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Travel & Tourism in Saudi Arabia

Publisher MarketLine
Published Oct 17, 2024
Length 44 Pages
SKU # MTLN19547164

Description

Travel & Tourism in Saudi Arabia

Summary

Travel & Tourism in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Travel & tourism industry is segmented into passenger airlines, passenger rail, foodservice, hotels & motels, and travel intermediaries.
  • The Saudi Arabian travel & tourism industry recorded revenues of $108.1 billion in 2023, representing a compound annual growth rate (CAGR) of 8.3% between 2018 and 2023.
  • The hotels & motels segment accounted for the industry's largest proportion in 2023, with total revenues of $54.9 billion, equivalent to 50.8% of the industry's overall value.
  • Increasing capital investment in the travel & tourism industry is a key driver of growth, particularly in sectors such as airlines, railways, foodservice, and accommodation. Investors are channelling more funds into expanding travel infrastructure to meet rising demand. According to the World Bank, the capital investment in travel and tourism in Saudi Arabia reached $41.4 billion in 2023, reflecting a 9.4% increase from 2022.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the travel & tourism market in Saudi Arabia
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the travel & tourism market in Saudi Arabia
  • Leading company profiles reveal details of key travel & tourism market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia travel & tourism market with five year forecasts
Reasons to Buy
  • What was the size of the Saudi Arabia travel & tourism market by value in 2023?
  • What will be the size of the Saudi Arabia travel & tourism market in 2028?
  • What factors are affecting the strength of competition in the Saudi Arabia travel & tourism market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Saudi Arabia's travel & tourism market?

Table of Contents

44 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies and strengths of the leading players?
7.3. What are the recent developments in the industry?
8 Company Profiles
8.1. Seera Group Holdings Co
8.2. Saudi Arabian Airlines UAE
8.3. Accor SA
8.4. McDonald's Corp
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Saudi Arabia travel & tourism industry value: $ million, 2018-23
Table 2: Saudi Arabia travel & tourism industry category segmentation: % share, by value, 2018-23
Table 3: Saudi Arabia travel & tourism industry category segmentation: $ million, 2018-23
Table 4: Saudi Arabia travel & tourism industry geography segmentation: $ million, 2023
Table 5: Saudi Arabia travel & tourism industry value forecast: $ million, 2023-28
Table 6: Seera Group Holdings Co: Key Facts
Table 7: Seera Group Holdings Co: Annual Financial Ratios
Table 8: Seera Group Holdings Co: Key Employees
Table 9: Saudi Arabian Airlines UAE: Key Facts
Table 10: Saudi Arabian Airlines UAE: Key Employees
Table 11: Accor SA: Key Facts
Table 12: Accor SA: Annual Financial Ratios
Table 13: Accor SA: Key Employees
Table 14: Accor SA: Key Employees Continued
Table 15: McDonald's Corp: Key Facts
Table 16: McDonald's Corp: Annual Financial Ratios
Table 17: McDonald's Corp: Key Employees
Table 18: McDonald's Corp: Key Employees Continued
Table 19: Saudi Arabia Size of Population (million), 2019-23
Table 20: Saudi Arabia real GDP (Constant 2010 Prices, $ billion), 2019-23
Table 21: Saudi Arabia GDP (Current Prices, $ Billion), 2019-23
Table 22: Saudi Arabia Inflation, 2019-23
Table 23: Saudi Arabia Consumer Price Index (Absolute), 2019-23
Table 24: Saudi Arabia Exchange Rate, 2018-23
List of Figures
Figure 1: Saudi Arabia travel & tourism industry value: $ million, 2018-23
Figure 2: Saudi Arabia travel & tourism industry category segmentation: $ million, 2018-23
Figure 3: Saudi Arabia travel & tourism industry geography segmentation: % share, by value, 2023
Figure 4: Saudi Arabia travel & tourism industry value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the travel & tourism industry in Saudi Arabia, 2023
Figure 6: Drivers of buyer power in the travel & tourism industry in Saudi Arabia, 2023
Figure 7: Drivers of supplier power in the travel & tourism industry in Saudi Arabia, 2023
Figure 8: Factors influencing the likelihood of new entrants in the travel & tourism industry in Saudi Arabia, 2023
Figure 9: Factors influencing the threat of substitutes in the travel & tourism industry in Saudi Arabia, 2023
Figure 10: Drivers of degree of rivalry in the travel & tourism industry in Saudi Arabia, 2023

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