The Future of Travel and Tourism in Saudi Arabia to 2016 New Report
According to the World Travel and Tourism Council in 2011, the direct contribution of Saudi Arabia’s travel and tourism sector to the nation’s GDP was 2.3%. During the review period (2007–2011), the total number of domestic trips taken by residents decreased from 28.5 million in 2007 to 23.6 million in 2011, registering a compound annual growth rate (CAGR) of -4.6%. While outbound trips increased at a review-period CAGR of 16%, inbound tourism registered decline and posted a CAGR of 0.8%....
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