Saudi tourism facilities expand 18% as hospitality supply grows
RIYADH: Saudi Arabia’s licensed tourism hospitality facilities rose 17.9 percent in the second quarter as the Kingdom continued to expand accommodation capacity, even as hotel occupancy and room rates declined. The number of licensed facilities reached 6,278 in the quarter, up from 5,326 a year earlier, according to the General Authority for Statistics. Serviced apartments and other hospitality facilities accounted for 3,258 establishments, or 51.9 percent of the total, while hotels numbered 3,
Source: Arab News