Following the news September 27 that Saudi Arabia has introduced reforms to its visa regulations and dress-code restrictions for women to encourage foreign tourists, Richard Thompson, editorial director, GlobalData, a leading data and analytics company, offered his view on Saudi Arabia’s tourism market.

The outbound family travel market will grow at a Compound Annual Growth Rate (CAGR) of 4.6 percent from 300 million trips in 2017 to 376 million in 2022, according to GlobalData, a leading data and analytics company.

Family and multi-generational travel is a rapidly expanding tourist segment within the global tourism industry and with a number of Saudis willing to explore new destinations outside their comfort zones, there are substantial opportunities for businesses outside the Middle East, according to GlobalData, a leading data and analytics company.