{"id":80201,"date":"2025-07-03T09:58:27","date_gmt":"2025-07-03T06:58:27","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=80201"},"modified":"2025-11-25T21:14:18","modified_gmt":"2025-11-25T21:14:18","slug":"%d8%aa%d9%82%d8%b1%d9%8a%d8%b1-%d8%a8%d8%b1%d9%86%d8%a7%d9%85%d8%ac-%d8%a7%d9%84%d9%85%d9%82%d8%b1%d9%91%d8%a7%d8%aa-%d8%a7%d9%84%d8%a5%d9%82%d9%84%d9%8a%d9%85%d9%8a%d8%a9-%d9%8a%d9%82","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/80201\/","title":{"rendered":"Report: \u00abRegional Headquarters\u00bb program boosts demand for offices and hotels in Riyadh"},"content":{"rendered":"<p>The Saudi government's regional headquarters program is boosting demand for office space in the capital, according to the latest report by\u00ab<strong><a href=\"https:\/\/www.knightfrank.com.sa\/blog\/?p=1\">Knight Frank\u00bb<\/a><\/strong>.<\/p>\n<p>The report showed that around 600 global companies have announced their intention to establish their regional offices in Riyadh, prompting a \u00abreshaping\u00bb of the level of services and standards in the Kingdom's main office market.<\/p>\n<h4><span style=\"color: #800000;\"><strong>Significant jumps in rents\u00a0<\/strong><\/span><\/h4>\n<p>Vacancy rates in Riyadh remain at low levels, with <strong><a href=\"https:\/\/amlak.net.sa\/en\/72209\/\">Office rentals<\/a> <\/strong>Class A rents rose 23% y-o-y in Q1 2025 to reach SAR 2,700 per square meter, an all-time high. Class B rents rose by 24 % over the same period, as companies competed for limited space.<\/p>\n<p>The report expects supply to improve over the next two years with the completion of 2.7 million square meters of new office space across the Kingdom, which could partially alleviate price pressures.<\/p>\n<p>In Jeddah, data showed improved occupancy levels and rising rents supported by continued private sector investment, with Class A rents rising by 4 % and Class B rents by 6 % year-on-year.<\/p>\n<h4><span style=\"color: #800000;\"><strong>Mixed performance of the hotel sector<\/strong><\/span><\/h4>\n<p>Riyadh's hospitality sector saw a slowdown in Q1 2025 compared to the strong momentum of previous quarters, but the capital remains an attractive destination for business and leisure travelers. Demand is expected to receive a further boost as the city hosts major events later this year, most notably Cityscape Global, Food Expo and HORECA.<\/p>\n<p>Riyadh currently stands at 24.74k hotel rooms, with plans to add 3,510 rooms by the end of 2025, reaching a projected 30.3k rooms in 2027. There is a clear focus on luxury hotels, with the category accounting for 1.74TP3T of existing rooms.<\/p>\n<p>In terms of performance, Riyadh's average daily room rate (ADR) declined to SAR 890 (-8 %) and revenue per available room (RevPAR) fell to SAR 537 (-17 %) with an occupancy rate of around 60 %. In contrast, Makkah and Madinah indices jumped thanks to a revival in religious tourism, with occupancy exceeding 78 % and 81 %, respectively.<\/p>\n<p>Knight Frank suggests that the upward trajectory of office demand in Riyadh will continue in the medium term, supported by government initiatives to transform the capital into a regional business hub, while the hotel sector is expected to regain momentum as major international events approach and luxury supply continues to expand.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> 2<\/span> <span class=\"rt-label rt-postfix\">Minutes<\/span><\/span>The Saudi government's regional headquarters program is boosting demand for office space in the capital, according to Knight Frank's latest report. The report shows that around 600 global companies have announced their intention to set up regional offices in Riyadh, prompting a \u00abreshaping\u00bb of the level of services and standards in the kingdom's main office market. Significant jumps in rents are still ... <a title=\"Report: \u00abRegional Headquarters\u00bb program boosts demand for offices and hotels in Riyadh\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/80201\/\" aria-label=\"Read more about \u062a\u0642\u0631\u064a\u0631: \u0628\u0631\u0646\u0627\u0645\u062c \u00ab\u0627\u0644\u0645\u0642\u0631\u0651\u0627\u062a \u0627\u0644\u0625\u0642\u0644\u064a\u0645\u064a\u0629\u00bb \u064a\u0642\u0642\u0632 \u0628\u0627\u0644\u0637\u0644\u0628 \u0639\u0644\u0649 \u0627\u0644\u0645\u0643\u0627\u062a\u0628 \u0648\u0627\u0644\u0641\u0646\u0627\u062f\u0642 \u0641\u064a \u0627\u0644\u0631\u064a\u0627\u0636\">Read more<\/a><\/p>","protected":false},"author":27,"featured_media":65896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[97],"tags":[],"class_list":["post-80201","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-office-commercial"],"acf":{"amlak_post_excerpt":"\u0646\u0627\u064a\u062a \u0641\u0631\u0627\u0646\u0643: \u0646\u062d\u0648 600 \u0634\u0631\u0643\u0629 \u062f\u0648\u0644\u064a\u0629 \u062a\u062e\u0637\u0637 \u0645\u0643\u0627\u062a\u0628 \u0625\u0642\u0644\u064a\u0645\u064a\u0629 \u0628\u0627\u0644\u0631\u064a\u0627\u0636 \u0648\u0625\u064a\u062c\u0627\u0631\u0627\u062a \u0627\u0644\u0645\u0643\u0627\u062a\u0628 \u062a\u0631\u062a\u0641\u0639 \u062d\u062a\u0649 23%.","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":"\u0646\u0627\u064a\u062a \u0641\u0631\u0627\u0646\u0643: \u0646\u062d\u0648 600 \u0634\u0631\u0643\u0629 \u062f\u0648\u0644\u064a\u0629 \u062a\u062e\u0637\u0637 \u0645\u0643\u0627\u062a\u0628 \u0625\u0642\u0644\u064a\u0645\u064a\u0629 \u0628\u0627\u0644\u0631\u064a\u0627\u0636 \u0648\u0625\u064a\u062c\u0627\u0631\u0627\u062a \u0627\u0644\u0645\u0643\u0627\u062a\u0628 \u062a\u0631\u062a\u0641\u0639 \u062d\u062a\u0649 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