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Saudi Arabia is shrinking giga project budgets on Riyadh’s event deadlines. Hotel developers are still building as if the old plan held, with pipelines up and skewed to luxury. That mismatch, plus cost inflation and security risk, is the bigger story for owners and brands.
Saudi Arabia is shrinking giga project budgets on Riyadh’s event deadlines. Hotel developers are still building as if the old plan held, with pipelines up and skewed to luxury. That mismatch, plus cost inflation and security risk, is the bigger story for owners and brands.
