Markets

Today. Global Proptech Summit kicks off with a bang

Reading time: 2 MinutesThe Saudi capital, Riyadh, is hosting the “Global Protech Summit” today, Sunday, organized by the General Authority for Real Estate under the patronage of His Excellency the Minister of Municipalities and Housing, Mr. Majid bin Abdullah Al-Hogail, ... Read more

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.

27/10/2024

«Roshan celebrates Saudi National Day with heritage events and interactive programs

The celebrations at Roshan Waterfront in Riyadh continue until September 24, with heritage shows, family activities and various national experiences.

An investment opportunity has been presented for the establishment of a health resort in Ain Al Hara, Al Ardah Governorate.

The opportunity offered through «Foras» extends for 25 years on an area of 80,511 square meters, and the envelopes will be opened on November 2nd.

Tourism - Taif Tourism

In detail... The tourist guide regulations emphasize the accuracy of information and protecting the Kingdom's reputation.

The regulations define the licensing conditions, categories, and obligations of guides, with controls on prices, privacy, and the prevention of misleading and unlicensed practices.

Private Hospitality Unit Regulations: 1100 Riyals for licensing and controls for marketing and reservations

The regulations define the conditions for licensing and operating private hospitality units, and regulate marketing, reservations, disclosure of capacity and prices.

«Rashad» is leading the transformation of the hospitality and short-term rental real estate sector in Saudi Arabia through an integrated technology platform

A unified platform for managing reservations, operations, payments, and hospitality, supported by strategic partnerships to enhance the efficiency of short-term rentals in the Kingdom.

The Governor of Asir Lays the Cornerstone for the «Westin Abha» Project, Which Will Feature 330 Hotel Rooms, Villas, and Residential Units

The tourism project in Asir covers 153,000 square meters and provides more than 1,000 job and training opportunities.

Mecca

The Hospitality Sector in the Second Quarter of 2026: Mecca Leads the Recovery, While Riyadh Faces Competitive Pressure

A report by JLL tracks the rise of religious cities and the decline of business markets amid expanding hotel supply and shifting demand patterns.

«Al Madina Al Alamiya» in Dammam Aims to Attract 5.2 Million Visitors in Its Second Season

The new expansion plan includes entertainment, cultural, and technology destinations and will create up to 1,900 jobs to support tourism and the economy.

Medina Leads the Kingdom's Cities in Hospitality Facility Occupancy Rates During the First Quarter of 2026

Medina recorded an occupancy rate of 82%, with the number of licensed facilities growing to 661 properties and 80,223 rooms by the end of the first quarter of 2026.

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

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