Skift Feed·· 2026-08-24
Radisson's Saudi Expansion Reveals a Split Gulf Recovery
Radisson’s Saudi Arabia Expansion Reveals A Split Gulf Recovery
AI Overview
Radisson Hotel Group is maintaining its target of 100 hotels in operation and development in Saudi Arabia by 2030, despite disruption from the U.S.-Iran war. Executive Elie Younes cites Saudi Arabia's domestic-driven demand as more resilient than the UAE's international-dependent market, forecasting recovery by June 2026, earlier than external forecasts of 2027. Expansion is shifting to secondary cities and the three- and four-star tier, favoring new builds.
Source:Skift Feed · skift.com