"Saudi Arabia Tourism Report Q2 2016" is now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Wed Mar 02 2016

An extensive travel and accommodation industry has built up around the Hajj pilgrimage , as well as other religious pilgrimages, and Saudi Arabia's hotel sector offers a broad range of budget options with both domestic and international hotel groups well established in the market. The luxury travel sector is less developed, particularly when compared to nearby markets such as the United Arab Emirates. Saudi Arabia is keen to broaden its tourism appeal as it seeks to lessen its heavy reliance upon oil revenues and a number of extensive tourism developments are planned or underway , including significant investment in transport infrastructure and widespread marketing campaigns.

Key Updates and Forecasts

Saudi Arabia is keen to expand the tourism industry and the Saudi Commission for Tourism and Antiquities is targeting some 45.3 million tourism visitors by 2020. Our current growth estimates put arrivals in 2020 at 19.7mn, up from 15.6mn in 2016.

Full Report Details at
- http://www.fastmr.com/prod/1123482_saudi_arabia_tourism_report.aspx?afid=301

The government is reportedly considering easing visa restrictions to encourage more international tourism arrivals. Proposals are in place to accelerate visa applications and widen the scope of tourism visas.

A number of domestic, regional and global hotel groups are expanding their presence. Rotana Hotels has announced plans to open five new hotels in Saudi Arabia in 2016, part of regional expansion plans, while leading global hotel groups such as Carlson Rezidor , InterContinental and Starwood also have new properties under development.

The Saudi Arabia Tourism Report has been researched at source and features BMI Research's independent assessment and forecasts for tourist expenditure; government expenditure on tourism; passenger arrivals and departures by mode of transport, reason for travel, origin and destination; and the accommodation market.

BMI's Saudi Arabia Tourism Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the Saudi tourism industry.

Key Benefits
Benchmark BMI's independent tourism industry forecasts for Saudi Arabia to test other views - a key input for successful budgetary and planning in the Saudi tourism market.
Target business opportunities and risks in the Saudi tourism sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Saudi Arabia.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).


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You may also be interested in these related reports:

- China Tourism Report Q2 2016
- Brazil Tourism Report Q2 2016
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- Ukraine Tourism Report Q2 2016
- United States Tourism Report Q2 2016

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Contact Name: Bill Thompson
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