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Home Featured

Saudi Tourism Sector Worth Over $70 Billion in 2019

by NationalInsight
April 10, 2019
in Featured, Tourism
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Saudi Arabia’s travel and tourism sector is expected to contribute $70.9 billion (SAR 263.1 billion) in total to the country’s GDP in 2019

According to information made available by Arabian Travel Market Via Shamal Communication, International arrivals to Saudi Arabia are expected to increase 5.6% per year from 17.7 million in 2018 to 23.3 million in 2023

The bulk of the income is expected to be generated during Arabian Travel Market 2019 which will take place at the Dubai World Trade Centre from 28 April – 1 May 2019.

New leisure and tourism facilities forecast to fuel domestic tourism at 8% per year until 2023

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The Vice Chancellor, Osun State University Prof. Odunayo Adeboye (2nd right) presenting letter of appointment as Chancellor of the university to the Group Managing Director, BOVAS & Company Ltd. Mrs Victoria Samson (2nd left), Deputy Group Managing Director BOVAS, Mr Temitope Samson (left) and Deputy Vice Chancellor, Prof Adetunji Kehinde at BOVAS corporate headquarters, Ibadan on Thursday

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