openPR Logo
Press release

Saudi Arabia Outbound Tourism market expected USD 43 Billion by 2025

03-06-2019 03:38 PM CET | Tourism, Cars, Traffic

Press release from: Renub Research

saudi-arabia-outbound-tourism-market-forecast

saudi-arabia-outbound-tourism-market-forecast

Access full Research:
https://www.renub.com/saudi-arabia-outbound-tourism-market-p.php

Get Free Customization in This Report

In the recent years, the Kingdom of Saudi Arabia has witnessed a significant growth in the outbound tourism market including the number of trips and the total night spent across overseas. As per our study, the number of night spent by Saudi tourist overseas was only 26 million nights in 2006, while they spent more than 250 millionin 2015. The main reason driving the night spent by Saudi Arabia in foreign country is lack of entertainment in the country.
Moreover, due to swift advancement of smartphones and improved internet access has led to noteworthy development in tech-savvy customers in the Saudi Arabia; most of them belong to “generation Z”. With greater usage of web-based social networking websites and ease of using online platforms, these types of customers prefer using internet booking websites. Saudi Arabia Outbound Tourism market expected to be more than USD 43 Billion by the end of year 2025.

Request a free sample copy of the report: https://www.renub.com/contactus.php


In terms of destination of interest, Saudi tourists mostly stay within the Middle East countries only, with United Arab Emirates (UAE), Bahrain and Jordan being the three most preferred destinations. However, the number of Saudi travelers is also willing to explore new destinations outside the Middle East, offering enormous opportunities for business outside the Middle East. This report lays emphasis on the Saudi Arabia Outbound Tourism to countries (Singapore, Malaysia, Germany, India, United Kingdom, Turkey, United States, Switzerland, Australia, South Africa) outside Middle East.

The number of outbound tourists from Kingdom of Saudi Arabia has been increasing year on year. The primarily reason driving the Saudi Arabia Outbound Tourism Market is vacation activities including relaxing, shopping and sightseeing. On the nature of tourist type, family travel is dominating the Kingdom of Saudi Arabia Outbound Tourism Market. The family travel by Saudi Arabia tourist is substantially higher when compared to world average.

Renub Research report titled “Saudi Arabia Outbound Tourism Market, Tourist Numbers, Countries (United States, United Kingdom, India, Germany, Switzerland, Singapore, Australia, Malaysia, Turkey, South Africa) Purpose of Visit (Holiday, Visit Friends & Relatives, Business, Others)” is the report on fast-evolving, high-growth Saudi Arabia Outbound Travel Industry.


Tourism Types: Holiday, Visit Friends and Relatives (VFR), Business (MICE) & Others (Education, Medical Treatment)
Holiday segment is the most popular tourism segments among all other segments of Saudi Arabia Outbound Tourism. The other 3 segments covered in the report are Visit Friends and Relatives (VFR), Business (MICE) & Others (Education, Medical Treatment). This report offers complete analysis of tourism type from different viewpoints such as market, visitor numbers, market share, visitor share etc by country wise.

Saudi Arabia Outbound Tourists Visits: Turkey, United States, United Kingdom, Switzerland and Malaysia are preferred destination by Saudi Tourists
In this reports, we have done the analysis for 10 destinations of Saudi Arabia Outbound Tourism. Turkey, United States, United Kingdom, Switzerland and Malaysia are some of the preferred destination by Saudi Arabia tourists. In this report, we have done comprehensive analysis of each country in terms of number of Saudi Arabia tourist visit, market & forecast and number of associated factors that impacted Saudi Arabia Outbound Tourism. The ten countries studied in the report are as follows: United States, United Kingdom, India, Germany, Switzerland, Singapore, Australia, Malaysia, Turkey and South Africa.

Saudi Arabia Outbound Tourists Market (Spending): United States, United Kingdom, India, Switzerland, Turkey, Germany and Malaysia are some of the countries receiving large Tourism Receipt (Spending) from Saudi Arabia.

This report covers various share analysis of Saudi Arabia outbound tourism like Saudi Arabia outbound visitor market share & forecast by country, Saudi Arabia outbound tourist market share by tourism type (Holiday, VFR, MICE & Others). Ten countries tourism receipts from Saudi Arabia studied in the report are as follows: United States, United Kingdom, India, Germany, Switzerland, Singapore, Australia, Malaysia, Turkey and South Africa.

Saudi Arabia Outbound Tourists Numbers and Market (Spending) - 10 Countries covered in this report
1. United States
2. United Kingdom
3. India
4. Germany
5. Switzerland
6. Singapore
7. Australia
8. Malaysia
9. Turkey
10. South Africa

Tourism Types Covered in this report
All countries have been analyzed with consideration of following key travel segments
• Holiday Tourists Arrivals & Market (Spending)
• Visit Friends and Relatives (VFR) Arrivals & Market (Spending)
• Business (MICE) Arrivals & Market (Spending)
• Others Arrivals & Market (Spending)

If the information you seek is not included in the current scope of the study kindly share your specific requirements with our custom research team at info@renub.com

Contact Us
Email: info@renub.com
Phone: +1-678-302-0700
Web: www.renub.com

Renub Research is a leading Market Research and Information Analysis Company with centers at Noida India and Roswell USA. We have long-term experience especially in international Business-to-Business Researches, Surveys, Business and Consulting. Throughout the years we have acquired expertise in most market sectors, including Information Technology (IT), Telecoms, Life Sciences, Medical & Pharmaceuticals, Financial Services (Banking, Insurance, Reinsurance, M&A, etc.), Energy, Chemicals, Automotive, Retail, FMCG, Consumer Goods, Logistics, Governmental, Social, and Others.

