Saudi Prince Alwaleed Bin Talal is currently vacationing in the Aegean resort of Bodrum and he has sure shaken up the economy of the Turkish tourism destination. 

According to Turkish Newspaper Hurriyet Daily News, the prince "has spent at least 2.5 million Turkish Liras ($710,568)," during his first week at the resort. 

The prince – who is known as the "richest Arab" – and his family members arrived in Bodrum on August 14. 

Their private jumbo jet landed at the Milas-Bodrum Airport under tight security measures, after which the family was transported to a hotel. 

What's packing light?

Photo Credit: AA Source:

Prince Alwaleed's family sure didn't pack light for the trip and reportedly had to have "300 items of luggage and 30 bicycles," taken to the hotel in trucks.

$470,000 on hotel rooms and private villas? Check

"[Alwaleed] stayed at the hotel with a nightly price of 40,000 euros and hired another villa for other family members," reported Hurriyet Daily News

He also rented out 20 lodges everyday for the comfort of the family.

In total, the prince is said to have spent a total of 400,000 euros ($470,724) on accommodation alone. 

$11,000 dinners? Check

During his time in Bodrum, the Saudi prince also reportedly dined at the Bodrum branch of the now famous Nusret ("Salt Bae") Steakhouse and left a 20,000-lira tip. 

He also reportedly dined at a fish restaurant by the marina and paid a total of 40,000 liras for dinner ($11,000). 

There were some still common vacation activities though

The trip wasn't all about lavish dinners though. 

Alwaleed was also spotted riding bikes, enjoying water sports and exploring Bodrum on foot.

Still not the most expensive Arab royal vacation this year

This is certainly not the first time an Arab royal boosts a city's economy by vacationing. 

Saudi Arabia's King Salman, who spent his annual summer holiday in Tangier, Morocco this year, also positively affected the country's foreign tourism revenues, to say the least. 

After spending a month in the Moroccan city, where he owns a 30-hectare mansion, Salman's trip has been estimated to account for 1.5 percent of the country's annual foreign tourism revenue. 

Taking into account residence, transportation, and overall living expenses, along with fees paid for entertainment and touristic activities, the king's trip is expected to cost around $94,000,000.

According to Haaretz, this is considered to be the most expensive "all-inclusive package" ever ... accounting for 1.5 percent of the country's revenue stream coming from foreign tourism in 2017.