FINANCIAL NEWS

Saudi confirms 24 new housing projects

17 Jul 2016

(MENAFN) The Saudi Commission for Tourism and National Heritage has confirmed 24 new projects in the tourism housing sector.

Accordingly, hotels across the kingdom, especially in Asir, are playing an important role in the growing sector.

Moreover, 17 of the 24 projects will be new hotels established in Asir, which plans to be a tourist attraction all year round, not only during seasonal holidays.

Meanwhile, Asir’s hotels are increasing by 53 percent and the area is turning into a tourist attraction, which will enhance the rate of tourism in the area.

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