Summary
Hotels & Motels in Saudi Arabia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The hotels & motels industry consists of establishments that provide paid lodging and full guest services, typically with a continuous staff presence. In the case of motels, this includes off-street parking facilities, but not necessarily meal services. The industry is detailed in both value and volume terms.
- The Saudi Arabian hotels & motels industry had total revenues of $8.2 billion in 2022, representing a compound annual growth rate (CAGR) of 8.2% between 2017 and 2022.
- Industry consumption volume increased with a CAGR of 3.4% between 2017 and 2022, to reach a total of 2,660.0 establishments in 2022.
- According to in-house research, in 2022, the Saudi Arabian hotels and motels industry witnessed an annual growth of 67.7% due to the increase in the number of tourists which boosted the room occupancy rate. According to in-house research, in 2022, the room occupancy rate in Saudi Arabia reached 74.5%, up from 52.6% in 2021.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the hotels & motels market in Saudi Arabia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the hotels & motels market in Saudi Arabia
- Leading company profiles reveal details of key hotels & motels market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Saudi Arabia hotels & motels market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Saudi Arabia hotels & motels market by value in 2022?
- What will be the size of the Saudi Arabia hotels & motels market in 2027?
- What factors are affecting the strength of competition in the Saudi Arabia hotels & motels market?
- How has the market performed over the last five years?
- Who are the top competitors in Saudi Arabia's hotels & motels market?
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Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market rivalry
1.8. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of leading players?
7.4. What were the most recent market developments?
7.5. Are there any threats to the leading players?
8 Company Profiles
8.1. Accor SA
8.2. InterContinental Hotels Group Plc
8.3. Marriott International Inc
8.4. Radisson Hotel Group
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. About MarketLine
List of Tables
Table 1: Saudi Arabia hotels & motels industry value: $ million, 2017–22
Table 2: Saudi Arabia hotels & motels industry volume: Number of Establishments, 2017–22
Table 3: Saudi Arabia hotels & motels industry category segmentation: % share, by value, 2017–2022
Table 4: Saudi Arabia hotels & motels industry category segmentation: $ million, 2017-2022
Table 5: Saudi Arabia hotels & motels industry geography segmentation: $ million, 2022
Table 6: Saudi Arabia hotels & motels industry value forecast: $ million, 2022–27
Table 7: Saudi Arabia hotels & motels industry volume forecast: Number of Establishments, 2022–27
Table 8: Accor SA: key facts
Table 9: Accor SA: Annual Financial Ratios
Table 10: Accor SA: Key Employees
Table 11: Accor SA: Key Employees Continued
Table 12: InterContinental Hotels Group Plc: key facts
Table 13: InterContinental Hotels Group Plc: Annual Financial Ratios
Table 14: InterContinental Hotels Group Plc: Key Employees
Table 15: InterContinental Hotels Group Plc: Key Employees Continued
Table 16: InterContinental Hotels Group Plc: Key Employees Continued
Table 17: Marriott International Inc: key facts
Table 18: Marriott International Inc: Annual Financial Ratios
Table 19: Marriott International Inc: Key Employees
Table 20: Marriott International Inc: Key Employees Continued
Table 21: Marriott International Inc: Key Employees Continued
Table 22: Radisson Hotel Group: key facts
Table 23: Radisson Hotel Group: Key Employees
Table 24: Radisson Hotel Group: Key Employees Continued
Table 25: Saudi Arabia size of population (million), 2018–22
Table 26: Saudi Arabia gdp (constant 2005 prices, $ billion), 2018–22
Table 27: Saudi Arabia gdp (current prices, $ billion), 2018–22
Table 28: Saudi Arabia inflation, 2018–22
Table 29: Saudi Arabia consumer price index (absolute), 2018–22
Table 30: Saudi Arabia exchange rate, 2018–22
List of Figures
Figure 1: Saudi Arabia hotels & motels industry value: $ million, 2017–22
Figure 2: Saudi Arabia hotels & motels industry volume: Number of Establishments, 2017–22
Figure 3: Saudi Arabia hotels & motels industry category segmentation: $ million, 2017-2022
Figure 4: Saudi Arabia hotels & motels industry geography segmentation: % share, by value, 2022
Figure 5: Saudi Arabia hotels & motels industry value forecast: $ million, 2022–27
Figure 6: Saudi Arabia hotels & motels industry volume forecast: Number of Establishments, 2022–27
Figure 7: Forces driving competition in the hotels & motels industry in Saudi Arabia, 2022
Figure 8: Drivers of buyer power in the hotels & motels industry in Saudi Arabia, 2022
Figure 9: Drivers of supplier power in the hotels & motels industry in Saudi Arabia, 2022
Figure 10: Factors influencing the likelihood of new entrants in the hotels & motels industry in Saudi Arabia, 2022
Figure 11: Factors influencing the threat of substitutes in the hotels & motels industry in Saudi Arabia, 2022
Figure 12: Drivers of degree of rivalry in the hotels & motels industry in Saudi Arabia, 2022
