Arabian Hotel Investment Conference

09 – 11 April 2019 | AHIC Village, Ras Al Khaimah, United Arab Emirates

Content Library

Visas, F&B, services propel Saudi hotel expansion

Posted on April 26, 2018

Big change is coming to hotels in the two Holy Cities of Saudi Arabia, Makkah and Medina—including F&B, visas, pilgrim distribution channels and higher quality—but Western firms will remain largely bystanders at least in the short term. Saudi Arabia’s Holy Cities of Makkah and Medina are experiencing huge growth and expanding their offerings, but do not expect the door to open wide in regards to foreign direct investment, at least in the short term, sources said. Speaking during a session at the Arabian Hotel Investment Conference titled “Holy Cities,” panelists said both pilgrims and other guests are having their distinct needs catered to directly by hotels and new developments. ...

Read more →