Saudi Arabia Hits $9.9 Billion Record in Tourism Revenue
i24 News – Saudi Arabia’s tourism revenues more than tripled in the first quarter of 2023 to $9.86 billion. Revenues...
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A Saudi flag flutters atop Saudi Arabia’s consulate in Istanbul, Turkey October 20, 2018. Photo: REUTERS File Photo
i24 News – Saudi Arabia’s tourism revenues more than tripled in the first quarter of 2023 to $9.86 billion.
Revenues from inbound tourism were up 225 percent on the first quarter of 2022, while the number of tourists increased significantly, the state-run Saudi Press Agency (SPA) reported.
Around 7.8 million people visited Saudi Arabia in the first three months of 2023, an increase of 64 percent on the same period in 2019.
The kingdom’s tourism strategy aims to attract 100 million new visitors and create one million new jobs in the sector by 2030.
Saudi Arabia became the second fastest-growing tourist destination in the first quarter of 2023, according to World Tourism Organization data published in May.
The post Saudi Arabia Hits $9.9 Billion Record in Tourism Revenue first appeared on Algemeiner.com.