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Riyadh Luxurious Resorts Market Research Report Kevin Shattenkirk Rangers Jersey , Riyadh Hospitality Market Research Report, Travel and Tourism Industry, Resort Supply Riyadh : Ken Research
by ken001 · December 5 Chris Kreider Rangers Jersey , 2018


Research Analysts at Ken Research in their latest publication 鈥?u>Potential Investment Opportunities in the Riyadh Luxurious Resorts鈥?believe that introducing facilities such as outdoor cinemas, mobile applications for guests鈥?guide to book services, provide feedback and seek virtual tour Vladislav Namestnikov Rangers Jersey , complimentary luxury car service within resort to explore, private recording studio, mini golf course in resorts Marc Staal Rangers Jersey , horse riding, water park, kid鈥檚 clubs and revitalizing resort entertainment will contribute to a rise in tourist influx within luxurious resorts within Riyadh.

In the near future Kevin Hayes Rangers Jersey , Saudi Arabia鈥檚 travel and tourism鈥檚 contribution to GDP is further anticipated to grow at a healthy average ranging between 6-7% per year over the next decade. The supply composition of hospitality market within Riyadh city will be highly imbalanced in terms of five star and four star hotel supply as the city is expected to see rising number of mid-market hotel brands. High outflow of foreign expats could create a negative impact on the country鈥檚 overall hospitality and tourism industry, especially over Riyadh in the near future as the capital city has majority of the hotel population.

Riyadh hospitality market has been undergoing a transition with austerity measures in KSA, plunge in crude oil prices and rise in Iqama fees and introduction of dependent fees due to Saudization.


Riyadh hospitality market is expected to showcase high growth on account of massive increase of mid-market hotel brands. Whereas on the other hand Mika Zibanejad Rangers Jersey , five star and four star hotels along with luxurious resorts are anticipated to display slow growth in the near future owing to higher penetration of consumers that prefer mid-range hotels over premium class resorts. Continued new supply of hotelresort rooms and the market鈥檚 heavy reliance on business travel associates will also contribute to the KSA hospitality industry market performance in the near future.


Major upcoming developments such as KAFD (King Abdullah Financial District) and Entertainment City are also predicted to bring in multiple tourists attractions in the near future. In addition to that, economic diversification away from the oil and gas sector under KSA Vision 2030 is further expected to result in growth of all economic sectors, which could aid in generating more hotel demand over the long term.


Riyadh was also observed with beautiful wedding venues that seem to be a perfect fit for royal and destination weddings. Some of these popular resorts and hotels include Al Faisaliah Hotel Mats Zuccarello Rangers Jersey , The Ritz-Carlton Riyadh, Nayyara Banqueting and Conferences Centre, The Four Seasons Hotel Riyadh and others. Amenities provided within major wedding venues include lavish ballrooms Henrik Lundqvist Rangers Jersey , bridal suites, personalized wedding planner, decorator and catering services Pavel Buchnevich Youth Jersey , proper guest accommodation and others which make a resort idealappropriate for marriage and other big events parties.


Implementation of Saudization policy will limit the potential of foreign firms to expand as well as invest within Saudi Arabia because it has been mandatory to apply the Saudization system before expansion. As a result, it could restrict the influx of big international hotel brands, thereby creating a negative impact on the country鈥檚 hospitality and tourism industry.


Key Segments Covered:


By Type of Rented Units

First Class Second Class Third Class Four Class

By Type of Hotels

One Star Two Star Three Star Four Star Five Star

Key Target Audience

5 star and 4 star hoteliers Investors in Hospitality Sector Hospitality Industry Associations GovernmentRegulatory Authorities Ministry of Tourism



Time Period Captured in the Report:

Historical Period: 2012-2017 Muharram (22 Sep 鈥?21 Oct 2017) Safar (22 Oct 鈥?21 Nov 2017) Rabi’ I (22 Nov 鈥?21 Dec 2017) Rabi’ II (22 Dec 2017 鈥?21 Jan 2018) Jumada’ I (22 Jan 鈥?21 Feb 2018) Jumada’ II (22 Feb 鈥?21 Mar 2018) Rajab (22 Mar 鈥?21 Apr 2018) Sha’ban (22 Apr 鈥?21 May 2018) Ramadan (22 May 鈥?21 June 2018) Shawwal (22 Jun 鈥?21 July 2018) Dhul-Qadah (22 Jul 鈥?21 August 2018) Dhul-Hijjah (22 Aug 鈥?21 Sep 2018) Future Forecast: 2023

Case Studies Covered:

Vivienda Resort (Granada Branch) NOFA Resort (Radisson Collection) Al Faisaliah Resort and Spa Rest Resort Davli Resort Braira Resort (Hitin Branch)

Key Topics Covered in the Report

Executive Summary Research Methodology Riyadh Hospitality Market Overview Factors Influencing the Hospitality Market in Riyadh Region Current and Future Demand and Supply Brady Skjei Youth Jersey , 2018 and 2023 Market Insight and Performance Average DailyMonthlyAnnual Rental Rates of Luxurious Resorts in Riyadh Average Daily Occupancy Rates of Resorts in Riyadh Riyadh Hospitality Market Future Outlook, Opportunities and Development Trends Key Expected Upcoming Luxury Resort Projects in Riyadh Does the Landscape of Hospitality in Saudi Arabia is forecasted to be Positive and encouraging to invest in this Sector? Recommendations Regarding Success Factors of Developing Luxurious Resorts Key Features and Characteristics of Luxurious Resorts in Saudi Arabia Recommended Branded Operators for Luxurious Resorts Targeted Customers of Luxurious Resorts Potential Demand on Long-term Lease and Annual Subscription Resorts in Riyadh Recommendation for Type of Facilities to be Developed within Luxurious Resorts Competitive Analysis of Major Luxurious Resorts in Riyadh

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