Saudi Arabia domestic tourism to rise by 8 percent per year until 2023
Collier’s International revealed that the number of local tourist trips inside Saudi Arabia exceeded 47 million in 2018
Leisure and tourism facility developments in Saudi Arabia is set to increase domestic tourism rates by 8 percent per year until 2023, according to Arabian Travel Market’s latest report.
Arabian Travel Market’s research partner Collier’s International revealed that the number of local tourist trips inside Saudi Arabia exceeded 47 million in 2018. The latest research from Colliers forecasts this figure to increase 8 percent per year to 70.5 million by 2023.
The rise in domestic tourism co-incides with the Vision 2030 initiative, which is a project designed to boost culture, leisure and entertainment facilities in the region. According to ATM, Vision 2030 is setting aside $64bn for the Kingdom.
Arabian Travel Market’s exhibition director for the Middle East, Danielle Curtis, said: “Plans are already afoot in Saudi, to achieve the projected increase in domestic visitors, with the Kingdom’s Vision 2030 blueprint forecast to double the number of UNESCO heritage sites and increase household spending on cultural and entertainment activities inside the country from 2.9 percent to 6 percent.
She added: “Meanwhile, the Quality of Life Vision Realisation Programme (VRP) and the General Entertainment Authority are both working to create new attractions and recreational activities within the country.”
In terms of international arrivals, additional data from Collier’s predicted an increase by 5.6 percent per year from 17.7m in 2018 to 23.3m in 2023.