Middle East -  Kuwait

For a comprehensive review of the Middle East market, click below:
HVS In-Depth Middle East Hotel Valuation Index:   2021 | 2019 | 2016

Kuwait’s hotel values reached USD 181,000 per key in 2025, reflecting a 10% decline from 2019, as ADR decreased from USD 209 to USD 192.

 

Market performance has been constrained by modest inbound tourism growth, regulatory and connectivity challenges, and a strong outbound travel trend among Kuwaiti nationals. The sector would benefit from greater government support, including the easing of visa regulations and wider initiatives to stimulate tourism demand.

Change In Value For Market:

Legend
Significant Value Increase: Greater than +10%
Moderate Value Increase: Between +3% and +10%
Stable Values: Between -3% and +3%
Moderate Value Decline: Between -3% and -10%
Significant Value Decline: More than -10%