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Hotel occupancy at 55.4% in 2Q with longer stays -Gastat
The average length of stay for hotel guests averaged 5.2 nights
PIF launches hospitality management firm dubbed Adeera
Adeera will develop and operate local hospitality brands that will complement international labels present in the Saudi market
PIF secures USD 10 bn from Bpifrance Assurance Export
PLUS: Saudi Arabia’s first seven-star hotel opens in AlUla
Alesayi Holding unveils SAR 2 bn Abraj Omar Hotel
The hotel is expected to be up and running by 2028
A new Rixos branded SAR 1.4 bn resort in the Eastern Province
Malath Cooperative Ins. and Liva Ins. inch closer to a merger
Cityscape Global closes out with SAR 230 bn in real estate agreements
Real Estate Development Fund provided SAR 1 bn in housing finance to Sakani beneficiaries
Saudi’s tourism transformation in the spotlight
Saudi’s hotel pipeline is among the largest in the world, Bloomberg says
Jaras Hospitality closes SAR 2.5 mn pre-seed funding round
The capital is earmarked for improving the company’s product-market fit + expanding the customer base
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