Radisson's Saudi Arabia Bet: A Divided Recovery in the Gulf

Radisson's development numbers indicate a pattern in the Gulf region, where domestic demand serves as a hedge. Saudi Arabia has this demand, while the UAE does not. This disparity highlights a divided recovery in the Gulf, with Saudi Arabia's domestic market providing stability. The contrast between these two countries underscores the importance of domestic demand in the region's tourism and hospitality sectors. As the Gulf continues to recover from the pandemic, Radisson's numbers suggest that Saudi Arabia's domestic market will be a key driver of growth.