FINANCIAL NEWS

Saudi tourism, hospitality to see USD8 b projects

14 Mar 2014

(MENAFN) Saudi tourism and hospitality sector is expected to welcome USD8Ù«931billion worth projects being pumped in by 2020, according to Arab News.

Saudi tourism and travel sector have grown at an annual compounded average growth rate (CAGR) of 5 percent since 2001.

The sector is also expected to see positive changes and improvement, and to achieve maximum revenues.

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