Al-Khereiji: Collective action in combating terrorism is a must for achieving stability and prosperity    SFDA Chief visits premier biotechnology and medical firms in China    Saudi Awwal Bank becomes the Kingdom's first bank obtaining ISO certification for quality management system in operations    2- month jail and SR40000 in fine for woman citizen convicted of commercial cover-up    10 cooperation agreements signed during Saudi-Turkish Business Forum in Istanbul    Saudi Arabia's non-oil revenues grow 6% in 9 months while Q3 budget posts SR30 billion deficit    Spanish flood rescuers focus search on underground car parks    Quincy Jones, titan of US music, dies aged 91    Slavery reparations not about transfer of cash, says UK's Lammy    Pro-EU leader claims Moldova victory despite alleged Russian meddling    Domestic violence should not be taboo subject, says Queen Camilla    Enhancing zakat, tax, and customs compliance takes center stage at the Zakat, Tax, and Customs Conference 2024    Neymar expected to join Al Hilal squad for AFC clash against Esteghlal, says coach Jesus    Al Qadsiah secure 2-0 victory over Al Ettifaq in first Eastern Derby since 2021    Riyad Mahrez admits he's no longer the dribbler he once was    Al-Ahli coach Jaissle understands fans' frustration, vows to improve team's performance    MBC Group announces sale of Istedamah's 54% stake to Public Investment Fund for SR7.4 billion    Hidden sugars in Asia's baby food spark concerns    HONOR unveils pre-order of the stunning HONOR MagicBook Art 14 Featuring an ultra-slim design, HONOR Eye Comfort Display and AI Cross-OS WorkStation    Teri Garr, Young Frankenstein and Tootsie star, dies at 79    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Muted Eid celebrations for millions of Nigerian Muslims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Kingdom's domestic tourism radiant
Agencies
Published in The Saudi Gazette on 28 - 03 - 2008

Saudi Arabia's total income from domestic tourism is forecasted to reach SR73.3 billion in 2010 and SR101.3 billion in 2020, the Saudi Arabian Monetary Agency (SAMA) said in its recent report.
Dr. Ahmed Al-Khalifa, SAMA secretary-general said at the Saudi Travel & Tourism Investment Market (STTIM) forum that tourism accounted for 3 percent of the Kingdom's GDP in 2006. He added that his agency recently issued its annual report which gathers information on the number of trips, hotel occupancy rates and total sector income in addition to comparative statistics with other GCC countries.
Al-Khalifa further said more than 342,000 employees are working in tourism sector in the Kingdom in areas related to hotels, resorts, furnished apartments, cafes, travel agencies, transportation and entertainment.
“The number of employees working in hotels and resorts reached 47,000 employees, 21 percent of them being Saudis. While employees working in furnished apartments reached 26,000, 19 percent of them are Saudis.”
Dr. Mohamed Al-Ahmed, general director of Research and Tourism Information (MAS), affiliated with STTIM, talked about the Saudi Tourism Satellite Accounting (TSA) model, which tracks travel and tourism's economic contribution, The TSA was adopted in 2001 by the United Nations Statistical Commission.
“The TSA provides a methodology that is internationally approved and includes measurement of expenditure on tourism by domestic and international tourists. It also tracks the size of the industry, including its contribution to GDP and employment.”
He noted that the commission completed its 2005 TSA tracking which revealed that the total expenditure on domestic tourism reached SR57.8 billion, of which SR35.5 billion on the local tourism and SR22.2 billion on foreign tourism. The sector's contribution amounted to SR36.4 billion, of which SR10.1 billion on was spent on wages. The operating surplus and mixed income reached SR26.3 billion in 2005.
The TSA in 2005 noted that the added value of tourism sector in the Kingdom reached 3.1 percent of GDP, and 6.4 percent of the non-oil GDP.
The number of employees working in tourism sector reached 314,000 employees representing 5.2 percent of the total labor force in the Kingdom for both the public and private sectors. Saudis represent 15 percent of the total workforce in the industry. __


Clic here to read the story from its source.