RIYADH: The Saudi Entertainment and Amusement Expo and Summit began in Riyadh on Monday, alongside the Saudi Light and Sound Expo, the first dedicated event in the Kingdom for professional lighting and audio equipment.
The three-day dual event at the Riyadh International Convention and Exhibition Center showcases thousands of cutting-edge products and solutions for the entertainment sector, and offers professionals in the leisure and entertainment sector the chance to discover new products, learn about the most exciting innovations in the sector, network and do business with vendors.
The international exhibitors are presenting a wide range of products and services, including thrill rides, playground equipment, arcade machines, food and beverage equipment, professional lighting rigs, sound systems, event technology, security tools, and marketing solutions.
Attendees can experience a variety of fun events and activities while engaging with local, regional and global entertainment communities at the Amusement Services International pavilion during the expo, where the line-up includes virtual reality experiences, the latest video and arcade games, and carnival attractions, to name but a few.
Among the technology on show is the 3Motion simulator, which uses hydraulic actuators with precise control to deliver the same dynamic feedback you would get when driving a real racing car. Meanwhile SODIKART, a leader in the karting industry, presents its latest products and services, including a kart simulator.
Matt Wells, the CEO of Frontgrid, which owns ParadropVR, a virtual reality flying experience, told Arab News: “I am very happy to be here having a great time at the SEA summit and looking forward to working with the people here.”
In March, Frontgrid announced an exclusive distribution partnership with ASI to support the continued growth and success of ParadropVR. ASI is now Frontgrid’s distributor across the Middle East, including in Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the UAE, and in Egypt, Tunisia and Morocco.
Marloes Knippenberg, the CEO of lifestyle operator Kerten Hospitality is appearing as a panelist at the summit.
“The world has really changed; consumer behavior has changed a lot,” he told Arab News. “More than 60 percent of the Saudi population is under 35 and the expectations from them as consumers has really changed.
“When you look at this conference, at the perfect timing, I think never was there so much conversation like today, with a lot more opportunity for the hospitality sector in the entertainment segment. There are a lot more expectations and I am looking forward to it.”
The SEA and SLS expos were expected to attract more than 10,000 visitors. In addition to the exhibitors showcasing business opportunities, entertainment options, innovations, and technology, there are also sessions to discuss trends and future visions within the industry, and networking events.
The inaugural SLS Expo, meanwhile, offers businesses and developers the chance to show off their products and services through specially staged laser, light and sound shows.
RS Research and Strategy will share insights from its Voice of The Market research, conducted on behalf of the expo, to offer a deeper understanding of the factors that can help generate opportunities, or create challenges, for those considering entering the light and sound or entertainment markets.
Saudi Arabia has embarked in recent years on a rapid transformation that is not only economic in nature but also cultural, by identifying travel, tourism and entertainment as priority sectors as part of the nation’s Vision 2030 economic diversification initiative.
The General Entertainment Authority was founded in 2016 to organize, develop and lead the entertainment sector in the country, triggering a transformation and the introduction of a wide range of exciting entertainment options. Since then, the sector has grown exponentially in the Kingdom, helping to improve the quality of life of residents and contributing to economic development by creating investment opportunities and thousands of jobs.
The SEA expo, which was launched four years ago, is the only trade show in the country dedicated to the flourishing leisure and entertainment sectors.
“Saudi Arabia is leading the way in encouraging collaboration and action by thinking big,” said Sarkis Kahwajian, SEA Expo’s event director. “This will lead to a strong and sustainable future for the entertainment and amusement industry.
“Saudi Arabia is developing its tourism destinations, which represent great opportunities, especially since the Kingdom’s wealth of spectacular landscapes and cultural heritage is still unknown to the international traveler.”
Yael Coifman, a senior partner at Leisure Development Partners and the president of the Europe and Middle East division of the Themed Entertainment Association, said: “The goals proposed as part of the entertainment strategy for KSA are inspiring and visionary.
“We think there is real potential in this market and although some of the members are already involved in the planning, there are opportunities for many others to influence and help shape the future of the entertainment industry in the Middle East, bringing global knowledge to the region.”
One example of the ways in which the entertainment sector in Saudi Arabia is evolving was the decision by the government in 2018 to end a 30-year ban on cinemas. By the end of 2021, 45 movie theaters had opened in the country and screened more than 1,000 films. In addition, the Red Sea International Film Festival was launched in 2019 and the inaugural event took place in December last year.
It is expected that by 2030 there will be 350 cinemas and 2,500 movie screens in Saudi Arabia, and the industry will be worth about $1 billion.
The development and expansion of the entertainment sector in the Kingdom has spawned an ambitious construction pipeline of movie theaters, theme parks and sports-related infrastructure, along with the hosting of live mega events.
In addition, the great success of Saudi Seasons — an annual series of festivals across the country featuring concerts, motor racing, pop-up restaurants, auto shows and other forms of entertainment — have shown the huge demand in the sector.
The GEA has pledged to invest up to $64 billion by 2028 to develop the Kingdom’s domestic entertainment sector.
In terms of tourism, Saudi authorities plan to welcome more than 100 million visitors each year by 2030, and to this end have implemented numerous related initiatives, including an electronic visa system for citizens of 49 countries.