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Saudi Arabia Tourism Report Q2 2016

  • February 2016
  • -
  • Business Monitor International
  • -
  • 29 pages

Includes 3 FREE quarterly updates

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

Key Updates and Forecasts

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

Table Of Contents

Saudi Arabia Tourism Report Q2 2016
BMI Industry View 5
Table: Key Forecasts (Saudi Arabia 2013-2020) 5
SWOT 6
Tourism 6
Industry Forecast 8
Table: Inbound Tourism (Saudi Arabia 2013-2020) 12
Table: Tourism Receipts (Saudi Arabia 2013-2020) 13
Table: Hotel Accommodation (Saudi Arabia 2013-2020) 16
Table: Tourist Departures and Consumption (Saudi Arabia 2013-2020) 17
Industry Risk/Reward Index 18
Table: Middle East And North Africa Tourism Risk/Reward Index 18
Rewards 18
Risks 19
Market Overview 20
Competitive Landscape 24
Domestic Hotel Groups 24
Table: Domestic Hotel Groups 24
International Hotel Groups 25
Table: International Hotel Groups 25
Methodology 26
Industry Forecast Methodology 26
Risk/Reward Index Methodology 27
Table: Weighting Of Indicators 29

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