Operations for AccorHotels Middle East and Africa; Mohamed AraserManaging Director, AMSA Hotels; May Al MozaniFounder and CEO, Arab Institute for Women’s Empowerment – Nusf; Glenn ManzikCEO of the World Sustainable Hotel Alliance; Salman Nawazdirector of real estate investment at Lesha Bank; Dr. Abir Alamriquality and evaluation expert from the Ministry of Tourism; Ashraf QasimChief Hospitality Officer Al Othaim and Tatiana LabakiDirector of Innovation and Technology, Hospitality Division, NEOM.
Jonathan Worsley, Chairman of The Bench, said: “Yesterday’s Advisory Board meeting in Riyadh was a huge success and we were honored to come together with some of the sharpest minds in the industry to help guide next year’s conference program. “
“We are also pleased to announce the Education Investment Forum in conjunction with FHS Saudi Arabia, a new, first-of-its-kind event that will explore the key challenges and opportunities facing the education investment sector. Investment in Hospitality Education is critical to developing the next generation of hospitality leaders value. Among them, we will explore career paths in luxury and high-end hospitality and integrate design into hospitality education.”
Launched in 2020 in partnership with the Saudi Arabian G20 Secretariat, the Future of Hospitality Summit has tripled attendance since 2022.
“We are delighted to welcome what has become the region’s most anticipated industry event back to our home in Riyadh. We look forward to continuing our partnership with The Bench once again as presenters of FHS Saudi Arabia and welcoming the hotel investment community back to Riyadh Al Afar Mandarin Oriental, Sharia,” said Khalid Saud Abu Haimed, CEO of Al Khozama Investment.
For more information about Future Hospitality Summit 2025, visit https://www.futurehospitalitysummit.com/
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