Gulf Investments in Tourism, Hospitality, and Entertainment Reach $115.3 Billion by 2030
The Global Investment Summit in Paris 2026, scheduled for September 1, places the tourism, hospitality, and entertainment sectors among the most prominent targeted growth paths, amid the accelerated transformations in the Gulf Cooperation Council countries in developing tourist destinations, expanding the experience economy, and attracting investments related to major events, hospitality, and tourism services.
Summit data indicates that domestic investment in the hotel, tourism, and entertainment sectors rose from $92.22 billion in 2023 to $115.3 billion by 2030, reflecting the expanding role of this sector in diversifying growth sources, increasing its contribution to the economy, and enhancing the region's presence on the global tourism map.
This growth is driven by the expansion of tourism projects and entertainment destinations, increased demand for quality experiences, and the rising importance of major events as a sector capable of stimulating supporting sectors including hospitality, transportation, services, technology, and content creation, making tourism and entertainment one of the most impactful drivers of the modern economy.
The summit aims to turn these opportunities into practical partnerships through a platform that brings together institutional investors, investment funds, government and regulatory bodies, CEOs, project developers, and sector operators, opening the way for building cross-border projects that connect capital with promising tourism and entertainment opportunities in the Gulf and global markets.
The summit targets attracting more than 2,000 participants and 100 speakers, through a program featuring 10 main sessions and 16 workshops, in addition to more than 40 bilateral meetings, enhancing direct communication between decision-makers, investors, and executives in the targeted sectors.
Summit data reveals expected European investment flows to the Gulf Cooperation Council countries of about $28.59 billion, in addition to targets including developing 15 joint projects and building 8 strategic partnerships during its first year.
The sector gains added importance due to its association with new investment standards, as the summit aims to direct 25% of investments towards modern technologies, and adopt ESG sustainability standards in 55% of targeted projects, supporting the development of more efficient and sustainable destinations and experiences, and enhancing the sector's ability to attract long-term capital.
These figures reflect the transformation of the tourism, hospitality, and entertainment sector from a service activity into an integrated economic industry, capable of generating investment opportunities, stimulating supporting sectors, and building international partnerships that start from Paris towards the Gulf and world markets.
Original source: Sabq
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