Hotels performed well in 2015, with current value sales in the area rising by 6% to reach SAR15 billion. Growth was driven by rising demand for hotel rooms thanks to increasing inbound and domestic tourism, with the occupancy rate remaining at a strong 72% as a result. Inbound tourism received a boost from the relaxation of the Umrah visa process and the launch of a post-Umrah programme, which allows Umrah visa holders to travel within Saudi Arabia as opposed to before, when they were limited to...
Euromonitor International's 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 2011-2015, 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 2020 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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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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