Market Research Report Jeddah wedding halls booking,Wedding Hotels In Riy | Page 5

June 2017
Saudi Wedding/Celebration Hall Market Outlook to 2021
significantly popular and are considered as lucrative revenue streams by hotels and
wedding halls in the country. The fourth quarter, especially the month of May is the peak
season for different types of business events and exhibitions.
Unique Offerings in the Industry
Unique offerings and services in the industry may vary from hall to hall. Hotels in the
country provide complimentary suite to the newlywed couple for overnight stay. Some
hotels also provide the bride with a special bridal suite and 2 girls who help them get ready
for the marriage. On the other hand, a few hotels including Al-Faisaliah also
provide
personalized wedding planning service. Private wedding halls also provide a separate room
for the bride and the bridesmaid to get ready for the function.
Topics Covered in the report
Geographic Market Performance of the Industry, 2016
Riyadh is considered as the largest market for wedding/celebration halls in Saudi Arabia. It
has accounted for the highest share of ~% in the market generating revenues of ~ million
during 2016. As of 2016, Riyadh comprises of highest number of ballrooms and private
wedding halls in Saudi Arabia. Jeddah has accounted for the second highest revenue share
of ~% in the market for wedding/celebration halls during 2016. Wedding/celebration halls
in Jeddah have registered the revenues of SAR ~ million in 2016. In 2016, ~ marriages and ~
corporate events (licensed activities, including exhibitions, forums, conferences, workshops
and meetings) were organized in Jeddah.
Riyadh Wedding/Celebration Halls Market
Riyadh is the largest market for wedding/celebration halls in Saudi Arabia and presents
wedding/celebration/event hall owners with ample opportunities throughout the year.
Riyadh wedding/celebration hall market has amplified from SAR ~ billion in 2011 to SAR ~
billion registering a CAGR of ~% during the year. ~ Marriage contracts were signed in
Riyadh during 2016. Riyadh is also considered as the corporate centre of Saudi Arabia. The
capital city hosted almost half (~ %) of the corporate events in Saudi Arabia during 2016.
Around ~ licensed activities, including exhibitions, forums, conferences, workshops and
meetings were organized in Riyadh during 2016 generating considerable revenue for hotels
and event halls in the area. As of 2016, there are around ~ hotel ballrooms and ~ private
wedding halls in Riyadh. Ritz Carlton, Four Seasons and Al Faisaliah have been some of the
leading hotel ballrooms in Riyadh during 2016. Holiday Inn Olaya, Burj Rafal Hotel
Kempinski, InterContinental and Riyadh Marriott Hotel have also been considered as major
hotels in the region during the year.
Competition Scenario/ Case Studies
As of 2016, Riyadh comprises of ~ ballrooms and ~ private wedding halls. The Ritz-Carlton,
Al-Faisaliah Hotel and Four seasons have been the top players in the space in 2016. These 3
hotels have some unique characteristics that made them industry leaders during the year.
These hotels are widely recognized for hosting lavish weddings and arranging huge
corporate events and exhibitions. Ritz Carlton specializes in hosing weddings in traditional
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