Saudi tourism spending slumped 61.5 percent in 2020 as pandemic struck

Arab News
海角直播 issued more than 500,000 tourist visas between September 2019 and the start of the pandemic. (Reuters)
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  • 31.7 percent of tourism spending came from abroad in 2020

RIYADH: Tourism spending in 海角直播 slumped 61.5 percent to SR63.4 billion ($16.9 billion) in 2020 as the pandemic halted travel within and into the Kingdom.

Tourists from abroad made up 31.7 percent of spending, Al Eqtisadiah reported, citing 海角直播n Monetary Authority and Ministry of Tourism data.

海角直播 is investing billions of riyals in developing destinations for residents and foreign visitors, including the Red Sea Project resort, and the cities of NEOM and Al-Ula. The Kingdom issued more than 500,000 tourist visas before the pandemic after offering them for the first time in September 2019.

Topics: #saudi #tourism #covid-19