The report revealed that private residences in the Kingdom were boosted by inbound tourism over the past year. <The report showed that "private residences” It ranked second for housing options for incoming tourists in 2023 with 21% with 5.7 million tourists, after the hotel sector, which ranked first with 15.7 million tourists and 57%, while "apartments" ranked third with 19% with 5.3 million tourists.
The report showed that "private residences" came in second place for housing options for incoming tourists in 2023 with 21% with 5.7 million tourists. In another context, the Ministry of Tourism issued a regulation to regulate the rental of residential units for tourists, which included conditions such as the need for the authorizer to be a Saudi national, the availability of an electronic title deed or electronic rental contract, and the absence of objection from owners in shared properties.
The total number of tourist arrivals to the Kingdom in 2023 is estimated at 27.4 million tourists, with a total spending of 141.2 billion riyals, making the Kingdom top the United Nations Tourism Organization's list of international tourist growth among major tourist destinations.
The Kingdom also topped the United Nations Tourism Organization's list in terms of international tourist growth among major tourist destinations. The Kingdom also topped the G20 countries in the growth rate of international tourist numbers, achieving a growth of 56% compared to 2019, thanks to the facilities provided in issuing e-visas.
The Kingdom also topped the G20 countries in the growth rate of international tourist numbers, achieving a growth of 56% compared to 2019.
