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06-04-14

Saudi hospitality market to grow 4 percent by 2019

(MENAFN) Saudi hospitality market is predicted to grow 4 percent in volume over the following five years to reach USD93 billion, according to Arab News. TopHotel Projects Euromonitor International assigned by Saudi Hotel Show14 says that the kingdom's hotel construction will grow 24 percent by 2017. A number of firms plan to improve their services and are currently seeking a platform to reach the latest available products. Head of Events at Saudi Hotel Show14 Christine Davidson said hospitality sector in the Kingdom enjoyed enormous potentials for growth at the moment and foreseeable future.