World Cup bid: KSA will host the world's largest football event
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Saudi Arabia’s Successful World Cup Bid: The Effects on Tourism

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World Cup 2034: KSA's successful bid to host the world's largest football event would result in major economic developments.

Saudi Arabia’s successful bid to host the 2034 World Cup, the biggest football tournament in the world, will hopefully bring about significant economic changes.

Plus, the Kingdom’s stadiums will host 48 football teams from around the globe, and the tourism industry will be one of these changes.

A Key Driver of Economic Sector

All economic sectors, particularly the tourism sector, which has the most room to grow, will undoubtedly recover. Because of their proximity to the Kingdom, the Gulf Cooperation Council countries will also be affected, even though the World Cup won’t be held there for ten years. These effects started when FIFA permitted Saudi Arabia to host the tournament.

Since there are many five-star hotels in Saudi Arabia and many of the Kingdom’s hotels are well-known due to tourists, the tourism industry encompasses a variety of industries, the first of which is the hotel industry. As a result, Saudi Arabia will see a significant influx of tourists who will attend the matches, reviving and enhancing the sector’s significance.

The second sector involves the air and land transport sector, which will be under a lot of pressure. To meet the needs of incoming visitors, it will be necessary to prepare ahead of time and increase the number of flights and transfers, which will lead to job opportunities for many workers.

In addition to the entertainment seasons and festivals that draw millions of tourists under normal circumstances, we should not overlook the entertainment sector, which will be in high demand. The Kingdom is working on this right now, since there are entertainment projects all over the place, some of which have begun, like the Qiddiya project and others.

Read more: Saudi Sports Attract the World: China Offers to Host Broadcasting Riyadh’s Tournament

Tourism and Hospitality: A Historic Opportunity

All football games will be televised from the Kingdom’s stadiums by the media sector because it seems likely that over 35 billion people will watch the opening and closing ceremonies and games.

This calls for the availability of professional media crews and a strong media infrastructure, both of which the Kingdom has, as demonstrated by its ability to host the Hajj and broadcast live events of pilgrims from Medina and Mecca. World Cup 2034: KSA's successful bid to host the world's largest football event would result in major economic developments.

Hosting the World Cup will be especially beneficial to the restaurants and food industry since tourists will undoubtedly sample Arabic coffee and traditional dishes, dates, and other items that will be the most popular during the 2034 tournament.

Providing a variety of alternatives for the millions of visitors is necessary to do this, which will treble daily food energy production both during and before the event. Additionally, restaurants will see a notable boost in activity and profitability.

Overall, food consumption appears to increase to $1,796.5 billion by the year, growing at an average rate of 16% per year. This will encourage restaurants to offer new dishes to make the Kingdom famous worldwide and diversify their menus, creating new job opportunities and improving quality, service, development, and modernisation.

Notably, the Kingdom’s victory to host the World Cup elicited immense happiness from travel and tourism companies. Officials and experts from the tourism industry expressed their delight at this historic accomplishment, which highlights the Kingdom’s international reputation and capacity to host major athletic events.

Read more: Riyadh Season Cup: A Worldwide Sports Organisation with Vast Profits

Tourism and Football: A Perfect Synergy

The Kingdom’s win to host the World Cup will likely result in an unprecedented boom in the construction industry, which is the second-largest non-oil sector. The industry is thriving with over 5,200 projects, valued at $819 billion, which accounts for 35% of all active projects in the Gulf Cooperation Council countries today. This is due to the government’s pledge of more than one trillion riyals, or roughly $266 billion, for the next ten years and the 2034 World Cup.

It is noteworthy that 3.4 million people attended the 2022 World Cup in Qatar. Given the growing interest in international football and the fact that Saudi Arabia is on the verge of a tourism peak, more people will likely attend the 2034 World Cup in the Kingdom.

After the International Federation of Association Football (FIFA) announced that the Kingdom of Saudi Arabia had won the bid to host the 2034 World Cup, Crown Prince and Prime Minister Prince Mohammed bin Salman announced the creation of the “Supreme Authority for Hosting the 2034 World Cup.” This occurs as the Kingdom resolves to host a spectacular version of the world football celebration.

According to Minister of Tourism Ahmed Al-Khatib, the Ministry of Tourism and every element of the tourist system are prepared to work tirelessly to finish the projects ahead of schedule after the Kingdom’s successful bid to host the 2034 World Cup.

Read more: Restructuring Investment Opportunities in The Saudi Sports Industry

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