WTM Spotlight Riyadh to accelerate growth of the Kingdom’s rapidly growing MICE industry

As Saudi Arabia advances its Vision 2030 economic diversification agenda, the Kingdom’s Meetings, Incentives, Conferences and Exhibitions (MICE) industry is emerging as one of the fastest-growing segments within its tourism ecosystem. Against this backdrop, WTM Spotlight Riyadh will serve as a global platform to showcase the country’s expanding capacity to host world-class business events, bringing and connecting international planners with opportunities across the Kingdom. According to Mordor Intelligence, Saudi Arabia’s MICE market is forecast to grow at a CAGR of 9.82% through to 2031, reaching US$5.65 billion, reflecting the Kingdom’s substantial investment in venues, aviation, hospitality, and supporting infrastructure.

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