Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Travel and Tourism in Saudi Arabia”under Tourism category. The Travel and Tourism Market in Saudi Arabia is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports.
Travel & Tourism in Saudi Arabia Industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
– The travel and tourism industry consists of revenues generated by passenger airlines, passenger rail, foodservice, hotels and motels, travel intermediaries and casinos and gaming.
– The Saudi Arabian travel & tourism industry had total revenues of $46.9bn in 2019, representing a compound annual growth rate (CAGR) of 8% between 2015 and 2019.
– The foodservice segment was the industry’s most lucrative in 2019, with total revenues of $18.2bn, equivalent to 38.9% of the industry’s overall value
– In recent years, Saudi Arabia has started to promote its tourism sector as the country initiates the diversification of its oil-based economy in line with the national ‘Vision 2030’ campaign.
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Scope
– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Saudi Arabia
– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Saudi Arabia
– Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
– Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia travel & tourism market with five year forecasts by both value and volume
Reasons to Buy
– What was the size of the Saudi Arabia travel & tourism market by value in 2019?
– What will be the size of the Saudi Arabia travel & tourism market in 2024?
– What factors are affecting the strength of competition in the Saudi Arabia travel & tourism market?
– How has the market performed over the last five years?
– Who are the top competitiors in Saudi Arabia’s travel & tourism market?
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