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Riyadh Hospitality Market Outlook to 2023

Growth in MICE Business and Surge in Tourism Supporting Occupancy Rate of Hotel Industry

Region:Saudi Arabia

Product Code:KR825

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Published On

June 2019

Total pages

126

Products

Key Target Audience

  • 5 star, 4 star and 3 Star hoteliers

  • Investors in Hospitality Sector

  • Hospitality Industry Associations

  • Government/Regulatory Authorities

  • Ministry of Tourism

Time Period Captured in the Report:

  • Historical Period: 2013-2018

  • Future Forecast: 2019-2023

Companies

Key Segments Covered:

By Type of Hotels

  • One Star

  • Two Star

  • Three Star

  • Four Star

  • Five Star

Case Studies Covered:

  • Hyatt Palace

  • Double Tree –By Hilton

  • Mira Trio Hotel

  • Carawan Al Fahad Hotel

  • Al Mashreq Boutique Hotel

  • Business Inn Tahlia Hotel

  • Hotel Novotel (Riyadh)

  • Ibis Riyadh (Olaya Street)

  • Holiday Inn (Olaya Riyadh)

Table of Contents

1. Executive Summary

2. Research Methodology

2.1. Market Definitions
2.2. Research Approach
2.3. Limitations

3. Factors Influencing the Hospitality Market in Riyadh, KSA

3.1. Rise in International Arrivals and Domestic tourists
3.2. Dominance of Business Tourism and Events in Riyadh
Business Tourism in Riyadh
Events and Entertainment in THE Riyadh
3.3. Government Initiatives Towards Tourism
3.4. Presence of Branded Hotel Operators
3.5. Increase in Tourist Expenditure
3.6. Tourism Contribution towards GDP of Saudi Arabia
3.7. Other Factors (Economical Factors, Geopolitical Factors, Technological Factors and Cultural Factors)

4. Demand and Supply Analysis for Riyadh Hospitality Sector

4.1. Demand and Supply dynamics
4.2. Hospitality Demand in Riyadh
Current and future Demand for Hotel rooms in Riyadh
Factors affecting demand
Demand and Occupancy Rates
Pricing Preference in Riyadh’s Hospitality Sector
Major Tourist attractions
4.3. Hospitality Supply in Riyadh
Factors Effecting Supply of Hotel rooms in Riyadh
Major Projects in Riyadh
Regions of Major Hospitality Projects
Major Upcoming Projects in Riyadh
4.4. Oversupply Situation in Riyadh Hospitality Market
4.5. Future Market Potential

5. Riyadh Hospitality Market Insight and Performance

6. Key Expected Hospitality Projects in Riyadh

6.1. Major Upcoming Hospitality Projects in Riyadh
6.2. Major Tourist Attractions

7. Key Features and Characteristics of Hotels in Saudi Arabia

8. Average Daily / Monthly / Annual Rental Rates And RevPAR of Hotels in Riyadh

9. Average Daily Occupancy Rates of Hotel in Riyadh

10. Riyadh Hospitality Market Outlook, Opportunities and Future Development Trends

11. Does the Landscape of Hospitality in Saudi Arabia is Forecasted to be Positive and 

Encouraging to Invest in this Sector?
11.1. Investment Potential of Saudi Arabia
11.2. Expected ROI’s for Hotels

12. What Gaps Exist in Riyadh Hospitality Market?

13. Recommendations Regarding Success Factors of Developing Hotels

14. Recommended Branded Operators for Hospitality Sector in Riyadh

15. Recommendation for Construction of 3 Star Hotels in Riyadh

15.1. Facilities to be Adopted in a 3 Star Hotel - 10,000 Sqm and 3 Floors
15.2. Design based Recommendations for a 3 Star Hotel – 10,000 Sqm and 3 Floors
15.3. Room Related Recommendations in a 3 Star Hotel – 10,000 Sqm and 3 Floors

16. Competitive Analysis of Case Studies within Riyadh Hospitality Market

16.1. Cross Comparison within Major Hotels in Riyadh

17. Case Studies of Major Hotels in Riyadh

17.1. Hyatt Group (Hyatt Palace)
17.2. Double Tree –By Hilton
17.3. Mira Trio Hotel
17.4. Carawan Al Fahad Hotel
17.5. Al Mashreq Boutique Hotel
17.6. Business Inn Tahlia Hotel
17.7. Hotel Novotel (Riyadh)
17.8. Ibis Riyadh (Olaya Street)
17.9. Holiday Inn (Olaya Riyadh)

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