Saudi Arabia Wedding/ Celebration Hall Market Size on the basis of Revenue in SAR Billion, 2011 and 2016 – ken Research

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Wedding/celebration halls industry in Saudi Arabia has witnessed significant growth over the past five years. As of 2016, there are ~ hotel ballrooms and ~ private wedding halls in Saudi Arabia. Number of marriages in Saudi Arabia has inclined from ~ in 2015 to ~ in 2016 as per Ministry of Justice, Saudi Arabia. Furthermore, approx. number of licensed corporate events held in the Kingdom inclined to ~ from ~ in 2015. The number visitors of such licensed corporate events exceeded ~ million in 2016 as per Saudi Exhibition and Conventions Bureau (SECB). Supported by these factors, the market size for wedding/celebration halls in Saudi Arabia has enhanced from SAR ~ billion to SAR ~ billion in 2016, registering a CAGR of ~% during the period.  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.

Growing wedding halls industry has positively affected the Photography studios market in Saudi Arabia. Number of clients asks their wedding planners to hire photographers for their weddings. Apart from this, large corporate events like product launches and exhibitions generate significant demand for photographers in the Saudi Arabia. Riyadh is considered as the largest market for wedding/celebration halls in Saudi Arabia. It has accounted for the highest share of ~% in the market generating revenues of ~ million during 2016. 

Geographic Analysis Of The Industry

Riyadh is considered as the largest market for wedding/celebration halls in Saudi Arabia. It has accounted for the highest share of ~% in the market generating revenues of ~ million during 2016. As of 2016, Riyadh comprises of highest number of ballrooms and private wedding halls in Saudi Arabia. Moreover, the average ticket size of corporate events and weddings is higher in Riyadh compared to other provinces.

Jeddah has accounted for the second highest revenue share of ~% in the market for wedding/celebration halls during 2016. During the year, wedding/celebration halls in Jeddah have registered the revenues of SAR ~ million. In 2016, ~ marriages and ~ corporate events (licensed activities, including exhibitions, forums, conferences, workshops and meetings) were organized in Jeddah. As of 2016, there are ~ hotel ballrooms and ~ private wedding halls in Jeddah. Ritz-Carlton, Jeddah, Jeddah Hilton and Leylaty are the major ballrooms in the area. On the other hand, Queens Wedding hall, Rose Wedding Hall, Majesty Hall and Palazzo Ballroom are the top private wedding venues in Jeddah as of 2016. Average capacity of halls in Jeddah is similar to the halls in Riyadh. Hotel ballrooms in Jeddah have average capacity of ~ while private wedding venues can fit around ~ people. Average ticket size of ballrooms is SAR ~. On the other hand average cost per person in private wedding hall of Jeddah is SAR ~

The entire Eastern Province of Saudi Arabia has accounted for a revenue share of ~% in the market for wedding halls during 2016.

A total of ~ marriages and ~ corporate events and exhibitions were hosted in the province during 2016. As of 2016, Eastern province of Saudi comprises of around ~ ballrooms and ~ private wedding venues. Double Tree by Hilton in Drahan, Sheraton in Dammam, and Novotel in Dammam and Le Meridian in Al Khobar has been the top ballrooms in the Eastern Province during 2016. On the other hand, Alandalus Wedding Hall, Bin sultan Hall and Al-Yaquot Wedding Venue have been some of the major private wedding venues in the Eastern Province during 2016. Wedding/celebration halls in Makkah City registered revenues of SAR ~ in 2016. Around ~ marriages and ~ corporate events were organized in the city during 2016. As of 2016, there are ~ hotel ballrooms and ~ private wedding halls in Makkah City. Hotel ballrooms in Makkah City have an average capacity of ~. Private wedding halls on the other hand an average capacity of ~. Average cost per person in Makkah city is SAR ~ in hotel ballrooms and SAR ~ in private wedding halls. Intercontinental, Marriott and Le Meridian are some of the major ballrooms in Makkah city. Andalus Hall, Grand Hall Mecca and Andalus Palace for Weddings are considered as some of the top private wedding venues in the city. Al-Madina comprises of ~ hotel ballrooms and ~ private wedding venues as of 2016. A total number of ~ marriages were registered in Madinah during 2016 out of which ~ took place in a court. Revenues of private Wedding halls and hotel ballrooms in Madinah have amounted to SAR ~ million in 2016.

Topics Covered in the Life

  • Number of Marriages in Riyadh,
  • Wedding Celebrations KSA,
  • Wedding Hotels In Riyadh,
  • Hotel Wedding Venues in Riyadh,

To know more about the publication, click on the link below-

https://www.kenresearch.com/public-sector-and-administration/religion/saudi-arabia-celebration-hall-market/119016-15.html

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