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FINANCIAL NEWS
Makkah hotel industry posts steady growth
10 Mar 2014
(MENAFN) The city of Makkah is confident that it will continue to enjoy steady business growth, pushed by the positive presence of convenient room occupancy rates, Saudi Gazette reported.
The city is witnessing the launch of even more hotels, increasing hotel rooms to keep up with the demand for pilgrims coming for their Haj and Umrah.
The Elaf Group of Companies has leased a new hotel in the city and it is expected to open soon and to enjoy healthy occupancy during the Haj and Umrah seasons.
CEO of Elaf Group said: “the city of Makkah continues to enjoy business stability, further reinforced by the vibrant religious tourism segment as more and more tourists come for their annual Haj and Umrah pilgrimage.”
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