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FINANCIAL NEWS
Saudi hospitality sector investments to hit USD8.93 b in 6 years
18 Mar 2014
(MENAFN) Investments in Saudi Arabia”s hospitality sector are expected to reach USD8.93 billion over the coming six years, according to Arab News.
Hotel Show Saudi Arabia will focus on creating a unique platform covering every aspect of hotel investment, supply, management, and other important aspects.
Christine Davidson, event director, said: “Saudi Arabia”s hotel industry is experiencing extraordinary growth, as the country is set to welcome nearly 16 million visitors by the end of the year.”
Davidson added: “With the government unrolling a series of ambitious initiatives to foster further growth in the country”s tourism sector, the outlook for suppliers and service providers is bright. As the only exhibition in the country dedicated to covering every aspect of the hotel industry ” from interior design to facilities management ” the Hotel Show Saudi Arabia is a “must-attend” event for companies to identify opportunities and establish a presence in the country.”
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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