Kuwait advances to semi-finals after thrilling draw with Qatar    Azerbaijan airline blames 'external interference' for plane crash    At least 69 dead after boat sinks in Morocco waters    Israel strikes Sanaa airport and other Houthi targets across Yemen    Two die in Sydney to Hobart yacht race    Ukraine captures injured North Korean soldier, says Seoul    Absher launches service to report about absconding of visit visa holders    Lulu Retail expands in Saudi Arabia with two new stores    Warehouse of counterfeit products busted in Riyadh    King Salman receives written message from Putin    Indonesia's Consultative Assembly speaker hails MWL's efforts in disseminating moderate image of Islam Sheikh Al-Issa receives Al-Muzani at MWL headquarters in Makkah    Saudi Arabia to host Gulf Cup 27 in Riyadh in 2026    Saudi Arabia, Bahrain secure wins in thrilling Khaleeji Zain 26 Group B clashes    Celebrated Indian author MT Vasudevan Nair dies at 91    RDIA launches 2025 Research Grants on National Priorities    RCU launches women's football development project    Financial gain: Saudi Arabia's banking transformation is delivering a wealth of benefits, to the Kingdom and beyond    Blake Lively's claims put spotlight on 'hostile' Hollywood tactics    Five things everyone should know about smoking    Do cigarettes belong in a museum    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi Arabia's hotel rooms seen to reach 255,000 in next 10 years
Published in The Saudi Gazette on 21 - 05 - 2011

JEDDAH: Nearly 50 new hotels offering more than 14,000 rooms are expected to open in Saudi Arabia this year to cope with a huge increase in visitors. The number of hotel rooms is set to double from 120,000 to 255,000 over the next 10 years.
Against this background, the Hotel and Hospitality Show Saudi Arabia will be held in Jeddah in November.
Hotel properties valued at $7.3 billion are set to start operations in the Kingdom, with tourism officials expecting to see tourist numbers rise to 88 million over the next decade.
More than 2.3 million jobs are set to be created in the tourism industry in Saudi Arabia over the same period, according to the kingdom's Supreme Commission for Tourism and Antiquities (SCTA), which has inked more than SR334 million worth of tourism contracts in the past year.
Rising visitor numbers to Saudi Arabia are fuelled in part by the strength of religious tourism, with 3.8 million travelers visiting the holy city of Makkah for Haj or Umrah in 2010.
The Makkah Chamber of Commerce and Industry recently issued license for the construction of 500 hotels near the Grand Mosque in Makkah, including one with 5,000 rooms. Early t his week, Jabal Omar Development Company (JODC) Tuesday signed agreements with three global hotel chains where they will manage and operate hotels serving pilgrims in the holy city of Makkah.
Hilton Worldwide, Marriott International and Hyatt International will manage and operate 12 hotels being built by Jabal Omar Development Company, a project that involves a $5.5 billion investment by the Saudi developer.
Hilton will manage six of the mainly five-star hotels and the Hyatt and Marriott three each. The project has been 20 years in the making and is expected to be completed in early 2014.
The entire project, which includes the construction of 37 hotel towers of between 20 and 48 stories, provides accommodation for 45,000.
At a signing ceremony in London, Ian Carter, president of global operations at Hilton, said the main opportunities in Saudi Arabia remained business travelers.
But he added: "More and more tourism will be part of the mix. People will see opportunities to develop coastal towns and resorts. But right now, we are focused on business travelers and the religious pilgrimage traveler." Business tourism is also on the rise, with spending of more than $13 billion on infrastructure committed in 2010.
"Saudi Arabia saw inbound tourism rise from 5.3 million in 2006 to 7.7 million in 2010, with Riyadh having the highest gross operating profit per available room in the GCC," said Frederique Maurell, exhibition director of the show.


Clic here to read the story from its source.