Facebook
Twitterhttps://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Saudi Arabia Hospitality Market is Segmented by Type (Chain Hotels and Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, and Other), Booking Channel (Direct Digital, Otas, and Other), Geographic Region (Riyadh Region, Makkah & Jeddah Corridor, and Other). The Market Forecasts are Provided in Terms of Value (USD).
Facebook
TwitterIn 2028, the revenue of the hospitality industry in Saudi Arabia was forecasted to reach over ** billion U.S. dollars. The revenue of the hotel industry was expected to increase significantly from 2021 to 2028.
Facebook
Twitterhttps://www.marketreportanalytics.com/privacy-policyhttps://www.marketreportanalytics.com/privacy-policy
The Kingdom of Saudi Arabia's hospitality industry, valued at $13.23 billion in 2025, is experiencing robust growth, projected to expand at a Compound Annual Growth Rate (CAGR) of 5.03% from 2025 to 2033. This expansion is fueled by several key drivers. Significant government investments in infrastructure development, including mega-projects like NEOM and Red Sea Project, are attracting substantial tourism and business travel. The diversification of the Saudi Arabian economy away from oil dependence, coupled with increased focus on leisure and entertainment, is creating a surge in demand for diverse hospitality offerings, from budget-friendly accommodations to luxury resorts. Furthermore, the easing of visa regulations and promotional campaigns targeting international tourists are contributing to the sector's growth. The industry is segmented by type (chain vs. independent hotels) and by service level (service apartments, budget/economy, mid-scale, luxury). While the luxury segment commands a premium, the budget and mid-scale segments are witnessing rapid growth driven by increasing domestic tourism and the rising middle class. Competition is intense, with both international chains (InterContinental Hotels Group, Accor S.A., Marriott International Inc., Hilton Hotels & Resorts) and prominent local players (Al Hokair Group, Dur Hospitality Company, Al Tayer Group) vying for market share. Challenges include maintaining service quality amidst rapid expansion and addressing potential workforce shortages. Future growth will likely be influenced by the success of ongoing tourism initiatives and the overall economic performance of the Kingdom. The projected growth trajectory for the Saudi Arabian hospitality sector is optimistic, driven by Vision 2030's strategic initiatives to boost tourism and diversify the economy. However, the sector needs to strategically address potential headwinds, including maintaining price competitiveness, managing supply chain challenges, and adapting to evolving consumer preferences. A successful approach will require ongoing investment in technology, skilled workforce development, and sustainable tourism practices. The continued influx of international hotel brands and the emergence of innovative local players ensures a dynamic and competitive market landscape, driving further innovation and enhancing the overall tourist experience. The long-term outlook suggests continued expansion, with the potential for significant growth in niche segments like eco-tourism and wellness retreats, catering to a growing demand for unique and sustainable travel experiences. Recent developments include: May 2023: Marriott International launched its 31st brand, City Express by Marriott, following its acquisition of the City Express brand portfolio from Hoteles City Express., April 2023: Saudi-based Taiba Investments Company acquired a 100% stake in Dur Hospitality Company in exchange for issuing new shares in Taiba. It includes following the deal inked by the duo in December 2022 on a possible securities exchange deal, including a non-binding agreement on structuring and share swap coefficient.. Key drivers for this market are: Increase in the Number of Restaurants and Bars in the Industry, Increase in the Number of Tourist Attractions and Activities. Potential restraints include: Increase in the Number of Restaurants and Bars in the Industry, Increase in the Number of Tourist Attractions and Activities. Notable trends are: An Increase in the Number of Hotels and Suggested Projects.
Facebook
Twitterhttps://www.datainsightsmarket.com/privacy-policyhttps://www.datainsightsmarket.com/privacy-policy
The size of the Hospitality Industry In The Kingdom Of Saudi Arabia market was valued at USD 13.23 Million in 2024 and is projected to reach USD 18.65 Million by 2033, with an expected CAGR of 5.03% during the forecast period. Recent developments include: May 2023: Marriott International launched its 31st brand, City Express by Marriott, following its acquisition of the City Express brand portfolio from Hoteles City Express., April 2023: Saudi-based Taiba Investments Company acquired a 100% stake in Dur Hospitality Company in exchange for issuing new shares in Taiba. It includes following the deal inked by the duo in December 2022 on a possible securities exchange deal, including a non-binding agreement on structuring and share swap coefficient.. Key drivers for this market are: Increase in the Number of Restaurants and Bars in the Industry, Increase in the Number of Tourist Attractions and Activities. Potential restraints include: Inadequate Research and Development, Unpredictability of the Market. Notable trends are: An Increase in the Number of Hotels and Suggested Projects.
Facebook
TwitterAccording to data from the UNWTO, the gross value added (GVA) of hotels and similar accommodation establishments of the hotel industry in Saudi Arabia in 2020 amounted to just over *********** U.S. dollars.
Facebook
TwitterBy 2028, the room capacity in the hospitality industry in Saudi Arabia was forecasted to reach above *** thousand rooms. In 2023, the total room capacity in Saudi Arabia was estimated to be around *** thousand rooms.
