Skift Take
A new report lists almost 250 hotel and tourism projects and many are outside of luxury.
The 1,800-kilometer Saudi Red Sea coast is split into three areas by authorities: the north side for luxury; the center for culture and entertainment at a variety of prices; and the south for mid-market and budget choices.
But most of the attention has been on luxury mega projects in the north – the center and south haven't announced much large-scale development.
A new report from the Ministry of Investment and the Saudi Red Sea Authority (SRSA) reveals new details about tourism development for mid-market and budget stays.