Saudi Arabia Celebration and Wedding Hall Market 2017-2021 - Rising Number of Marriages and Corporate Events
DUBLIN, October 2, 2017 /PRNewswire/ --
The "Saudi Arabia Celebration and Wedding Hall Market Outlook to 2021 - Rising Number of Marriages and Enhancing Corporate Events to Foster Growth" report has been added to Research and Markets' offering.
The report covers aspects such as the market size of the wedding/ celebration halls and market segmentation on the basis of region. The report also covers the competitive landscape, snapshots of major provinces in Saudi Arabian and demand gap analysis. In addition to this, the report also covers case studies of major hotel's ballroom and private wedding venues in Riyadh. This report will help industry consultants, owners of wedding/celebration halls, potential entrants and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
Weddings and various corporate events such as conferences and exhibitions 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. The fourth quarter, especially the month of May is the peak season for different types of business events and exhibitions.
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.
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 style that has attracted huge number of clients over the years.
The Hotel also offers a large bridal suite especially for the bride and her bridal party so they can prepare well for the special day. Al-Faisaliah hotel offers very reasonable per person charge for weddings especially compared to other 5-star hotels in the capital.
Four Seasons on the other hand is located at Kingdom Centre Tower in Riyadh which is one of the most iconic buildings in Saudi Arabia. The hotel is very well known for hosting corporate events and exhibitions especially automotive events and car launches.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Saudi Arabia Wedding/Celebration Halls Market Introduction and Market Size in SAR Billion, 2011-2016
4. Geographic Market Performance of the Industry, 2016
5. Riyadh Wedding/Celebration Halls Market
6. Case Studies of Major Wedding/Celebrations/Event Halls in Saudi Arabia
Companies Mentioned
- Al Faisaliah Hotel
- Four Season Hotel
- Nayyara Event Hall
- Osha Event Hall
- Ritz Carlton Ballroom
For more information about this report visit https://www.researchandmarkets.com/research/23288c/saudi_arabia
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