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Average daily rate (ADR) of hotels in Riyadh in Saudi Arabia from 2015 to 2023 (in Saudi riyal)

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Source

Release date

February 2024

Region

Saudi Arabia

Survey time period

2015 to 2023

Supplementary notes

Note: 1 Saudi Arabian riyal (SAR) was equivalent to 0.27 U.S. dollars or 0.24 euros (as of September 2024).

* 2022 and 2023 figures were converted from USD

Citation formats

ADR of hotels in Riyadh in Saudi Arabia 2015-2023

Published by ÌÇÐÄÆƽâ°æ Research Department, Sep 4, 2024

The average daily rate (ADR) of hotels in Riyadh in Saudi Arabia rose to approximately *** Saudi riyals in 2023. This was the second consecutive year the ADR increased following the COVID-19 pandemic, after having peaked at *** Saudi riyals in 2015.

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