Technology News, Search Engine

Technology News & Search Engine

Technology News and Search Engine - Computers and Software,
Internet, Personal and Enterprise Technogy News. Website Builder.
Press release distribution service
Home | Technology News Search Engine:                                     

Home: Technology News:

Saudi Arabia Hotel Market will be USD 24 Billion by 2025 - Renub Research

(IT-NEWSWIRE.COM, January 24, 2020 ) In GCC countries, the market of hospitality has gained prominence. GCC economies have historically been heavily dependent on oil. Nevertheless, as governments concentrate on non-oil industries, the region has undergone many economic changes over the past decade. For the hospitality sector, tourism is a primary driver. The hotel industry in Saudi Arabia is driven by rapid economic growth, investment in real estate projects, and construction. Saudi Arabia Hotel Market is expected to cross USD 24 Billion by the year 2025.


Religious tourism will thrive as the Kingdom completes the expansion of the Holy Mosques from just over 17.5 Million in 2014, to cross 25 Million by 2025. The Kingdom also has a proposal to increase the number of Hajj and Umrah visitors from about 19 million in 2019 to 30 million by 2030. Saudi's 2030 dream, taking prior measures in the hotel industry; the government also plans to open 144 pulse hotels and 56,106 rooms between 2019 and 2021.

Request a free Sample copy of the report: https://www.renub.com/request-sample-page.php?gturl=saudi-arabia-hotel-market-p.php

In order to meet this growing demand, the government is investing heavily in the construction of hotel, transport infrastructure, such as high-speed rail and Metro projects in Makkah. Business tourism is proliferating on the back of strong economic growth and concentrating on expanding other economic pockets by the government. This is mainly concentrated in Saudi Arabia's three major cities: Riyadh, Jeddah and Al-Khobar. In order to attract more business visitors and increase the flow of domestic tourists, the government invests heavily in developing transport infrastructure in these cities.


Renub Research report title “Saudi Arabia Hotel Market, Volume & Forecast by Type, Ordering Platform, Regions, Company (Dur Group, Al Hokair Group, Altyaar Group, IHG Group, Marriot International, Accor Middle East, Hilton Hotels)” provides a complete analysis of Saudi Arabia Hotel Market.


Renub Research Infographic Zone For Your Graphic Help : https://renubresearchinfographiczone.blogspot.com/


Market Summary:

By Hotel Type: The study explores the demand for the following types of hotels: high-end, mid-scale, and budget. High-end hotels dominate this market place's with the most significant market share.

By Ordering Platform: Online hotel booking business is steadily growing in the hotel industry in Saudi Arabia. The study deals with two types of platform for ordering: online and offline. The online hotel market is expected to increase dramatically by 2025.

By Region: This report provides the details of hotels in the respective cities of Saudi Arabia: Makkah, Medina, Riyadh, Jeddah, and Dammam. The details covered in the report are: Room Number, Regular Room Average Rate (ADR), Available Room Income (RevPAR), and Regional Occupancy Rate.


Key Topics Covered :

1. Introduction
2. Research & Methodology

3. Executive Summary
4. Market Dynamic

4.1 Growth Drivers
4.2 Challenges
4.3 Opportunities


5. Saudi Arabia Hotel Market

5.1 Market
5.2 Volume
5.3 ADR (Average Daily Rent Per Night)
5.4 REVPAR (Per Room per Night)
5.5 Occupancy Rate


6. Share – Saudi Arabia Hotel Analysis

6.1 Hotel Type Market
6.2 Hotel Type Volume
6.3 Ordering Platform


7. Hotel Type – Saudi Arabia Hotel Market and Volume

7.1 High End Hotel
7.2 Mid Scale Hotel
7.3 Budget Hotel


8. Ordering Platform – Saudi Arabia Hotel Market

8.1 Online Hotel Market
8.2 Offline Hotel Market


9. Region - Saudi Arabia Hotel Market

9.1 Makkah
9.2 Medina
9.3 Riyadh
9.4 Jeddah
9.5 Dammam


10. Mergers and Acquisitions

11. Hotel/Company Analysis

11.1 Dur Group
11.2 IHG Group
11.3 Marriot International
11.4 Accor Middle East
11.5 Hilton Hotels

If the information you seek is not included in the current scope of the study kindly share your specific requirements with our custom research team.

Browse Related Report :

Saudi Arabia Cinema Market@ https://www.renub.com/saudi-arabia-cinema-market-p.php

Saudi Arabia Entertainment & Amusement Market@ https://www.renub.com/saudi-arabia-entertainment-and-amusement-market-p.php


About Us:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys, and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions. Our clients rely on our market analysis and data to make informed knowledgeable decisions. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Contact Us
Renub Research
Phone: +1-678-302-0700
Email: info@renub.com
Website: www.renub.com
Follow us on LinkedIn: www.linkedin.com/company/renub-research

Renub Research

Rajat Gupta

Market Research, Bus

rajat.gupta@renub.com

Source: EmailWire.Com

Source: EmailWire.com


Sponsored Links

EmailWire Business Directory
EmailWire Business Directory about Legal, Stocks, Investment, Markets, Stocks


Submit website to Business Directory

Listen to GroupWeb Radio

Technology News Headlines
  • Computer Security
  • Digital Music
  • Digital Video/TV
  • Enterprise
  • Linux/Open Source
  • Microsoft
  • Mobil Phones
  • Internet
  • Personal Technology
  • Portals & Search Engines
  • RSS and Blogging
  • Software
  • Technology News
  • GroupWeb Market Place
    Website Builder - Blog Builder
    Build your website in 5 minutes. One month free. No setup fee! Blog Included.
    WebSiteBuilder.GroupWeb.Com

    Your text Ads here!
    Ads are only $50 per month.Please contac us and state ou want to place advertisement on GroupWeb.com.

    Emailwire.com/contact.php

    Technology Business Video Feed

    More Technology Video Feeds
  • Computers
  • Computers & Software
  • Home Theater
  • Personal Technology
  • TechBiz
  • TechBytes
  • Technology Publications

    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Search Engine Optimization for E-commerce Sites: The Seven Most Common Pitfalls
    Website Magazine
    Business Activity Monitoring: Smart Decisions with Real-time Visibility

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    :: Home: :: Submit Press Release :: Subscribe to News :: Contact Us :: Help

    For unlimited press release distribution for $59 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    GroupWeb.com - a Technology News and Resource of GroupWeb Media LLC