Markets

Wafi approves the marketing of four projects in Dubai

Reading time: 2 MinutesThe Off-Plan Sales and Leasing Committee “Wafi” has issued four licenses to market off-plan properties in real estate development projects in the city of Dubai, United Arab Emirates, in order to... Read more

26/07/2017

Record Figures for the Hospitality Sector: Strong Growth in Visitor Numbers, Occupancy Rates, and Hotel Expansion

Saudi Arabia is strengthening its position as a tourist destination with 281,000 hotel rooms projected by 2030, along with strong growth in spending, occupancy rates, and visitor numbers

«Our Cities Cheer on Our National Team» Prepares Cities and Provinces to Welcome Fans to Watch the Match Between «The Green» and Spain

Public squares, parks, and facilities in various Saudi cities are being equipped with screens and comprehensive services to enable fans to cheer on the Saudi national team against Spain

Saudi Tourism Continues to Grow... 123 Million Tourists and 304 Billion Riyals in Spending by 2025

In 2025, the Kingdom’s tourism sector set new records in terms of visitor numbers and spending.

Variations in Accommodation Prices in the Kingdom: Monthly Increase for Hotels and Stability for Furnished Apartments in May

Statistics show a modest monthly increase in hotel prices in the Kingdom, compared with a notable year-over-year decline for hotels and furnished apartments

Our Cities Are Getting Ready... A Special Initiative by the Municipalities and Housing Authority for the 2026 World Cup

The Ministry of Municipalities and Housing and regional secretariats have prepared for the start of the 2026 World Cup by setting up a number of venues to screen matches and host fans.

Saudi tourism hits record highs as visitors, spending and investment grow

Saudi Arabia's tourism sector achieves record jumps in visitor numbers and spending, supported by Vision 2030 and the expansion of investments and infrastructure

Saudi Arabia's tourism sector continues to grow High hotel occupancy and employment exceeds one million workers

Hotels in the Kingdom recorded a rise in the occupancy rate to reach around 57.3% during Q4 2025.

Luxury and hotel real estate in Saudi Arabia A promising market targeting $3.4 billion in foreign investment

Knight Frank report reveals an influx of USD 3.4 bn in foreign investment in luxury and hospitality real estate, driven by strong demand for branded homes.

Medina-Manoura

Approval of a hotel project in Al Jisha neighborhood in Medina to boost tourism investment

A new hotel project in Al Jisha neighborhood on King Abdullah Road to support tourism, stimulate investment, and align with the goals of Vision 2030.

Hotel project launched in Najran to support tourism and economic movement

The new project provides integrated hotel facilities and job opportunities, and enhances Najran's readiness to receive visitors and organize tourism and economic events.

Foundation Day. How did the regional secretariats celebrate the national anniversary?

National events taking place across the Kingdom, celebrating the history of the founding and promoting belonging and urban quality at dozens of public sites

Riyadh - Real Estate Market

Huge hotel and real estate investments launched in Makkah and Riyadh

Major projects worth billions of riyals draw developmental dimensions in the endowment and investment sectors in Makkah and Riyadh

Riyadh city

Report: Saudi Arabia's hotel industry is set to boom as luxury supply expands

The report finds a jump in the number of luxury hotel rooms in Saudi Arabia driven by major projects and rising tourism and investment demand.

Saudi Media Forum 2026. A pioneering platform that embodies the Kingdom's media and cultural leadership

The forum brings together global media leaders to discuss digital transformation, artificial intelligence and the role of media in Saudi Arabia's Vision 2030.

Medina Municipality headquarters - an investment opportunity

Medina Municipality approves hotel and commercial projects to promote tourism and stimulate investment

New hotel and commercial projects in Madinah to boost tourism, develop the commercial sector and create an attractive investment environment in the region

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