Saudi Arabia dominates Middle East hotel expansion with 50% of development pipeline

Saudi Arabia is leading hotel expansion in the Middle East with 110,000 rooms under development, accounting for about 50% of the region’s hotel pipeline.

This growth is part of a $90 billion investment wave aimed at boosting tourism, with the Kingdom targeting 150 million annual visitors by 2030 and increasing hotel room supply to over 550,000. The projects span major cities and tourist destinations, emphasizing the…