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Episode 95: Bilal Ambikapathy, Partner, Wisefields

Saudi Arabia’s hotel investment market is undergoing a major shift. In this episode, Bilal Ambikapathy explains how recent regulatory changes have simplified foreign investments — especially in key cities like Riyadh and Jeddah — and clarified foreign ownership rules in Mecca and Medina through fund structures.

He highlights the surge in domestic and regional investments, the rise of tier-two city opportunities like Asir province, and the outlook for Saudi Arabia as a dominant regional hub. With increasing transparency, strong regulatory frameworks, and impressive market performance (especially in Medina), Saudi Arabia is fast becoming a magnet for global hospitality investors.

Published: 5 May 2025

Interviewer

Marina Franolic

Marina Franolic

Head of Investor Relations

The Bench

Guest

Bilal Ambikapathy

Bilal Ambikapathy

Partner

Wisefields

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The Bench has established a legacy for delivering world-leading investment forums and conferences in Europe, Africa, the Middle East, and Latin America. The Bench organises the Future Hospitality Summit (FHS) series including FHS World in Dubai, FHS Saudi Arabia and FHS Africa - and the AviaDev Africa conference.

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