SAUDI ARABIA. The World Travel & Tourism Council (WTTC) has revealed a record-breaking year for the travel and tourism sector in Saudi Arabia. Its 2024 Economic Impact Research has reported records in GDP contribution, sector jobs and visitor spend in 2023.
As reported, Saudi Arabia welcomed more than 100 million tourists in 2023, seven years ahead of the target set by the Kingdom’s 2030 Vision. A target of 150 million tourists has now been set for 2030.
According to the WTTC, last year the travel and tourism sector grew by more than +32% to contribute a record-breaking SAR444.3 billion (US$118.44 billion) to the Kingdom’s GDP, representing 11.5% of the entire economy.
This exceeded the previous record by almost +30% and underscores…