Regulatory Reforms Power Saudi Arabia’s Construction Boom and Workforce Demand
Saudi Arabia’s construction sector has entered a new phase of accelerated growth driven by a focused and strategic wave of regulatory reforms. Introduced under the Kingdom’s Vision 2030 roadmap, these reforms are unlocking bottlenecks in the licensing process while making it significantly easier for both local and international investors to operate, expand and thrive within […]
Saudi Arabia’s Hospitality Boom Signals a New Era of Growth and Global Ambition
As part of a strategic $110 billion investment, the Kingdom has unveiled plans to add 362,000 new hotel rooms by 2030. This ambitious move is more than just an infrastructure upgrade, it reflects a broader national vision to reposition Saudi Arabia as a premier global tourism and events destination. This large-scale expansion is closely tied […]
The Kingdom is shaping the future of global hospitality
With a 6.55% CAGR and a $33B revenue forecast through tourism by 2028, the Kingdom is shaping the future of global hospitality.
SAUDI ARABIA: A Booming Hospitality Sector and the Rising Demand for Expatriate Workforce
Saudi Arabia’s hospitality industry is undergoing a massive transformation as part of Vision 2030, a strategic initiative aimed at diversifying the economy and positioning the Kingdom as a global tourism hub. Among the latest developments in this space, Accor, one of the world’s largest hotel groups, has announced its ambitious plan to introduce 45 new […]
Redefining Hospitality in Saudi Arabia – ADEERA
In December 2024, Saudi Arabia’s Public Investment Fund (PIF) announced the launch of Adeera, a new hotel management company aimed at developing and managing Saudi-centric hospitality brands. Adeera’s mission is to create a portfolio of hotel brands that reflect Saudi culture and traditions, catering to a diverse range of guests from mid-scale to ultra-luxury segments. […]
The Changing Hospitality Sector in Saudi
Saudi Arabia’s hospitality sector is undergoing rapid transformation, with global hotel brands increasingly investing in the Kingdom as part of its Vision 2030 tourism expansion. In a major development, Palladium Hotel Group, a renowned Spanish hospitality brand, has announced its entry into Saudi Arabia in partnership with Hard Rock International. This move marks a significant […]
Mukaab, Groundbreaking urban living project in Riyadh
As Riyadh redefines urban living with the groundbreaking Mukaab, Thrive stands proud to power Vision 2030 by connecting Saudi Arabia with skilled global talent. ✨
Expatriate Workforce
Expatriate Workforce the Human Engine Behind Saudi Arabia’s Transformation Expatriate labor has long been the backbone of Saudi Arabia’s construction industry. In a nation where development is occurring at an unprecedented pace, the demand for skilled and reliable workers has surged. As of 2024, expatriates account for approximately 85.4% of the construction workforce in Saudi […]
Saudi Arabia’s Focus on Roads and Accessibility Building Pathways to Progress
Saudi Arabia’s construction industry is undergoing a transformative phase, with a significant emphasis on enhancing roads and accessibility as part of the ambitious Vision 2030 initiative. This strategic focus is designed to bolster connectivity, stimulate economic growth, and improve the quality of life for residents and visitors alike. The Kingdom has earmarked substantial investments for […]
Hospitality industry growth projection for Saudi Arabia 2024-29
