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Saudi Arabia's hospitality landscape is booming, with Vision 2030 bringing new coastal destinations, an emphasis on responsible tourism, and a significant surge in luxury hospitality. From eco-conscious adventures at Red Sea Global to immersive entertainment hubs in Qiddiya, Saudi’s commitment to creating unforgettable experiences is clear. The latest reports show a 107% rise in hotel rooms and major developments like AlUla's FERRANDI Paris campus to boost local talent in hospitality. As the industry grows, so does the demand for high-quality, luxury hospitality procurement solutions. Whether it’s sourcing unique, sustainable furnishings or expanding your supplier network, today’s procurement strategies need to align with the evolving expectations of a luxury-driven market. Atqan Pro is here to support the luxury procurement needs of Saudi's hospitality industry. Connect with us to find premium solutions for your sourcing strategy and help meet the rising demand in this vibrant sector. info@atqanpro.com atqanpro.com  #AtqanPro #SaudiArabia #Hospitality #Tourism #SaudiNews #LuxuryHospitality #HospitalityLicense #SaudiVision2030 #Procurement #LuxuryProcurement #SourcingExperts #Horeca #ProcurementSolutions #KSA #Globaltourism #Hospitalitynews #LuxuryHospitality

Saudi Arabia to Develop 320k New Hotel Rooms by 2030. 🔹 Hospitality Expansion: Saudi Arabia unveils ambitious plans to bolster its hospitality sector with the development of 320,000 new hotel rooms by 2030, catering to the projected surge in tourism. 🔹 Upscale Offerings: With 67% of the planned supply falling under the "upscale" or "luxury" categories, the Kingdom aims to provide premium accommodations for both domestic and international visitors. 🔹 Strategic Insights: According to Knight Frank's analysis, Riyadh's winning bid to host the 2030 World Expo is expected to inject a staggering $94.6 billion into the nation's capital, attracting an estimated 40 million visitors. 🔹 Economic Implications: The expansion also highlights the need for adequate accommodation for hotel staff, with projections suggesting the requirement for up to 387,000 key workers by 2030. 🔹 Investment Opportunities: Partnering with leading hotel operators like Marriott International presents lucrative opportunities in Saudi Arabia's booming hospitality market. #SaudiArabia #HospitalitySector #HotelDevelopment #Tourism #RealEstate #InvestmentOpportunities #Riyadh

Bloomberg: In a transformative move for the global hospitality sector, major hotel operators are racing to establish their presence in Saudi Arabia: 🔹 Just six years ago, it was unimaginable for international hotel operators to compete for a foothold in the Kingdom, but today, this race is a reality. 🔹 Analysts predict that the number of hotel rooms will more than double by 2030, with approximately $110 billion being invested in hospitality projects across Saudi Arabia, making it home to one of the largest hotel chains globally. 🔹 Philip Barnes, CEO of Rotana Hotel Management Corporation PJSC, stated: "You have to look at Saudi Arabia from a different perspective. In the next three to five years, it will be on the global stage as a prime destination in ways it has never been before." 🔹 Siegfried Nierhaus, Vice President at H World International, added: "We are talking about over 250,000 hospitality units entering the market. This is the largest hospitality investment pathway globally; no other country has this volume of units coming up. It is definitely the market to be in." #SaudiArabia #Hospitality #Tourism #Investment #EconomicDevelopment #Innovation #Leadership #Travel #RealEstate

Pleased to share that IHG Hotels & Resorts has signed a management agreement with Knowledge Economic City (KEC) Co., a public listed company in Saudi Arabia, for two new hotels in the Islamic World District (IWD) within the holy city of Al Madinah. Adding over 1,000 branded rooms to Al Madinah, the 552-keys Holiday Inn & Suites IWD KEC and 505-keys Holiday Inn Express IWD KEC are scheduled to open in early 2029. Operating under two world renowned brands, both hotels will offer extraordinary hospitality to guests visit the holy city of Al Madinah, as well as support the development of Knowledge Economic City and tourism ambitions under the Kingdom's Vision 2030. #IHG #HolidayInn #HolidayInnExpress #NewSigning #SaudiArabia #AlMadinah #SpititualTourism #BusinessTravel #LeisureTravel #Hospitality #HotelOpening

