Hotels and Motels in Saudi Arabia - Market Summary, Competitive Analysis and Forecast to 2025

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.

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?

The Saudi Arabian Hotels and Motels Market was estimated to be valued at $2.03 Billion in 2020.

What is the growth rate of the Saudi Arabian Hotels and Motels Market?

The growth rate of the Saudi Arabian Hotels and Motels Market is 34.2%, with an estimated value of $8.85 Billion by 2025.

What is the forecasted size of the Saudi Arabian Hotels and Motels Market?

The Saudi Arabian Hotels and Motels Market is estimated to be worth $8.85 Billion by 2025.

Who are the key companies in the Saudi Arabian Hotels and Motels Market?

Key companies in the Saudi Arabian Hotels and Motels Market include InterContinental Hotels Group Plc and Marriott International Inc.

Report Attribute	Details
No. of Pages	46
Published	October 2021
Forecast Period	2020 - 2025
Estimated Market Value ( USD ) in 2020	USD 2.03 Billion
Forecasted Market Value ( USD ) by 2025	USD 8.85 Billion
Compound Annual Growth Rate	34.2%
Regions Covered	Saudi Arabia

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive Landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Category segmentation
4.2. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What strategies do the leading players follow? (continued)
7.4. How has the COVID-19 pandemic impacted leading players?

8 Company Profiles

8.1. InterContinental Hotels Group Plc
8.2. Radisson Hotel Group
8.3. Marriott International Inc

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. About the Author

List of Tables

Table 1: Saudi Arabia hotels & motels industry value: $ million, 2016-20
Table 2: Saudi Arabia hotels & motels industry volume: number of establishments, 2016-20
Table 3: Saudi Arabia hotels & motels industry category segmentation: $ million, 2020
Table 4: Saudi Arabia hotels & motels industry geography segmentation: $ million, 2020
Table 5: Saudi Arabia hotels & motels industry value forecast: $ million, 2020-25
Table 6: Saudi Arabia hotels & motels industry volume forecast: number of establishments, 2020-25
Table 7: InterContinental Hotels Group Plc: key facts
Table 8: InterContinental Hotels Group Plc: Annual Financial Ratios
Table 9: InterContinental Hotels Group Plc: Annual Financial Ratios (Continued)
Table 10: InterContinental Hotels Group Plc: Key Employees
Table 11: InterContinental Hotels Group Plc: Key Employees Continued
Table 12: CRG Holdings, LLC : key facts
Table 13: Radisson Hotel Group: key facts
Table 14: Radisson Hotel Group: Key Employees
Table 15: Radisson Hotel Group: Key Employees Continued
Table 16: Marriott International Inc: key facts
Table 17: Marriott International Inc: Annual Financial Ratios
Table 18: Marriott International Inc: Key Employees
Table 19: Marriott International Inc: Key Employees Continued
Table 20: Marriott International Inc: Key Employees Continued
Table 21: Saudi Arabia size of population (million), 2016-20
Table 22: Saudi Arabia gdp (constant 2005 prices, $ billion), 2016-20
Table 23: Saudi Arabia gdp (current prices, $ billion), 2016-20
Table 24: Saudi Arabia inflation, 2016-20
Table 25: Saudi Arabia consumer price index (absolute), 2016-20
Table 26: Saudi Arabia exchange rate, 2016-20

List of Figures

Figure 1: Saudi Arabia hotels & motels industry value: $ million, 2016-20
Figure 2: Saudi Arabia hotels & motels industry volume: number of establishments, 2016-20
Figure 3: Saudi Arabia hotels & motels industry category segmentation: % share, by value, 2020
Figure 4: Saudi Arabia hotels & motels industry geography segmentation: % share, by value, 2020
Figure 5: Saudi Arabia hotels & motels industry value forecast: $ million, 2020-25
Figure 6: Saudi Arabia hotels & motels industry volume forecast: number of establishments, 2020-25
Figure 7: Forces driving competition in the hotels & motels industry in Saudi Arabia, 2020
Figure 8: Drivers of buyer power in the hotels & motels industry in Saudi Arabia, 2020
Figure 9: Drivers of supplier power in the hotels & motels industry in Saudi Arabia, 2020
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Saudi Arabia, 2020
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Saudi Arabia, 2020
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Saudi Arabia, 2020