Madinah: The hotel sector in Madinah has topped the region's fastest-growing real estate sectors, driven by continuous growth in visitor numbers, supporting the expansion of luxury, mid-range, and apartment hotels, and attracting global hotel brands to increase their investments in the region.

According to Saudi Press Agency, the Madinah Chamber stated in its report issued today that the momentum in the hospitality sector has positively impacted the commercial and residential sectors. This growth is propelled by population increase, rising visitor numbers, and expanding development projects, which have heightened demand for commercial centers, mixed-use complexes, restaurants, cafes, and retail spaces.

The report identified key promising investment opportunities in the region's real estate sector. These include hotels and serviced apartments, mixed-use projects that combine residential, commercial, hospitality, and entertainment activities, and the warehousing and logistics sector. The continuous growth in trade and logistics and the rising demand for warehouses and distribution centers further enhance these opportunities.