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Stock impact report

Makkah Sellable Apartment Market Ascends Towards $53 Billion by 2027: Fueled by Religious Tourism & Urban Development: Ken Research [Yahoo! Finance]

DigitalBridge Group, Inc. (DBRG) 
Company Research Source: Yahoo! Finance
religious pilgrims and ambitious urban development initiatives. Ken Research's ' Makkah Sellable Apartment Market Outlook' report predicts a remarkable 7.2% CAGR , propelling the market size to a staggering $53 billion by 2027 . This press release sheds light on the key drivers, challenges, and exciting prospects shaping this dynamic landscape. Market Overview: Building Homes, Nurturing Faith Beyond providing residential options, the sellable apartment market in Makkah plays a crucial role in accommodating the millions of pilgrims visiting the holy city each year. It also contributes to the city's economic diversification and urban transformation. In 2022, the market reached a size of $32 billion , and it's on track for significant growth, fueled by: Unending Demand from Pilgrims: The ever-increasing number of Hajj and Umrah pilgrims drives the need for more accommodation options, particularly apartments offering convenience and affordability. Government's Vision 2030: The amb Show less Read more
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