Our core team is comprised of an experienced people holding graduate, post graduate and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science and many more. Our research help make the business decisions: on strategy, organization, operations, technology, mergers & acquisitions etc. We support many blue chip companies by providing them findings and perspectives across a wide range of markets. Our research reports offer a blend of information insight, analysis and forecasting that is essential in today's ultra-competitive markets.

225 Kristie Ln, Roswell, GA 30076, United States

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Saudi Arabia Outbound Tourism market expected USD 43 Billion by 2025 here

News-ID: 1631621 • Views: 394

More Releases from Renub Research

Saudi Arabia Ecommerce Market, Penetration, Users, Average Revenue Per Users & F …
Over the previous few years, the Saudi Arabia economy has witnessed unprecedented development. Together, the National Transformation Program (NTP) and Vision 2030 envisage a multi-faceted economic development, both of which set out important plans to help achieve this goal. Enabling financial diversification, driving growth in the SME segment and fostering innovation and entrepreneurship is at the core of these goals, and developing the e-commerce industry as part of the NTP
Global Lobster Market by Species, Importing and Exporting Countries, Forecast
Lobster contains a rich source of nutrients like vitamin E, Omega 3 fatty acids, magnesium, phosphorus, copper, zinc, and B12. Currently more than half of the lobster produced in the United States of America only. Moreover, the United States also imports lobster from other countries because of the huge demand for domestic consumption. People across the world prefer to eat lobster because of their rich nutrients, and their omega 3
India Online Food Delivery Market is expected to US$ 5 Billion by the end of the …
For More Information: https://www.renub.com/india-food-delivery-market-nd.php Get Free Customization in This Report As the beginning of the 21st century, after the introduction of dot-com (.com) crash, a new trend of online businesses have started to emerge, which has slowly changed the whole perception of people ordering food. Led by some snacks and Chinese food items by a few food companies to almost all food items that one could wish by several players at the
Electric Bus Market is projected to surpass US$ 400 Billion by the end of the ye …
Get Free Customization in This Report The electric bus is the most novel technology accessible for public transport systems. With the increasing environmental concerns due to growing carbon footprint across the world and the depletion of fossil fuel reserve are among the significant factors which have pushed the automobile industry to opt for the electric bus as an alternative to a conventional bus. The bus is one of the vital modes

All 5 Releases


More Releases for Saudi

Saudi Arabia Infrastructure Research Report
The report provides a detailed analysis of the Infrastructure sector in Saudi Arabia, including the state of current infrastructure, the regulatory and financing landscapes, forecast spending across all key sectors and the major projects in the construction pipeline. Request A Free Sample Report- http://www.marketresearchhub.com/enquiry.php?type=S&repid=1311098 The report covers all key infrastructure sectors: roads, railways, electricity and power, water and sewerage, communication, and airports and ports. Summary With a young and growing population, together with rapid
Saudi Arabia Pharmaceutical Market Development Analysis
The Saudi Arabia Pharmaceutical market has recorded significant growth over the years driven by various factors like increasing ageing population mostly in the above 60 years bracket, changing demographics and rise in the incidence of lifestyle diseases, increased spending power, result driven government initiatives to promote the growth of indigenous pharmaceutical companies. Inspite of the progress, the pharmaceutical sector in the Saudi Arabia is still in an emerging phase, and
Saudi Arabia Electronic Security Market-6Wresearch
Rising Security Concerns, Surging Security Spending and Large Scale Infrastructure Development to Boost the Demand for Electronic Security Systems in Saudi Arabia – 6Wresearch Infrastructure development in Saudi Arabia is accelerating at a rapid pace on account of government initiatives for economic diversification. However, with infrastructure development, country is also facing serious threats from the rising terrorism in the Middle East region. Electronic security market in the country is expected to
Saudi Arabia Radio LIve
Saudi Arabia Live Radio is created for the sake of our contemporary users to accommodate their demands and expectations. This innovative application is full of comprehensive Radio Stations, which are renewed and extended from time to time by the sophisticated professionals. The following app is absolutely free of charge and provides you with an exclusive opportunity to listen to your favorite music and newsworthy programs, as well as news from
Saudi Privatization Summit 2016 – “Unlocking the hidden potential of Saudi A …
The current oil catastrophe and economic stress is compelling Saudi Arabia to transform and is set to create the World's biggest and Middle East’s strongest Sovereign Wealth Fund by welcoming International investments and privatizing state-owned companies. The Kingdom envisions to increase non-oil revenue to USD 120 Billion per year, by 2020 and a six-fold growth to USD 266 Billion per year by 2030. Diversifying traditionally-oil based economies and reducing the
Saudi Arabia Accelerating Efforts in Cyber Security.
Leading up to the 2nd Annual Kingdom Cyber Security Knowledge Sharing Workshop in Riyadh,Fleming Gulf caught up with Bill Leigher- Advanced Solutions Director Intelligence, Information and Services at Raytheon Company, USA to analyze current and future trends in cyber security. With cyber threats becoming more complex and indefinite, businesses have to keep up with innovative cyber security applications. No longer just an IT priority, the awareness regarding cyber securitycontinues to grow,