Record-breaking year for Saudi tourism


Record-breaking year for Saudi tourism

Monday, 10 Jun, 2024 0

Saudi Arabia had a record-breaking year for tourism, according to the World Travel & Tourism Council.

The WTTC’s 2024 Economic Impact Research data recorded new records for its GDP contribution, sector jobs and visitor spend.

In 2023, the sector grew by more than 32% to contribute a record-breaking SAR444.3 billion to Saudi’s GDP, which represents 11.5% of the economy.

This exceeded the previous record by almost 30%.

Tourism jobs grew by 436,000 to reach more than 2.5 million, representing almost one in five jobs in the country.

Tourism jobs lost during the pandemic were fully recovered in 2022.

The EIR report found international visitor spending surged by almost 57% to reach SAR227.4 billion, breaking the previous record, while domestic visitor spending grew by 21.5%.

It says Saudi Arabia welcomed 100 million tourists in 2023.

Reaching that milestone seven years ahead of schedule, it is now targeting 150 million tourists by 2030.

Julia Simpson, WTTC President & CEO said; “Saudi Arabia’s Travel & Tourism sector’s extraordinary achievements last year mark a pivotal moment in its journey towards becoming a global tourism leader.”

WTTC is forecasting that the Middle Eastern tourism sector will continue to grow throughout 2024.

Tourism jobs are forecast to reach 8.3 million across the region.

  

Related News Stories:  Turkish Airlines flying high with record year for passengers     Kentucky tourism achieves record economic impact     Japan is more than the hottest honeymoon destination of 2024 …     Record spending projected for summer vacations     Traveltek announces appointment of new Head of Digital Marketing …     Traveltek – TravelMole     VisitBritain appoints US market SVP     Melbourne international passenger numbers hit record high     Etihad reports record Q! net earnings     Melbourne Airport sets March record for international passengers    



 


profileimage

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



Most Read

Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM

Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life

Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms

Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand

Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims

TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka

Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences

Florida’s Tourism Boom: Dana Young Analyzes Surge in UK Visitors

Elliott Ferguson’s Vision: Elevating Washington DC’s Global Appeal

Empowering Travel Agents and Tour Operators: A Conversation with Go Nexus Group President

Expedia TAAP incorporates AI for their 100,000 registered agents

Travefy CEO & Founder Talks About Their Itinerary Management For Travel Professionals
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari