Recent study by Travelport suggests that the online travel industry in Saudi Arabia is developing at a rapid rate with online bookings expected to exceed US$1.9bn in 2014.
“The online travel industry across the whole of the Middle East is growing at an unprecedented rate, and significant growth we are witnessing in Saudi Arabia is further testament to this,” said Rabih Saab, president and managing director, Middle East and Africa, Travelport.
The research also shows rapid development of Saudi Arabia’s travel industry as a whole, estimating that by 2014 the country’s travel trade will be worth US$11.4bn compared to US$9.8bn in 2011.
To support the continuous development of Saudi Arabia’s online and traditional travel sectors, Travelport has unveiled its key business priorities for 2014. The company will focus on new technology showcase such as the Travelport Smartpoint 3.0. Simultaneously, the company will also continue the roll-out of Travelport Merchandising Platform and the Travelport Universal API.
“This year, we have continued to grow our footprint across Saudi Arabia and through our solid product and business stagey in 2014, we will continue to develop our regional presence and address ever evolving needs of our customers,” added Saab