Hotel chains are continuing to expand their number of outlets as they look to capitalise on the rapid expansion of travel in Saudi Arabia. Luxury hotels is expected to see dynamic growth both in terms of the number of outlets but also in value terms, as consumers with higher income travel much more fre uently and are willing to spend more during their visits on additional services such as fine dining and spa treatments.
Operators of hotels in all value ranges are looking to increase their number of outlets over the forecast period as they anticipate there being significant additional demand. A rise in domestic tourism coupled with a further increase in inbound leisure and religious arrivals will put pressure on lodging and create a strong demand for new hotels as well as other options such as short-term rentals.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in Saudi Arabia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Lodging (Destination) industry in Saudi Arabia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Lodging (Destination)
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.
See All of Our DefinitionsThis report originates from Passport, our Lodging (Destination) research and analysis database.
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