Knight Frank – Saudi Arabia Hospitality Market Review, 2025

The main theme of the report is the analysis of the Saudi Arabian hospitality market for 2025.

Key findings include the total number of hotel keys planned or under construction to be operational by 2030, amounting to 362,000. 61% of the existing supply consists of luxury, upper-upscale, and upscale hotels. 78% of the future supply is also expected in the luxury and upper segments. Saudi Arabia recorded a record tourism surplus, growing from SAR 46.2 billion in 2023 to SAR 49.8 billion in 2024 due to a 13.8% increase in inbound tourist spending.