{"id":26428,"date":"2024-04-04T10:43:24","date_gmt":"2024-04-04T07:43:24","guid":{"rendered":"https:\/\/insightss.co\/insights\/?post_type=document&#038;p=26428"},"modified":"2024-05-15T13:45:50","modified_gmt":"2024-05-15T10:45:50","slug":"saudi-tourism-hits-record-high-of-40bn","status":"publish","type":"document","link":"https:\/\/insightss.co\/insights\/saudi-tourism-hits-record-high-of-40bn\/","title":{"rendered":"Saudi Tourism Hits Record High of $40Bn"},"content":{"rendered":"<p>According to the most recent government figures, Saudi Arabia&#8217;s tourism spending hits a record high of <strong>SR135 billion<\/strong> (<strong>$39.95 billion<\/strong>) in <strong>2023<\/strong>.<\/p>\n<p>This statistic, announced by the <strong>Saudi Central Bank<\/strong>, represents the biggest tourist expenditure in the Kingdom&#8217;s history, with a <strong>42.8 percent<\/strong> increase over <strong>2022<\/strong>.<\/p>\n<p>The growth of the tourism business has been aided by legal changes, such as the acceptance of the new &#8220;<strong>Visiting Investor<\/strong>&#8221; visa by Saudi Arabia&#8217;s Ministry of Investment and Foreign Affairs.<\/p>\n<p>This initiative&#8217;s pace has accelerated dramatically, with the Kingdom placing second internationally in terms of visitor arrivals in the <strong>first seven months of 2023<\/strong>, according to the <strong>Saudi Press Agency<\/strong> in October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the most recent government figures, Saudi Arabia&#8217;s tourism spending hits a record high of SR135 billion ($39.95 billion) in 2023. This statistic, announced by the Saudi Central Bank, represents the biggest tourist expenditure in the Kingdom&#8217;s history, with a 42.8 percent increase over 2022. The growth of the tourism business has been aided [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":26416,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"industry":[],"insight":[228],"dates":[91],"service":[],"years":[439],"class_list":["post-26428","document","type-document","status-publish","format-standard","has-post-thumbnail","hentry","insight-general","dates-april","years-439"],"acf":[],"_links":{"self":[{"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/document\/26428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/document"}],"about":[{"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/types\/document"}],"author":[{"embeddable":true,"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/users\/4"}],"version-history":[{"count":2,"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/document\/26428\/revisions"}],"predecessor-version":[{"id":27917,"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/document\/26428\/revisions\/27917"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/media\/26416"}],"wp:attachment":[{"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/media?parent=26428"}],"wp:term":[{"taxonomy":"industry","embeddable":true,"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/industry?post=26428"},{"taxonomy":"insight","embeddable":true,"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/insight?post=26428"},{"taxonomy":"dates","embeddable":true,"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/dates?post=26428"},{"taxonomy":"service","embeddable":true,"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/service?post=26428"},{"taxonomy":"years","embeddable":true,"href":"https:\/\/insightss.co\/insights\/wp-json\/wp\/v2\/years?post=26428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}