Market Reports on Saudi Arabia Provides the Trending Market Research Report on “Lodging in Saudi Arabia” under Service Industry category. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues.
In 2017, hotels recovered well from its slowdown in 2016. Current value sales rose by 8%, whereas the category had posted a review period low of 6% in 2016. Growth is being driven by recent developments and initiatives taken by the government to invest more in the country’s tourism, such as promoting domestic and inbound tourism by changing the Kingdom’s image. The occupancy rate of hotels remained at 72% in 2017, thanks to the increase in inbound arrivals, which was due to a rise in the number of Umrah and Hajj visas issued by the Kingdom. The Umrah Plus launch received a positive reception. Incoming pilgrims with valid Umrah visas were able to travel to other selected places within Saudi Arabia as opposed to before, when they were limited to the cities of Jeddah, Mecca and Medina. Domestic tourism is benefiting from the SCTH’s efforts to promote travel within the Kingdom, with huge projects such as Al Ogair Tourism Destination underway. Other efforts to boost domestic tourism include the country building its own entertainment city near the capital Riyadh, owing to growing urbanization.
Lodging in Saudi Arabia report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest market size data 2012-2016, allowing you to identify the sectors driving growth. It identifies the leading companies and offers strategic analysis of key factors influencing the market - be they new legislative, technology or pricing issues. Background information on disposable income, annual leave and holiday taking habits is also included. Forecasts to 2021 illustrate how the market is set to change.
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* Lodging Offline
* Lodging Online
* Other Lodging
* Short-Term Rentals.
Data Coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report?
* Get a detailed picture of the Lodging market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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