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47,000 Hotel Rooms in Development in KSA

Saudi Arabia Hotels

According to a new report from Top Hotel Projects a record 47,431 rooms and 124 hotel projects are under development in Saudi Arabia.

The report also shows that the majority of projects are in the final construction and pre-opening stages with 52 projects and almost 20,000 rooms set to open to the public throughout the Kingdom this year alone.

Saudi Arabia is now the second largest hub for hotel construction in the Middle East and Africa, behind only the UAE. It is the leading tourist destination in the region with religious tourism, in particular, growing rapidly.

Saudi Arabia hotels with a 2016 opening date include: The Ritz-Carlton, Jeddah (March); Kempinski Al Othman Hotel in Al Khobar (May); and Nobu Hotel Riyadh, reported to open in June.

Hilton Worldwide has the largest hotel pipeline in Saudi Arabia with 28 properties set to be added to the market in the coming years.

Read the full article here.

The Arpal Group

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