Markets

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

Reading time: 2 MinutesSaudi Arabia's tourism sector has been growing steadily in recent years, supported by the development of infrastructure, the expansion of hotel facilities and the rise in tourist demand. Read more

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

14/04/2026

Ministry of Municipalities and Housing issues updated guide for recreational facilities

The guide applies to all entertainment facilities, except for movie theaters, to promote investment, safety, and compliance with the Saudi Building Code.

Ministry of Tourism-Housing Rentals

Ministry of Tourism to conduct 10,000 tours of hospitality facilities and tourism activities during the third quarter of 2024

Tours recorded 7,521 violations and handled 11,494 complaints, with Makkah having the highest number of visits with more than 3,600

Residential program

Minister of Municipalities and Housing receives SIF badge

Recognizing the Ministry's role in developing an attractive infrastructure for sports investments and supporting the Kingdom's Vision 2030

Bandar Al-Hamid - Leisure & Tourism

The impact of the leisure and tourism sectors on the real estate market

Major tourism and entertainment projects are boosting demand for accommodation and services and driving the growth of the Saudi real estate market.

More than 1000 participants at the International Exhibition and Conference Summit in Riyadh

The General Authority for Exhibitions and Conferences announced the signing of 19 agreements, the opening of the offices of 10 international companies and the launch of 12 new events

Public Investment Fund

Public Investment Fund launches Adira to develop new premium Saudi hospitality brands

An IFAD-owned hotel management company that aims to develop Saudi hospitality brands, train national talent, and support the 2030 Tourism Vision.

Saleh Abdulaziz Al Rajhi signs agreement with Accor International to manage and operate Novotel Riyadh

The four-star hotel in the Roses neighborhood includes 225 units and suites with restaurants and event halls as part of an investment expansion plan

Residential program

“Riyadh Season and Good Housing sign cooperation agreement

An agreement to provide housing units for 600 grooms and brides from the mass marriage initiative in the Riyadh season through the Joud Housing platform.

“Black Hat continues for second day with more than 300 international speakers and 450 exhibitors

The third edition in Riyadh features more than 300 speakers and 450 exhibitors and runs through November 28.

An investment opportunity to build, operate and maintain the Montenegro Resort and Spa

Jazan Municipality announced a competition for the establishment, operation and maintenance of the Black Mountain Resort and View in Al-Raith (5000 m²) with a contract of 25 years, submission until 8/1/2025.

“Black Hat” returns for its third edition in Malham, with prizes exceeding two million riyals for contestants and visitors

Organized by the Saudi Federation and Tahaluf in partnership with Informa, with more than 300 speakers and 450 exhibitors.

Opening of the Diriyah Hotel

In pictures... Bab Samhan Hotel inaugurated as part of the second edition of Bashayer Al Diriyah

In the presence of Diriyah Governor Prince Fahad bin Saad, The Luxury Collection inaugurated the first hotels of the 40-hotel development plan.

President of Tatweer Al Balad: Targeting 1800 hotel rooms in historic Jeddah

The company is also planning more than 9,000 residential units and 1 million square meters of retail and office space in historic Jeddah.

Part of the meeting

Tourism Development Fund launches “Tourism Empowerment” programs to promote sustainable growth of enterprises

It offers joint and individual financing solutions for small tourism projects through banks, finance and fintech companies with a repayment period of up to 60 months.

Today. Global Proptech Summit kicks off with a bang

Under the patronage of the Minister of Municipalities and Housing and in partnership with the National Housing Company, more than 100 speakers from 80 countries are participating.

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