• Wedding/celebration halls industry in Saudi Arabia has witnessed significant growth over the period 2011-2017. This trend is likely to continue over the coming years as well.
  • Riyadh is considered as the largest market for wedding/celebration halls in Saudi Arabia followed by Jeddah
  • The Ritz Carlton, Four Seasons, Al-Faisaliah, Nayyara and Osha Events Hall have been the major wedding/celebration halls in the kingdom 

New Delhi, June 21, 2017: Wedding/celebration halls industry in Saudi Arabia has witnessed significant growth over the past five years. Weddings and various corporate events which are the main revenue generators for wedding halls generally remain popular throughout the year. However, from one month before Ramadan till Id-ul-Fitr the numbers of weddings fall as this period is considered as ‘Low-season’ for weddings in the industry. During this season, Iftar and Sohour parties (corporate + private) are significantly popular and are considered as lucrative revenue streams by hotels and wedding halls in the country. Throughout this period, hotels and halls all around the Kingdom prepare special feasts which are not prepared at any other time of the year. The fourth quarter, especially the month of May is the peak season for different types of business events and exhibitions. Number of hotels and private halls receive large number of queries and requests regarding workshops, training Courses, consumer Exhibitions, trade, Exhibitions, product Launch, conferences, forums, charity exhibitions and career exhibitions during this period of the year. Each hall provides certain unique offerings and services which may vary. Hotels in the country provide complimentary suite to the newlywed couple with overnight stay. Private wedding halls also provide a separate room for the bride and the bridesmaid to get ready for the function.

Ken Research in its latest study, Saudi Arabia Wedding and Celebration Halls Market Outlook to 2021 suggests that Riyadh meetings and conferences industry is likely to observe rapid growth over the period 2017-2021. New projects of conventions and exhibitions districts including huge venues in the pipeline such as King Khalid Airport Convention District in the capital Riyadh, King Abdullah Financial District in Riyadh and others are expected to propel the market over the coming years.

Saudi Wedding/Celebration Halls Market is projected to register a positive CAGR during the period 2017-2021. Growing urbanization coupled with rising per capita income of people and rising number of weddings and events to drive the growth in the future.

The report provides information on market size of the Saudi Arabia wedding/celebration halls, geographical analysis and case studies of major ballrooms/private wedding halls in Saudi Arabia.

Corporate Comm India(CCI Newswire)

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