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Stiff Completion in Hospitality Sector
Published in Saudi Press Agency on 03 - 08 - 2004

A massive influx of tourists into Jeddah this summer has caused a heavy price competition between hotels and
furnished apartments both of which report 100 percent occupancy at weekends.
Hotels and furnished apartments offered special promotions to attract visitors to Jeddah with the result that even on weekends occupancy rate
was as high as 80 percent, according to Abha-based Al-Watan newspaper.
As schools close for summer, many citizens and residents from all over the country flock to the city to spend the holidays.
Ateeq Al-Harbi, from Qassim, says at one Jeddah's well-known hotels.
'I decided to come to this hotel after our company received a special promotion offer for its employees. I noticed something new this year: prices are
going back to normal unlike in previous years when prices hit the roof in the summer', he said.


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