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HomeBusinessMadinah’s Tourism Industry Flourishes in Q1 2024

Madinah’s Tourism Industry Flourishes in Q1 2024

Economic Report Reveals Robust Growth in Madinah's Tourism

June 14, 2024
in Business
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The beginning of 2024 has seen a notable surge in the tourism sector of Madinah, with early indicators pointing to a substantial leap forward when compared to the previous year’s figures. A recent economic analysis released by the Madinah Chamber for the initial quarter of 2024 showcases this upward trajectory.

According to the report, there has been a 15.3% rise in tourism-centric enterprises in comparison to the first quarter of the preceding year. Such enterprises, which span the spectrum from lodging facilities to travel consultancies and excursion planners, now account for 2.6% of the total economic dealings registered under the Madinah Chamber’s purview.

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Tags: business expansionEconomic ReportMadinahQ1 2024Tourism Growth
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