Foreign tourists' spending in Saudi stays near record high

Saudi Arabia continued to achieve high levels of foreign tourist spending during the first quarter of 2026, with expenditures reaching 44.3 billion riyals (11.8 billion dollars), representing a decrease of about 10% compared to the same period last year, which set historical records. This comes in the context of an unprecedented expansion of the tourism sector, which is one of the key drivers of the kingdom's economic diversification. The sector currently involves investments exceeding 450 billion riyals (120 billion dollars) and is expected to operate hundreds of thousands of hotel rooms by 2030. Despite regional tensions, the hospitality industry maintained stable performance, with estimates indicating the addition of 53 new hotels over the next ten years, as long-term tourism demand continues to grow.

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