RIYADH: By all accounts, it is a boom time for the hospitality industry in Saudi Arabia. The latest data from hotel industry monitoring firm STR shows the Kingdom leads the Middle East and Africa’s hotel building activity, with 42,033 hotel rooms under construction as of March, accounting for 35.1 percent of the 119,505 being built in the region. That places Saudi Arabia only
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RIYADH: Hilton Hotels & Resorts will add 59 more hotels across various asset classes in Saudi Arabia in the next five to 10 years. The hospitality group currently has 16 in the region. In an interview with Arab News on the sidelines of the Future Hospitality Summit, Hilton’s managing director for the Middle East and North Africa, Amir Lababedi, said that Hilton will reach 75
RIYADH: In recent years, there has been a remarkable increase in the number of businesses whose owners are interested in investing in the hotel sector in Saudi Arabia. Yet at the same time, many observers continue to wonder why there are still so few hotels outside of the Kingdom’s major cities. Amir Lababedi, Hilton’s managing director of development in the Middle East and