Saudi Arabia, France seek to boost cooperation in digital economy, space economy, innovation    The Tunisian strike on Brotherhood    Kuwaiti Cabinet recalls key Saudi role in country's liberation in 1991    Canada fines two travelers nearly $20,000 over false coronavirus information    US expands eligibility for Afghan refugee resettlement    Qualifying rounds for Women's Volleyball tournament to kick off on Thursday    Month-long international auction for falcon breeders to begin on Aug. 5 Saudi Arabia is hosting global falconry event for the first time    King, Crown Prince congratulate Niger president on Independence Day    Aramco denies reports it will embark on Bitcoin mining    Grand Mosque being sterilized round the clock to receive Umrah performers    TRSDC signs contract with KACST to provide satellite data of development sites    Italy's Lamont Marcell Jacobs claims surprise 100m gold    CMA chairman to review market trends tomorrow    Olympic athletes describe the power of sport to change the world    Discover a different world    Qatar wins first Olympic gold    National Gallery of Australia to return $2.2m of 'stolen' artworks to India    Progress on tobacco fight, but new nicotine products pose increasing threat    KAMC in Makkah performs 6th artificial heart transplant surgery    Clubhouse says no data breach after reports of 3.8bn phone numbers of users being sold    Custodian of the Two Holy Mosques Directs KSrelief to Urgently Provide Malaysia with Medical, Preventive Equipment and Supplies to Address COVID-19 Pandemic    Custodian of the Two Holy Mosques Congratulates President of Maldives on Independence Day    Weather Forecast for Sunday    RSNF Commander Patronizes Ceremonial Launching of His Majesty's Ship "Jazan"    OIC Condemns Houthi Attempts to Target Civilians in Saudi Arabia    Philippines evacuates thousands as monsoon rains flood cities, provinces    Heavy rain in India triggers floods, landslides; at least 125 dead    U.S. Records 64,321 New Infections of Coronavirus    Without Fans, Tokyo Olympics Kicked Off    Pilgrims Perform Dhuhr and Asr Prayers at Arafat Holy Site    Dr. Mohammed Sulaiman Al-Jasser, Saudi Arabia's Pick to Chair IsDB Group for the next five years, unanimously approved by BoG Committee of Procedures    Saudi Press: Fitch affirms Saudi Credit Rating at "A" with a revised outlook to stable from negative    Handled Cargo at Saudi Ports Increases during June 2021    SDAIA, DARP & STC Launch Pilgrim's Smart Bracelet (NUSK)    Tabuk sculptor spends 8 years in carving entire Holy Qur'an on 30 marble slabs    2 Goals by Diaz Gives Colombia 3rd Place at Copa America    Yusuf Khan is dead, long live Dilip Kumar    Legendary actor Dilip Kumar, 98, passes away, and with him an era    Saudi Cinema Night at Arab World Institute in Paris Kicks Off    KSU Leads Joint International Scientific Project for Early Detection of Breast Cancer    Saudi Arabia to Participate in Cannes Film Festival 2021    Arab Cup U-17 Championship Draw Saudi Arabia, Morocco, Palestine, Kuwait, in the 1st Group    Bollywood star Aamir and wife Kiran separate after 15 years    AWI Hosts Saudi Cinema Nights in Paris    Brazil Beats Chile at Copa America Despite 2nd-Half Red Card    Council of Senior Scholars: Muslim Brothers' Group Don't Represent Method of Islam, rather only Follows its Partisan Objectives, Violating our Graceful Religion    Eid Al-Adha Prayer Performed at the Grand Holy Mosque    Pilgrims Perform Dhuhr and Asr Prayers in Arafat Holy Site    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



8.8% rise in inbound tourism spending, reaching SR154bn in 2019
Published in The Saudi Gazette on 08 - 07 - 2020

RIYADH — The volume of spending by tourists coming to Saudi Arabia last year reached about SR101 billion ($26.93 billion), an increase of 8.02 percent (SR7.5 billion) compared to SR93.5 billion ($24.93 billion) in 2018.
The total tourism spending in Saudi Arabia through domestic tourism as well as through tourists coming from abroad last year registered a growth of 8.8 percent, reaching SR154 billion. The spending of tourists from abroad accounted for 65.6 percent of the total spending.
These figures were from the report released by the Saudi Arabian Monetary Authority (SAMA) and the Ministry of Tourism. According to the data, the year 2019 posted the highest growth rate over the last three years, recording the highest ever spending by tourists coming to Saudi Arabia.
The report showed that Saudi Arabia is witnessing a shift toward the tourism sector as the country is revitalizing it to make it contribute to the diversification of the economy within the framework of the National Transformation Program, as it is one of the major revenue sources of the national economy.
Saudi Arabia aims to develop the tourism sector as part of the Saudi Vision 2030, by providing various tourism options, especially after the encouraging results from the launching of tourist visa regime in September 2019, with the issuance of a total of 500,000 visas by the end of February 2020, before the outbreak of the global coronavirus pandemic crisis.
There have been a total of 16.48 million tourism trips to the Kingdom during 2019, compared to 15.3 million trips in the previous year, an increase of 7.6 percent (1.16 million trips). Out of the total trips, 37.7 percent were from the Gulf countries followed by the South Asian countries, which accounted for 16.7 percent, and the Middle East countries with about 14.7 percent. Countries from East Asia and the Pacific came in the fourth position with 11.1 percent, and it was followed by Africa 7.7 percent, Europe 7.3 percent and America 4.8 percent.
An overwhelming 73.2 percent of the total spending of these tourists was for religious purposes, and that was followed by business and conference purposes with 18.2 percent, then visiting relatives and friends 5.5 percent, and holidays and shopping and other purposes of tourism spending, but it does not include international transportation costs.
The volume of spending for domestic tourism also grew during the year 2019 to reach a record figure of SR53 billion, an increase of 10.4 percent, compared to SR48 billion in 2018. About 40 percent of the volume of expenditures was for the purpose of trips and shopping, while 25 percent for the purposes of family visits and friends, while 27 percent of the expenditures were for religious purposes.
Domestic tourism trips registered a growth of 12.6 percent, reaching 48 million trips last year while comparing to 42.6 million trips in 2018, the report indicated.


Clic here to read the story from its source.