海角直播

Saudi tourism聽sector spending surges 93% to hit $49bn in 2022, minister reveals

Saudi tourism聽sector spending surges 93% to hit $49bn in 2022, minister reveals
海角直播鈥檚聽tourism聽spending surged 93 percent in 2022 to hit SR185 billion. (Shutterstock)
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Updated 01 February 2023

Saudi tourism聽sector spending surges 93% to hit $49bn in 2022, minister reveals

Saudi tourism聽sector spending surges 93% to hit $49bn in 2022, minister reveals

RIYADH: 海角直播鈥檚聽tourism聽spending surged 93 percent in 2022 to hit SR185 billion ($49 billion), up from SR95.6 billion in 2021,聽as the Kingdom continues to diversify its economy as part of Vision 2030.聽

The Minister of聽Tourism聽Ahmed bin Aqil Al-Khatib revealed聽these聽details聽during聽his聽monthly meeting聽with citizens, the Saudi Press Agency reported.聽

Reviewing聽the achievements made by the聽sector during the year 2022, the minister said:聽"The direct聽contribution聽of the sector in the聽gross domestic product聽amounted to 3.2 percent of the total target of 10 percent by 2030.鈥澛犅

Moreover,聽he聽noted that the number of聽jobs in 2022 reached 880,000, reflecting an increase of 15 percent when compared to the previous year.聽

鈥淭he percentage of Saudi women in the聽tourism聽sector also increased to reach 44 percent of the total workers in the sector,鈥澛燗l-Khatib聽added.聽聽

He聽also urged investors in the sector to adhere to the new regulations set by the ministry in order to achieve a healthy competitive environment that is both fair and attractive to investment.聽

The new regulations tackle developing the proper procedures and requirements for practicing聽tourism聽activities while taking into consideration the diversity of services provided and raising quality levels.聽

Additionally, the minister also stressed on the need to further raise the level of services provided in the sector through training and聽preparing the human cadre, which is the main factor in upgrading the聽sector.聽

"The聽ministry is seeking to provide one million jobs in the聽tourism聽sector with its various activities, which requires the establishment of training institutes and the building and development of training programs and services in the field of hospitality and聽tourism,鈥 Al-Khatib explained.聽

Furthermore, the ministry launched a joint borrowing program with the banking sector to finance medium, small, and micro enterprises in an attempt to enhance investments in the聽sector.聽

During 2022, the Ministry of聽Tourism聽also implemented as many as 11 advertising campaigns to introduce and market聽tourism聽in the Kingdom, reaching 35 countries.聽