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Real estate developers in Saudi Arabia are set to benefit from strong demand for properties, underpinned by the population growth and home-ownership targets under the government's Vision 2030 programme, according to a report by S&P Global Ratings.
Accor is proud to have participated to the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom’s leading industry experts. From 2022 to 2032, the growth rate in the GCC’s tourism sector is projected to be 13.6% with a potential market value of 65.5 billion USD. Accor, firmly rooted in the Middle East, responds to the dynamic shifts in travel preferences and consumer needs, seamlessly adapting to expectations in this thriving market, such as sustainable travel, family-friendly all-inclusive experiences, bleisure, staycations. With a focus on Sa...
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Article - Accor Provides Update on Expansion in Saudi Arabia, the UAE and Qatar - Accor participated in the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom's leading industry experts. From 2022 to 2032, the growth rate in the GCC's tourism sector is projected to be 13.6% with a potential market value of 65.5 billion USD.
The group is set to maintain and build on its leading position in The Kingdom, boasting over 25,000 rooms open and in the pipeline across a diverse range of brands from economy to lifestyle and luxury, including branded residences, the portfolio will be further enriched with the growth of its existing brands and the debut of new brands such as TRIBE ans Handwritten Collection.