Households drive market demand, with household spending representing 64.1% of total demand in 2021. Abdulmohsen Alhokair Group for Tourism and Development Co is the largest company in Saudi Arabia, generating 7.8% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 19.5% of total production value in 2021. The total number of companies decreases in 2021, to 27,889 units. The costs of the industry decrease by 1.8% in 2021, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 29.3% of turnover in 2021, the 10th highest regionally. With turnover of USD3.8 billion, Saudi Arabia accounts for 9.3% of the Middle East and Africa total in 2021.
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This Euromonitor industrial report provides unique information on Hotels and Camping Sites in Saudi Arabia: ISIC 551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Hotels and Camping Sites in Saudi Arabia: ISIC 551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of hotels and camping sites and restaurants, bars and canteens.See All of Our Definitions
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