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Hotels & Motels in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Speak directly to the analyst to clarify any post sales queries you may have.
Key Highlights
- The hotels & motels industry consists of establishments that provide paid lodging and full guest services, typically with a continuous staff presence. In the case of motels, this includes off-street parking facilities, but not necessarily meal services. The industry is detailed in both value and volume terms.
- The Saudi Arabian hotels and motels industry had total revenues of $2.0bn in 2020, representing a compound annual rate of change (CARC) of -19.2% between 2016 and 2020.
- The number of establishments increased with a compound annual growth rate (CAGR) of 9.1% between 2016 and 2020, to reach a total of 2,588.0 in 2020.
- In recent years, Saudi Arabia has started to promote its tourism sector as the country initiates the diversification of its oil-based economy in line with the national ‘Vision 2030’ campaign.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Saudi Arabia
- Leading company profiles reveal details of key hotels & motels market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia hotels & motels market with five year forecasts
Reasons to Buy
- What was the size of the Saudi Arabia hotels & motels market by value in 2020?
- What will be the size of the Saudi Arabia hotels & motels market in 2025?
- What factors are affecting the strength of competition in the Saudi Arabia hotels & motels market?
- How has the market performed over the last five years?
- What are the main segments that make up Saudi Arabia's hotels & motels market?
Frequently Asked Questions about the Saudi Arabian Hotels and Motels Market
What is the estimated value of the Saudi Arabian Hotels and Motels Market?
What is the growth rate of the Saudi Arabian Hotels and Motels Market?
What is the forecasted size of the Saudi Arabian Hotels and Motels Market?
Who are the key companies in the Saudi Arabian Hotels and Motels Market?
Report Attribute | Details |
---|---|
No. of Pages | 46 |
Published | October 2021 |
Forecast Period | 2020 - 2025 |
Estimated Market Value ( USD
| USD 2.03 Billion |
Forecasted Market Value ( USD
| USD 8.85 Billion |
Compound Annual Growth Rate | 34.2% |
Regions Covered | Saudi Arabia |
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- InterContinental Hotels Group Plc
- Radisson Hotel Group
- Marriott International Inc