Saudi Arabia is expected to witness an increase in the flow of visitors to it from 15.5 million in 2019 to 21.3 million visitors by 2024, a growth of 38%, according to a report issued by Colliers International, the official research partner for the Arab Travel Market 2020 exhibition that will be held in the Dubai World Trade Center from 19 to April 22, 2020.
The growth is driven by the growing demand by residents of the cooperative countries who want to spend holidays and visit the Kingdom for a short period, as well as the desire of businessmen who visit the Kingdom for business purpose to extend their stay there, and explore growing tourism offers or attend a sporting event or cultural events Or festivals.
“With Saudi Arabia continuing to work according to its plans to reduce dependence on oil, the number of visitors and tourists coming to the Kingdom has become a strong tributary of the economic diversification process that the country is witnessing,” said Daniel Curtis, director of the Arab Travel Market fair in the Middle East.
We have also witnessed this growth directly through the increase in the total number of Saudi companies exhibiting at the Arab Travel Market exhibition by 45% year on year between 2018 and 2019. ”
She added: «With its larger goal of receiving 100 million tourists from abroad by 2030, the Kingdom seeks to become more than a religious destination that attracts Muslims from all over the world or a destination for business as one of the richest countries in the world, but rather works to become a global tourist destination with its ingredients Rich as scenic and varied offerings.
The foreign tourism market in the Kingdom of Saudi Arabia is expected to reach more than $ 43 billion in 2025, according to the latest data released by the research company, Renob.