RIYADH: Spending on hotel bookings in Saudi Arabia increased by 14 percent in the week ending Jan. 17, keeping total weekly outlays above $3 billion.
According to the latest data from the Saudi Central Bank, overall POS value dropped 1.4 percent to SR14 billion ($3.73 billion), while the number of transactions recorded a marginal 0.1 percent week-on-week decline to 236.53 million.
The seven-day period saw mixed changes across sectors, with spending at bakeries and pastry shops rising 2.1 percent to SR281.46 million, while gas stations recorded a 0.8 percent uptick and professional and business services saw a 0.4 percent increase.

Meanwhile, education saw the biggest decrease at 33.7 percent to SR162.98 million, followed by freight transport and courier services, which dropped 12.5 percent to SR41.64 million.
Expenditure on apparel and clothing fell 5.2 percent to SR1.3 billion, followed by a 4.4 percent decline in spending on books and stationery. Jewelry outlays declined 3.9 percent to SR406.03 million.
Spending on car rentals in Saudi Arabia fell 3.3 percent, while airline-related spending declined 12.4 percent to SR42.08 million.
Expenditure on food and beverages fell 1.2 percent to SR2.04 billion, accounting for the largest share of POS spending. Restaurants and cafes retained second place, rising 4.7 percent to SR1.85 billion.
Geographically, Riyadh, which accounted for the largest share of total POS spending, saw a 2.2 percent dip to SR4.74 billion, down from SR4.85 billion the previous week. The number of transactions in the capital settled at 74.11 million, down 0.9 percent week on week.
In Jeddah, transaction values increased 0.3 percent to SR2.03 billion, while Dammam reported a 4.8 percent decrease to SR673.16 million.

POS data, tracked weekly by SAMA, provides an indicator of consumer spending trends and the ongoing growth of digital payments in Saudi Arabia.
The data also highlights the expanding reach of POS infrastructure, extending beyond major retail hubs to smaller cities and service sectors, supporting broader digital inclusion initiatives.
The growth of digital payment technologies aligns with Saudi Arabia’s Vision 2030 objectives, promoting electronic transactions and contributing to the Kingdom’s broader digital economy.











