Investing in a hotel apartment complex in Saudi Arabiais an investment opportunity during 2022, especially in light of Saudi Arabia’s 2030 vision to increase the contribution of the tourism sector to the country’s GDP by about 10%, and provide one million jobs for Saudi citizens in tourism sector projects in the coming years.

What is a serviced apartment complex?

The serviced apartment complex was created to suit families and groups who want a family stay, rather than staying in hotel rooms. Offering the feeling of moving in with your own home, serviced apartments have hotel services, becoming complete homes, allowing residents to do whatever they want at home, such as cleaning, laundry, and cooking.

The hotel apartment complex usually provides a fully equipped apartment, equipped with various services according to the needs of the guests, as the hotel apartment complex includes several accessories such as a restaurant, gym, shops, residential units equipped to be service and commercial offices, etc: Restaurant, gym, shops, residential units equipped to be service and commercial offices, and others.

Why a hotel apartment complex in Saudi Arabia?

Why a hotel apartment complex in Saudi Arabia?

In collaboration with domestic and overseas investors and local investment funds, including the Tourism Development Fund, the Kingdom seeks to build 500,000 hotel rooms across the Kingdom by 2030.
Therefore, Mashroo3k Consulting provides a feasibility study for a hotel apartment complex project in Saudi Arabia, with the highest profit return and the best payback period, through a set of accurate studies of the size of the Saudi market, analysis of competitors’ strategies, and the ability to provide competitive prices and services.
Hotel Services Indicators in Saudi Arabia
– The number of hotels in the Kingdom is 2621.
– The number of furnished residential units in the Kingdom is 5660 units.
– The tourism sector contributes 5.30% to the Kingdom’s GDP, and the Kingdom aspires to reach 10% by 2030.
– 150,000 new hotel rooms will be built in the next three years. 70% of these hotels will be implemented by the private sector.
For more details about the latest economic indicators and investment opportunities in Saudi Arabia, as well as the most prominent financing entities that support successful investment projects in Saudi Arabia, you can contact the investor service team from Mashroo3k Consulting.

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    Hotel Apartment Complex Hotel Apartments Complex in Saudi Arabia