Tourism Flows Outbound in Saudi Arabia - New Report Available

From: Fast Market Research, Inc.
Published: Fri Oct 24 2014


Outbound tourism saw an impressive performance in 2013, with the number of trips reaching 18 million, showing 12% growth compared with the previous year. Although the Saudi Commission of Tourism and Antiquities is investing heavily in promoting domestic tourism, the country still lacks any significant forms of entertainment, due to the strict implementation of Shariah law. Despite the organisation of various festivals, the restoration of historical buildings and the preservation of archaeological sites, Saudi Arabia does not offer activities such as water parks, cinemas and theatres, which many families are looking for, especially during long summer holidays, as well as Eid holidays. This encourages them to travel to foreign destinations within the region, or to other continents.

Industry Prospects

Outbound tourism is expected to see the number of departures increase by a CAGR of 12% during the forecast period. The growing unrest in the Middle East will limit outbound travel to selected destinations, such as the United Arab Emirates, which will slow down growth compared with the review period. Nevertheless, the thriving economy will lead to increased spending by Saudis, and they are expected to spend heavily on travelling abroad for holidays, especially given the lack of family holiday activities and destinations within the country. Growth will also be driven by many service providers, such as airlines, hotels and intermediaries, running promotional prices and packages throughout the year.

Full Report Details at
- http://www.fastmr.com/prod/882302_tourism_flows_outbound_in_saudi_arabia.aspx?afid=301

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Tourism Flows Outbound industry in Saudi Arabia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Tourism Flows Outbound industry in Saudi Arabia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Tourism Flows Outbound in Saudi Arabia market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation
* Historic volumes and values
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Tourism Flows Outbound in Saudi Arabia?
* How big is outbound travel in terms of departures and spending?
* Which international destinations are the most popular?
* What are main methods of transport for travelling abroad?

Reasons to Get this Report

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