In Focus: Jeddah
Ambitious investments in tourism infrastructure and the continued development of the Jeddah leisure and commercial areas will allow the hotel market to perform well throughout the rest of 2012/2013 and in the near future. Jeddah is on the Red Sea coast and is the largest city of the Makkah Province. It is also the second-largest city in the Kingdom of Saudi Arabia, after the capital city Riyadh. With a population of 3.
Ambitious investments in tourism infrastructure and the continued development of the Jeddah leisure and commercial areas will allow the hotel market to perform well throughout the rest of 2012/2013 and in the near future. Jeddah is on the Red Sea coast and is the largest city of the Makkah Province. It is also the second-largest city in the Kingdom of Saudi Arabia, after the capital city Riyadh. With a population of 3.5 million, Jeddah is considered to be one of the major commercial centres of the country; of this total, 1.7million are expatriates, the highest expat ratio within the Kingdom.
About HVS
HVS, the world's leading consulting and services organization focused on the hotel, mixed-use, shared ownership, gaming, and leisure industries, was established in 1980. The company performs 4,500+ assignments each year for hotel and real estate owners, operators, investors, banks and developers worldwide. HVS principals are regarded as the leading experts in their respective regions of the globe. Through a network of some 60 offices and more than 300 professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. hvs.com.