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Radisson's Saudi Expansion Reveals a Split Gulf Recovery
1reports1reporting sources2026-08-24Update
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Radisson's strategy highlights Saudi Arabia's domestic demand as a hedge in the Gulf's uneven recovery, while the UAE faces steeper declines in international arrivals, informing business travelers' hotel choices and investment decisions.
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8月24日
- Skift FeedRadisson's Saudi Expansion Reveals a Split Gulf Recovery
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.