12 SAUDI ARABIA Introduction
FOR MEETINGS AND INCENTIVES PERSONNEL, SAUDI ARABIA HAS A REASONABLE SUPPORT INFRASTRUCTURE COMPRISING AIRPORTS, HOTELS, BUSINESS TOURISM BODIES AND PROFESSIONAL ORGANISATIONS IN DAMMAM, RIYADH AND JEDDAH
Pushing business travel
Hajj pilgrims and business travellers account for most inbound traffic to Saudi Arabia, according to SCTA. Arrivals in the Kingdom have increased 11 percent during the past two years, contributing SAR102 billion or US$27.1 billion (7.2 percent) in 2009 to its GDP. The industry's growth will create more job opportunities, increasing the number of employees from 590,000 in 2009 to 922,000 (9.4 percent of the working population) by 2019. With annual revenues of SAR52 billion (US$13.8 billion) coming from international travel and tourism, it's clear to see why Saudi authorities are targeting business travellers.
"Despite being one of the 22 highest inbound markets in the world, the Kingdom aims at fully developing the potential of its tourism sector," a recent SCTA statement said. "Several trade events are already being lined up to encourage regional and international investors and exhibitors to explore the numerous prospects available within the thriving Saudi travel and tourism market."
The authority added that increasing inbound travel in 2011 would be
one of the major talking points during the fourth annual Saudi Travel and Tourism Investment Market this March. "As the largest economy in the Middle East, Saudi Arabia has the necessary resources to expand travel and tourism as major income generators. There are still numerous development opportunities available in areas such as Al-Wajh, Assir, Al Qassim, and Hail, to name a few," said Mohammed Al Hussaini, deputy general manager for Riyadh Exhibitions Company.
saudiarabia 2011
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