Jordan tourism revenues to reach $1 billion by year-end
The Jordanian treasury’s tourism revenues are expected to reach $1 billion by the end of 2000, a 35 percent rise compared with 1999, in which the tourism revenues totaled $850 million, reported Al-Sharq Al-Awsat.
The Jordanian private sector, in cooperation with Arab and international enterprises and investors, has recently executed several tourism and hotel projects in Amman, Aqaba and the Dead Sea region.
These projects are expected to enlarge the total hotel occupancy in the kingdom from the present 12,000 rooms to 18,000 rooms by the end of 2000. The total investment costs of these projects are assessed at $700 million. — (Albawaba-MEBG)