Saudi Arabia Hospitality Market Size & Outlook, 2025-2033
Saudi Arabia Hospitality Market Insights
- As per Deep Market Insights insights, the Saudi Arabia Hospitality Market stood at USD 112.51 Billion in 2024 and is anticipated to grow to USD 176.25 Billion by 2033.
- The Saudi Arabia market is expected to advance at a CAGR of 5.16% from 2025 through 2033.
- In 2024, Accommodation accounted for the highest share of the Service Type market size.
- During the forecast period, Travel Services is set to register the highest growth, making it the most lucrative Service Type segment.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- Saudi Arabia contributed 2.13% to the global Hospitality Market size in 2024.
- By 2033, United States is forecasted to remain the largest global market for Hospitality Market.
- In Middle East and Africa, United Arab Emirates is projected to capture the leading share of market size by 2033.
- Among Middle East and Africa markets, South Africa is expected to post the fastest growth, reaching USD 73.59 Billion by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 112.51 Billion |
| Market Size In 2033 | USD 176.25 Billion |
| Largest segment | Accommodation |
| Units | Revenue in USD Billion |
| CAGR | 5.16% (2025-2033) |
| Segmnetation Covered | |
| Service Type |
|
| Ownership |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Saudi Arabia Hospitality Market Service Type 2025-2033 (USD Billion)
| Service Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Accommodation | XX.x | XX.x | XX.x | 51.36 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Food & Beverage | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Travel Services | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Saudi Arabia Hospitality Market Ownership 2025-2033 (USD Billion)
| Ownership | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Chain | XX.x | XX.x | XX.x | 72.82 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Independent | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.