FINANCIAL NEWS

Saudi Arabia’s tourism sector to grow by USD81b by 2026

22 Feb 2017

(MENAFN) According to data from the World Travel and Tourism Council, Saudi Arabia’s travel and tourism sector is expected to contribute more than USD81b to the country’s gross domestic products GDP.

The growth was driven mainly by domestic tourism, as the number of local tourist trips inside Saudi Arabia exceeded 47.5 million last year a 2.3 percent rise compared to 2015.

Simon Press, senior exhibition director, ATM 2017 said: “Vision 2030 also seeks to double the number of UNESCO heritage sites to encourage more domestic tourism, while both Holy Mosques have large expansion plans, with have major infrastructure works underway or in the pipeline that would assist with travel to and within these religious sites.”

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