Travel Market Put at SR16 Billion

JEDDAH, 27 August 2005 — The general manager for Kanoo Company for tourism and travel, Abdullah Bukhamseen, estimated the tourism and travel market in the Kingdom totals SR16 billion including airline company sales, Al-Watan newspaper reported. He added that there are no clear statistics on how much is spent on hotels and tourism travel, but the estimated number of SR3 billion. He added that the market is growing annually by 4 percent and 70 percent is very much dependant on non-Saudis.