Millennium Hotels and Resorts MEA is set for significant expansion. Over the next seven years, we plan to double our portfolio, growing from our current 60+ properties to over 100 property by 2030. The rapid growth of the hospitality sector in the Middle East is a key factor driving this expansion. We're privileged to operate in the world's fastest-growing region. Statistically, this area accounts for 30% of global new developments in hospitality, solidifying its position as the leading growth market. Millennium Hotels and Resorts MEA is embarking on an exciting expansion in Saudi Arabia. With the Kingdom’s robust economic growth and vision for a diversified tourism sector, Millennium is seizing the opportunity to enhance its presence. We plan to significantly increase our portfolio within Saudi Arabia, introducing new properties that align with the country’s Vision 2030 initiative. This expansion reflects our commitment to offering world-class hospitality and catering to the rising demand for luxury accommodations in one of the region’s most dynamic markets. #NewHotels #Expansion #MiddleEast

IHG Hotels & Resorts has signed a management agreement with Knowledge Economic City (KEC) Co., a public listed company in Saudi Arabia, for two new hotels in the Islamic World District (IWD) within the holy city of Al Madinah. Adding over 1,000 branded rooms to Al Madinah, the 552-keys Holiday Inn & Suites IWD KEC and 505-keys Holiday Inn Express IWD KEC are scheduled to open in early 2029. Operating under two world renowned brands, both hotels will offer extraordinary hospitality to guests visit the holy city of Al Madinah, as well as support the development of Knowledge Economic City and tourism ambitions under the Kingdom's Vision 2030. #IHG #HolidayInn #HolidayInnExpress #NewSigning #SaudiArabia #AlMadinah #SpititualTourism #BusinessTravel #LeisureTravel #Hospitality #HotelOpening

Pleased to share that IHG Hotels & Resorts has signed a management agreement with Knowledge Economic City (KEC) Co., a public listed company in Saudi Arabia, for two new hotels in the Islamic World District (IWD) within the holy city of Al Madinah. Adding over 1,000 branded rooms to Al Madinah, the 552-keys Holiday Inn & Suites IWD KEC and 505-keys Holiday Inn Express IWD KEC are scheduled to open in early 2029. Operating under two world renowned brands, both hotels will offer extraordinary hospitality to guests visit the holy city of Al Madinah, as well as support the development of Knowledge Economic City and tourism ambitions under the Kingdom's Vision 2030. #IHG #HolidayInn #HolidayInnExpress #NewSigning #SaudiArabia #AlMadinah #SpititualTourism #BusinessTravel #LeisureTravel #Hospitality #HotelOpening

Pleased to share that IHG Hotels & Resorts has signed a management agreement with Knowledge Economic City (KEC) Co., a public listed company in Saudi Arabia, for two new hotels in the Islamic World District (IWD) within the holy city of Al Madinah. Adding over 1,000 branded rooms to Al Madinah, the 552-keys Holiday Inn & Suites IWD KEC and 505-keys Holiday Inn Express IWD KEC are scheduled to open in early 2029. Operating under two world renowned brands, both hotels will offer extraordinary hospitality to guests visit the holy city of Al Madinah, as well as support the development of Knowledge Economic City and tourism ambitions under the Kingdom's Vision 2030. #IHG #HolidayInn #HolidayInnExpress #NewSigning #SaudiArabia #AlMadinah #SpititualTourism #BusinessTravel #LeisureTravel #Hospitality #HotelOpening

Hotel owners and investors of over $20bn of assets across Europe, Asia and the Middle East trust us to independently asset manage their hotels.   One of our projects is the asset management of a portfolio of nine properties across the Sultanate of Oman. Working with some of the industry's most renowned hotel operators, Marriott International, InterContinental Hotels & Resorts, Hyatt Hotels Corporation and Dusit International, we're delighted to report that our strategic oversight has produced:   📈 A marked increase in ADR 📈 A strong uplift in Occupancy 📈 Substantial gains in RevPAR 📈 Exceptional growth in GOP 📈 A remarkable boost to EBITDA   Read more about this success on our website: https://lnkd.in/ebWbxifW #hotelassetmanagement #hotelinvestment

It is always great to see our clients and their properties thrive and improve performance, as we witnessed with this 9-hotel portfolio in #Oman. There's always room for improvement in a hotel, and with an asset manager, you can achieve that. #AssetManagement #HotelPortfolio #Hospitality