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Source: AME Info, Abu Dhabi, United Arab EmiratesJuly 29--SAUDI TOURISM GENERATED SR17BN IN REVENUES SINCE 2008: Prince Sultan bin Salman, president of the Saudi Commission for Tourism and Antiquities (SCTA) has said tourism festivals in the kingdom have generated more than SR17bn in revenues over the past eight years, Arab News has reported.新蒲崗迷你倉 "These festivals drew a record crowd of 55 million over the past eight years," said the SCTA chief. The government body spent SR60m to organise the festivals, the prince said.OCCUPANCY IN JEDDAH HOTELS DOWN TO 30 percent: Saudi Arabia's National Tourism Council has said tourist activity in Jeddah fell by 75 percent this Ramadan, with occupancy in hotels at a modest 30 percent, Saudi Gazette has reported. The slump was greater than anticipated, said member of the council, Ibrahim Al-Rashid. "We expected a 25 percent decrease, but what we have is a 75 percent decrease," he said, blaming the late start of the summer vacation for this decline. Saudi and Gulf nationals make up the majority of Jeddahmini storagetourists, most of whom prefer to visit Makkah and Madinah at this time of the year, he noted.STARWOOD HOTELS RAISES 2013 OUTLOOK AFTER 12 percent GROWTH IN EARNINGS: Starwood Hotels & Resorts Worldwide Inc. has reported a 12 percent increase in its quarterly earnings and raised its 2013 earnings forecast, as a rebound in business travel fills its rooms, Reuters has reported. Second-quarter net income from continuing operations rose to $137m from $122m a year earlier. Starwood, which owns the Sheraton, Westin, W and Le Meridien brands, said occupancy at its hotels in North America in the second quarter reached 76 percent, the highest ever. Starwood has been expanding in Asia and Middle East where demand is also growing. The company raised its full-year adjusted earnings forecast to $2.81-$2.88 per share from its earlier forecast of $2.75-$2.83 per share.Copyright: ___ (c)2013 AME Info (Abu Dhabi, United Arab Emirates) Visit AME Info (Abu Dhabi, United Arab Emirates) at www.ameinfo.com Distributed by MCT Information Servicesself storage