Facebook
TwitterThis data set has been published with the intention of supporting data scientists interested in the Kingdom of Saudi Arabia, and supporting data related to the country of the Kingdom of Saudi Arabia
creates a dataset for hotels from booking.com on April 29 to May 1 The goal of collecting this data is to contribute to solving a range of issues in the Kingdom of Saudi Arabia. This dataset for booking.com wbsite's hotels that it located in Saudi Arabia.
It can be helping you to make sum predictes like: 1- pridication about the availability. 2- Find the right pricing. 3- Analyze the behavior of the salary in this Period in. 4- Predicting services that satisfy consumers. and onther more
Facebook
Twitterhttps://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/
Hospitality in Saudi Arabia Market size was valued at USD 12.4 Billion in 2024 and is expected to reach USD 19.3 Billion by 2032, growing at a CAGR of 5.6% from 2026 to 2032.
Hospitality in Saudi Arabia Market: Definition/ Overview
Saudi Arabia hospitality services include hotels, resorts, restaurants, and event management. It helps millions of religious pilgrims visit Mecca and Medina each year. The sector also attracts business and leisure tourists, which benefits the economy. Luxury buildings and entertainment hubs are proliferating across the country. Vision 2030 is to make Saudi Arabia a leading global tourist destination. Cultural attractions and large-scale events help to foster hotel expansion. The sector evolves with new infrastructure and world-class services.
The Hospitality in Saudi Arabia Market is optimistic, with significant investments. Millions of people visit mega projects such as NEOM, the Red Sea Project, and Diriyah Gate.
Facebook
TwitterApache License, v2.0https://www.apache.org/licenses/LICENSE-2.0
License information was derived automatically
This dataset is about hotels in Riyadh, the capital city of Saudi Arabia, and provides detailed information on various aspects of the hospitality industry. Riyadh is a prominent destination for business travelers, tourists, and pilgrims, making its hotel market an essential part of the city's infrastructure. The dataset includes information about hotel pricing, availability, geolocation, ratings, and other attributes, offering a comprehensive view of the hotels sector in this beautiful city. The data has been sourced from some of the most popular booking platforms and hotel websites, including Booking.com, Hotels.com, Expedia, Agoda.com, and Trip.com, among others. It is important to note that this dataset specifically refers to hotel bookings for the next two months, providing a short-term outlook on the Riyadh hotel market.
Facebook
TwitterIn 2023, the average daily rate (ADR) of hotels in Saudi Arabia was expected to be about *** U.S. dollars, indicating an increase from the previous year. During the examined period, the ADR experienced a significant drop in 2020 following the COVID-19 outbreak.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Comprehensive dataset containing 24,420 verified Hotel businesses in Saudi Arabia with complete contact information, ratings, reviews, and location data.
Facebook
Twitterhttps://www.kenresearch.com/terms-and-conditionshttps://www.kenresearch.com/terms-and-conditions
Saudi Arabia luxury hotels and resorts market valued at USD 1.1 billion, driven by Vision 2030, tourism growth, and rising disposable income, targeting 100 million visitors by 2030.
Facebook
TwitterAccording to the data provided by the World Tourism Organization (UNWTO), in 2020, the monetary data output of hotels and similar establishments in Saudi Arabia amounted to approximately *********** U.S. dollars, compared to *********** U.S. dollars in the previous year.
Facebook
Twitterhttps://mobilityforesights.com/page/privacy-policyhttps://mobilityforesights.com/page/privacy-policy
Saudi Arabia Hotel Toiletries Market has witnessed robust growth with rising demand for high-quality & personalized guest amenities in hospitality sector.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Comprehensive dataset containing 1,999 verified Extended stay hotel businesses in Saudi Arabia with complete contact information, ratings, reviews, and location data.
Facebook
Twitterhttps://www.actualmarketresearch.com/license-informationhttps://www.actualmarketresearch.com/license-information
Saudi Arabia’s luxury hotel market is expected to grow at 7.92% CAGR from 2025 to 2030, driven by increased investment in tourism infrastructure and a demand for upscale accommodat
Facebook
TwitterUSD 112.51 Billion in 2024; projected USD 176.25 Billion by 2033; CAGR 5.16%.
Facebook
Twitterhttps://www.kenresearch.com/terms-and-conditionshttps://www.kenresearch.com/terms-and-conditions
Saudi Arabia luxury hospitality & resorts market valued at USD 7.5 billion, driven by Vision 2030, tourism influx, and rising incomes, targeting 100M visitors by 2030.
Facebook
TwitterUSD 4.01 Billion in 2024; projected USD 6.88 Billion by 2033; CAGR 6.18%.
Facebook
TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Comprehensive dataset containing 10,254 verified Resort hotel businesses in Saudi Arabia with complete contact information, ratings, reviews, and location data.
Facebook
Twitterhttps://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy
The Saudi Arabia Hospitality Market is Segmented by Type (Chain Hotels and Independent Hotels), Accommodation Class (Luxury, Mid & Upper-Mid-Scale, and Other), Booking Channel (Direct Digital, Otas, and Other), Geographic Region (Riyadh Region, Makkah & Jeddah Corridor, and Other). The Market Forecasts are Provided in Terms of Value (USD).