• SAUDI ARABIA
The next hotel cycle Hotel demand is expanding, investment is returning and development pipelines are at record levels. The Middle East stands out with some of the world’s strongest room rates, unprecedented construction activity and a widening mix of luxury, lifestyle, residential and mid- market brands. Saudi Arabia leads that growth, creating a hotel market capable of serving 150 million visitors a year by 2030.
38 | SPOTLIGHT RIYADH
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