BUILDING FOR MILLIONS: WHAT'S THE FUTURE OF HOSPITALITY IN MECCA AND MEDINA?

Dr. Tehri moderates a panel discussing the future of Mecca and Medina as investment opportunities grow with lifted regulations. Fahad, CEO of the Saudi Tourism Authority, details efforts to enhance the pilgrim experience through improved access, enrichment, and quality. Hazem highlights Mecca's guaranteed demand as a unicorn market for investors, extending beyond religious tourism. Eugene shares examples of faith-based destinations like Shaolin Temple and Bhutan evolving into broader economies. Pandu outlines Indonesia's plans to invest in Saudi Arabia to cater to Indonesian pilgrims while introducing their culture. Brendan focuses on aviation logistics, emphasizing the need for airport developments, aircraft leasing, and improved connectivity. The discussion emphasizes the potential for growth while preserving the sanctity of the holy sites, with a focus on Medina's untapped potential.