Saudi Arabia shows wonderful growth in tourism sector

Published on : Saturday, May 13, 2017

Saudi Arabia’s tourism industryThe Saudi tourism and national heritage sector is witnessing extraordinary growth currently. This can be owed to the support and care of King Salman, said Prince Sultan bin Salman bin Abdulaziz, president of the Saudi Commission for Tourism and National Heritage (SCTH).

 
The king issued an order for supporting the sector by passing resolutions and allocating budgets contributing to its development and making it a major revenue source for the national economy.

 
To quote the King, “This sector… is an important source for the economy and an alternative to oil. It provides many job opportunities.”

 
Prince Sultan said tourism revenues rose from SR57.3 billion ($15.3 billion) in 2004 to SR166.8 billion at the end of 2016; the number of licensed tourist facilities increased from 1,402 in 2009 to 6,454 at the end of 2016; the number of international companies operating hotels rose from eight in 2002 to 25 at the end of 2016; the number of workers in the sector rose from 333,000 in 2004 to more than 936,000 in 2016; and the number of job opportunities is expected to increase to 1.2 million by 2020.

 
The UNWTO has welcomed the efforts of the King.

Tags:

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
 
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo

ADVERTISEMENT

  • 02 wtm_london17
  • 04 AIME 2018
  • 12 indywood 17
  • 16 TT Warsaw 2017
  • 18 TTF17
  • 19 Emitt 18
  • 19 IITM
  • 43 PATA

TRAVEL INDUSTRY EVENTS

Get our toolbar!
Review www.travelandtourworld.com on alexa.com