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FinancialNews


  • 08-05-12

    Saudi- Spending on domestic tourism up 13.5% in 2011

    (MENAFN) Saudi Commission for Tourism and Antiquities issued a report on the country's tourism sector in 2011 which showed that domestic tourism expenditures went up by 13.5 percent, year-on-year, reported Bloomberg. The report elaborated saying that expenditures on domestic tourism in the oil-rich Kingdom amounted to USD22 billion. As for tourists' numbers, overall domestic travelers amounted to twenty four millions, thus occupying sixty three percent of the 951 hotels in the Kingdom. The commission noted that the up-drive in domestic tourism had jobs in that sector increase by 6.5 percent, year-on-year, thus hitting 670,000.

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