Saudi Arabia Hotel Market, Volume & Forecast by Regions 2019-2025 (1) - PowerPoint PPT Presentation

Title: Saudi Arabia Hotel Market, Volume & Forecast by Regions 2019-2025 (1)


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Saudi Arabia Hotel Market
Saudi Arabia Hotel Market
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Report Description and Highlights
Saudi Arabia hotel market has grown significantly
in recent years and is expected to continue
growing in the forecast period. With significant
demand for leisure, corporate, and religious
visitors, Saudi Arabia has lured many
international and national hotel chains. The
Saudi Arabia hotel industry is driven by rapid
economic growth, the development of real estate
projects investment, and Constructions. Besides,
the growing tourism demand in the country has
played an essential role in the accelerated
growth of the tourism industry as well as the
hotel industry. The Kingdom has also project to
grow the number of Hajj and Umrah tourists,
presently the major contributor to the kingdom
visitor number to 30 Million by 2030 from
around 19 Million in 2019. Saudi Arabia Hotel
Market is projected to be more than USD 24
Billion by the end of the year 2025.
Saudi Arabia Hotel Market
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Saudi Arabia Hotel Market
Saudis Vision of 2030, taking prior initiatives
into the Hotel industry likewise, according to
the Index Saudi, the government plan to open 144
pulse hotel and 56,106 rooms between the
years 2019 to 2021. This year, the government is
going to open 44 new hotels, and the next couple
of years by 2020, the government plan to open 15
new hotels, and by 2021, 21 projects are in their
pipeline. Apart from that, 41 and 9 hotels are in
pre-planning stages. Many hotel (4start, 4
stars, 3 stars, and 2 Star) companies in the
Kingdom has grown rapidly and as per our study,
we have covered companies future prospect say for
instance, the Intercontinental Hotel Group (IHG)
to open Voco hotel with 4,200 rooms, Accor Hotels
Middle East will open 13,500 rooms by 2020, and
Marriott International pipeline of 29 hotels and
over 5700 rooms in the Kingdom by 2030 and many
more companies in cities like Makkah, Medina,
Riyadh, and Jeddah.
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Saudi Arabia Hotel Market
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Saudi Arabia Hotel Market
Also, with the assistance of internet hotel
booking, the high-end hotel and mid-scale hotel
in Saudi Arabia is a significant contributor to
the rapid development of the financial community.
International and national tourists in Saudi
Arabia are more likely to book their hotels
online through the region, mostly in Makkah,
Medina, Riyadh, Jeddah, and Dammam. The
Government of Saudi Arabia is committed to
enhance citizens ' quality of life by
implementing its "Vision 2030." Renub
Research report title Saudi Arabia Hotel Market,
Volume Forecast by Type (High End, Mid Scale,
Budget) Ordering Platform (Online, Offline),
Regions (Makkah, Medina, Riyadh, Jeddah and
Dammam), Company (Dur Group, Al Hokair Group,
Altyaar Group, IHG Group, Marriot International,
Accor Middle East, Hilton Hotels) provides a
complete analysis of Saudi Arabians Hotel
Market. 
Saudi Arabia Hotel Market
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Saudi Arabia Hotel Market
By Hotel Type High End Hotel Market Dominates
the Hotel Market in Saudi Arabia The report
studies the market of the following hotel
segments High End, Mid Scale, and Budget.
High-end hotel controls the largest market share
in this market place. By Ordering Platform
Online Hotel Booking Market is steadily
Growing In the Saudi Arabia hotel market, Online
hotel booking market is steadily growing. This
report covers two types of ordering platform
online and offline. It is predicted that by 2025,
the online hotel market will increase
tremendously.
By Region Saudi Arabia Hotel Market This
report covered Hotels Status in the following
Regions Makkah, Medina, Riyadh, Jeddah, and
Dammam. Each region provides the following
details Number of Room, Room Average Daily Rate
(ADR), Revenue per Available Room (RevPAR), and
Occupancy Rate in the Region.
Saudi Arabia Hotel Market
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Saudi Arabia Hotel Market
Forecast for Saudi Arabia Hotel Market Share ()
- by Hotel type (2019-2025)
Source Renub Research Analysis Note
These are dummy figures actual data given in the
report
Saudi Arabia Hotel Market
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Saudi Arabia Hotel Market
Hotel/Company Analysis - All the hotels have been
studied from two points     Recent Development
or Strategy     Sales Hotels Cover in the
Report     Dur Group     Al Hokair
Group    Altyaar Group     IHG Group  
 Marriot International     Accor Middle
East    Hilton Hotels Hotel Type- Saudi Arabia
Hotel Market by Value     High End Hotel   
 Mid Scale Hotel     Budget Hotel Hotel Type-
Saudi Arabia Hotel Market by Volume     Premium
Hotel (4 star)     Mid-Scale Hotel (3 star)
    Budget Hotel(2star)
Saudi Arabia Hotel Market
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Saudi Arabia Hotel Market
Ordering Platform - Saudi Arabia Hotel
Market     Online     Offline By Region -
Saudi Arabia Five Star Hotel Status   
 Makkah     Medina    Riyadh   
 Jeddah     Dammam Each Region provides the
following Details     Number of room    Room
average daily rate (ADR)    Revenue per
available room (RevPAR)    Occupancy rate
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report https//www.renub.com/request-brochure-pag
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Saudi Arabia Hotel Market
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Saudi Arabia Hotel Market
Forecast for Saudi Arabia Hotel Market Share ()
- by Hotel type (2019-2025)
Source Renub Research Analysis Note
These are dummy figures actual data given in the
report
Saudi Arabia Hotel Market
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Saudi Arabia Hotel Market
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Market Contact Us Tel 1-678-302-0700 (US),
91-120-421-9822 (INDIA) Email info_at_renub.com
Saudi Arabia Hotel Market