Saudi hospitality prices decline by up to 12% amid increased supply

RIYADH: Serviced apartments and other hospitality facilities in Saudi Arabia saw their first year-on-year decline in the fourth quarter of 2025, while hotel prices experienced their steepest drop in five quarters. This indicates that the market is entering a phase of rebalancing between supply and demand, particularly with the accelerating pace of expansion in the tourism sector’s capacity, according to available data. Average prices between apartments, hotels

Read More