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Saudi Arabia tourism forecast to grow 8%

Business Monitor International (BMI) has said tourist arrivals into Saudi Arabia are forecast to increase by 8% year-on-year to 14.87 million in 2012, Arab News has reported. The number of tourist arrivals is expected to grow by an average of 6% year-on-year by the end of 2016, BMI said. The Saudi market is also seen to have 424,000 hotel rooms by 2016, up from a projected 317,000 this year, the report said.