Market Outlook•
Giga Projects and Mega Events Opportunities in Spotlight: Saudi Hospitality Bet Draws Global Firms
Saudi Arabia currently holds a hotel development portfolio worth more than $110 billion, showcasing vast hospitality opportunities in Saudi’s giga projects and mega-events. The growth is powered by the country’s giga projects and upcoming global events such as Riyadh EXPO 2030 and the FIFA World Cup 2034. Saudi Arabia already leads the Middle East and Africa in hotel construction, accounting for 35.1% of all new hotel rooms in the region – numbers likely to go way up as anticipation for […]
