Seasonal factors and regional unrest impact Jordan’s Q1 tourism revenue

By : JD

Jordan Daily – Jordan’s tourism income has declined by 5.6% in the first quarter of 2024, amounting to $1.6 billion, compared to $1.7 billion during the same period last year.

According to the Central Bank of Jordan , the decrease is attributed to seasonal factors in March, which coincided with the holy month of Ramadan, typically witnessing a drop in the number of tourists visiting the kingdom, in addition to the ongoing instability in the region.

However, remittances from Jordanian expatriates have shown an improvement in the first two months of 2024, increasing by 4.6% to reach $593.8 million, compared to $567.8 million during the corresponding period in 2023.