Saudi Arabia Event Management As A Service Market Outlook (2022-2030) | Report, Size, Share & 6Wresearch
Saudi Arabia Event Management as a Service Market grew considerably during 2018-2019 owing to the rising number of music festivals, public events, wedding planning, birthday parties, fundraising events and conferences among others in the kingdom. However, covid 19 resulted in a drop in market revenues for the year 2020 owing to the suspension and restriction of public gatherings to curb the spread of the virus. However, steady growth is expected in the forecast period as Saudi Arabia has been working hard to create a one-of-a-kind and world-class entertainment hub that includes innovative, cultural or historical attractions, and mega sporting events, which is expected to create more growth opportunities for the event management as a service market. Furthermore, the hospitality industry has seen several major development announcements, such as Al Qiddiya's master plan in Riyadh, which aims to protect the city's position as the 'Capital of Entertainment, Sports, and the Ar...