What is the current Hospitality Industry In The Kingdom Of Saudi Arabia Market size?

In 2024, the Hospitality Industry In The Kingdom Of Saudi Arabia Market size is expected to reach USD 13.23 billion. Read More

What years does this Hospitality Industry In The Kingdom Of Saudi Arabia Market cover, and what was the market size in 2023?

In 2023, the Hospitality Industry In The Kingdom Of Saudi Arabia Market size was estimated at USD 12.56 billion. The report covers the Hospitality Industry In The Kingdom Of Saudi Arabia Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Hospitality Industry In The Kingdom Of Saudi Arabia Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What initiatives are driving the transformation of Saudi Arabia's Hospitality Market?

The transformation of Saudi Arabia's Hospitality Market is being driven by initiatives such as the Red Sea Project and Qiddiya entertainment park. These strategic endeavors are aimed at diversifying tourism offerings and attracting both leisure and business travelers to the region. Read More

Hospitality Industry In The Kingdom Of Saudi ArabiaCompanies

Q: How big is the Hospitality Industry In The Kingdom Of Saudi Arabia Market?

The Hospitality Industry In The Kingdom Of Saudi Arabia Market size is expected to reach USD 13.23 billion in 2024 and grow at a CAGR of 5.03% to reach USD 16.91 billion by 2029. Read More

Hospitality Industry In The Kingdom Of Saudi ArabiaCompanies (2024 - 2029)

Several prominent companies in the hospitality industry have been making significant strides in their respective markets. These firms, which include a mix of hotel and resort groups, have been focusing on expanding their footprint, enhancing their service offerings, and improving their operational efficiencies. Despite the challenges posed by the current market conditions, these corporations have shown resilience and adaptability, setting the stage for continued growth and success in the future.

Top Companies in Hospitality Industry In The Kingdom Of Saudi Arabia

This report lists the top Hospitality Industry In The Kingdom Of Saudi Arabia companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Hospitality Industry In The Kingdom Of Saudi Arabia industry.

Al Hokair Group
Dur Hospitality Company
Al Tayer Group
InterContinental Hotels Group
Accor S.A.

*Disclaimer: Top companies sorted in no particular order

Hospitality Industry In The Kingdom Of Saudi Arabia Major Players

Hospitality Industry In The Kingdom Of Saudi ArabiaMarket Concentration

Hospitality Industry In The Kingdom Of Saudi ArabiaCompany List

Al Hokair Group
Dur Hospitality Company
Al Tayer Group
InterContinental Hotels Group
Accor S.A.
Marriott International Inc
Hilton Hotels & Resorts
Millennium Hotels and Resorts
Cristal Group*

Specific to Hospitality Industry In The Kingdom Of Saudi Arabia Market

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Competitive Landscape Report Includes

Company Profiles (includes Global Level Overview, Market Level Overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and Analysis of Recent Developments). Key Strategic Moves, Market Share Analysis, Company Landscape, and List of Companies.

Hospitality Industry In The Kingdom Of Saudi Arabia Companies Summary

The hospitality industry in Saudi Arabia has seen significant growth due to increased religious and leisure travel to the kingdom, resulting in a surge of new hotels in key cities. Major projects launched by the nation's Public Investment Fund are aimed at enhancing investment opportunities and fulfilling the kingdom's Vision 2030. Top international brands have expanded their presence in the market, opening numerous new hotels either directly or through strategic partnerships with leading domestic hospitality groups. The Saudi Arabian hospitality market is a mix of international brands, chain hotels, and domestic hotel chains. Many renowned international brands have entered strategic partnership programs with leading hospitality firms originating in the Middle East, operating under their brand name under the management contracts of reputable organizations. This market presents significant growth opportunities, attracting many new investors to the industry.

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Hospitality Industry In The Kingdom Of Saudi Arabia Companies - Table of Contents

1. COMPETITIVE LANDSCAPE
1. 1.1 Market Concentration Overview
2. 1.2 Company Profiles
  1. 1.2.1 Al Hokair Group
  2. 1.2.2 Dur Hospitality Company
  3. 1.2.3 Al Tayer Group
  4. 1.2.4 InterContinental Hotels Group
  5. 1.2.5 Accor S.A.
  6. 1.2.6 Marriott International Inc
  7. 1.2.7 Hilton Hotels & Resorts
  8. 1.2.8 Millennium Hotels and Resorts
  9. 1.2.9 Cristal Group*
3. *List Not Exhaustive

Hospitality Industry In The Kingdom Of Saudi Arabia Companies FAQs

Who are the key players in Hospitality Industry In The Kingdom Of Saudi Arabia Market?

Al Hokair Group, Dur Hospitality Company, Al Tayer Group, InterContinental Hotels Group and Accor S.A. are the major companies operating in the Hospitality Industry In The Kingdom Of Saudi Arabia Market.