Markets

Dr. Moanes Shujaa as CEO of MARZ Group

Reading time: < 1 Minuteمجموعة MARZ

He will lead the development and governance of the MARZ National Petroleum Industries Group, which owns several factories and is owned by Mohamed Marzouki.

28/05/2024

Mons Sajaa MARZ Collection
Cities of Saudi Arabia

World Travel Council: Saudi Arabia's cities are key players in shaping the future of tourism

Huge investments in airports, hotels and infrastructure support Saudi Arabia's tourism ambitions under Vision 2030

“Municipalities and Housing Updates Requirements for Hospitality Facilities Get to know them

Modernizing the requirements for hospitality facilities to promote tourism investment, quality of services, sustainability, and integration with building systems and the tourism sector.

International Monetary Fund Riyadh office market

IMF praises the significant growth of the tourism sector and its economic role in the Kingdom

The fund pointed to the arrival of 30 mn tourists and spending of SAR 169 bn in 2024 and the role of tourism in mitigating the deficit.

Hussam Saeed Al-Omari - Graduation Projects

A resort in Asir Hospitality facilities and malls with panoramic views of mountains and valleys

Located in Asir's Adada location, it features a luxury hotel, mall, sports facilities, residences, and sustainably designed landscaping.

How does safety in rides and amusement parks build visitor confidence and attract investment?

Enforcing safety standards in theme parks protects visitors, reduces insurance costs and attracts investors.

“Maeen officially launches hospitality service as part of its home packages in Riyadh

A service to book one or two hostesses for 4/6/8 hours per day in specific neighborhoods in Riyadh via a specific application.

Hisham Al Qasem Real Estate Articles - Real Estate Investment - National Day 95 - Housing Projects Don't buy a property without a consultant - The Journey of Home Ownership

Recreational real estate in Saudi Arabia. From luxury to a promising economic engine

The entertainment sector grows 15% in 2024 and forecasts a CAGR of 12% through 2030, with investment opportunities and operational challenges.

Malak Al Saadoun - Rest Houses and Resorts

Poll: Saadon owners: Attractive resorts and lounges combine residential units with children's activities

The brokerage points to high summer demand for family vacations and resorts with tips for maintaining income throughout the year.

With 49.4 billion riyals. Saudi Arabia first globally in international tourism revenue growth in Q1 2025

Travel surplus of SAR 26.8 billion and visitor spending growth of 10% in Q1, supporting Vision 2030 targets

“Statistics”: 63% hotel room occupancy rate in the first quarter of 2025

The average daily rate in hotels fell 3.4% to around 477 riyals, and the total employment in the sector rose 4.1%.

Residential program

Video... An expert explains the criteria for choosing a tourist property

Explaining the requirements and classifications of tourism real estate, taking into account the needs of visitors and investment opportunities within the Saudi Vision 2030

Ministry of Tourism-Housing Rentals

Saudi tourism in 2024. 116 million tourists and spending exceeds 284 billion riyals

The Ministry of Tourism details 2024 measurements in the report: 30 million international visitors (+8%) and 86.2 million domestic tourists.

Abu Dhabi

Luxury brands are redrawing the real estate map in Abu Dhabi

Luxury brand residences in Abu Dhabi are priced lower than Dubai, AED 2500-4000 per meter, and are attracting new investment projects.

Ministry of Tourism-Housing Rentals

Tourism sector continues to grow A rise in the number of workers, occupancy rates and prices

Q4 2024: Tourism jobs are up 4% with varying occupancy rates and fluctuating prices.

Riyadh city

Significant growth in the hospitality sector 362K new hotel rooms and 150 million visitors by 2030

Knight Frank predicts a massive expansion in luxury hotel supply with 150 million visitors targeted and visa facilitation support.

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