Saudi Arabia’s Hotel Industry in 2024: A Tourism Renaissance in the Desert and What’s Ahead for 2025
Saudi Arabia’s hotel industry thrived in 2024, driven by Vision 2030’s ambitious tourism goals and a surge in both domestic and international visitors. Iconic destinations like Riyadh, Jeddah, and Mecca saw high occupancy rates, while mega-projects like NEOM and the Red Sea Development captured global attention. With investments in luxury resorts, cultural tourism, and sustainability initiatives, Saudi Arabia’s hospitality sector is poised for continued growth in 2025 and beyond, transforming the kingdom into a global tourism hub.