The Gulf Cooperation Council (GCC) is pouring unprecedented investment into tourism, aiming to create the world’s most immersive travel destinations. In Saudi Arabia and the UAE especially, mega-projects like NEOM, the Red Sea resort development, Qiddiya, Yas Island, and Saadiyat Island are transforming empty deserts and coastlines into high-tech experience hubs. These projects are national priorities, designed not just as attractions but as strategic assets for a post-oil future under initiatives like Saudi Vision 2030 and the UAE’s digital economy push. Saudi Arabia, for example, has already surpassed its initial goal of 100 million annual tourists and now targets 150 million visitors by 2030, with flagship developments like the Red Sea Project and Diriyah Gate driving the boom. Each new destination is a billion-dollar bet that blending spectacular architecture with “invisible” technology will redefine tourism and attract smart capital eager to get in early on the future of travel.
Destinations as platforms in GCC
Velocity Ventures
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