Saudi leisure, entertainment market booming, say experts

Saudi leisure, entertainment market booming, say experts

Saudi Arabia's leisure market holds significant growth potential with a sea of mega tourism and entertainment developments being announced including setting up of over 24 theme parks and 420 entertainment centres as well as the creation of over 35 entertainment-based venues by the turn of the decade, said an industry expert ahead of the Saudi Entertainment and Amusement (SEA) Expo.

A major gathering of the entertainment and leisure industry in the Middle East, SEA will run from May 28 to 30 at Riyadh’s International Convention Centre.

The expo comes at a time when KSA’s leisure and entertainment industry has got its biggest endorsement from the Crown Prince His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud who plans has set up an Events Investment Fund (EIF) that will see the creation of over 35 entertainment-based venues by the turn of the decade.

What’s more, the already buzzing billion-dollar gaming industry in Saudi Arabia is expected to grow 250% by 2030, said the organisers.

Saudi Arabia plans to attract over 100 million visitors annually by 2030. Along with religious tourism, public and private sector entities in Saudi Arabia are working collaboratively to spur tourist numbers by fuelling leisure and entertainment offerings therein diversifying