Daily Rentals Bookings Analysis
Daily Rentals Bookings Analysis
Date: 2026-01-20
Analysis Period: 2024-01-01 onwards
Data Source: sadb_daily_renting_listing_bookings, sadb_users, sadb_listings
Data Model
Important: Each record in
sadb_daily_renting_listing_bookingsrepresents a booking attempt, not a completed booking. Thestatusfield indicates the outcome:
COMPLETED= Successfully paid and completed bookingCLOSED_NOT_PAID= Booking attempt that was not converted (abandoned)CANCELED_BY_ADMIN/CANCELED_BY_HOST= Cancelled bookings
Executive Summary
This analysis examines the daily rentals marketplace performance, focusing on booking conversion, revenue drivers, and user behavior patterns.
Key Metrics
| Metric | Value |
|---|---|
| Total Booking Attempts (2024+) | 35,068 |
| Completed Bookings | 3,968 (11.3% conversion) |
| Total Revenue | SAR 7.42M |
| Avg Booking Value | SAR 1,870 |
Top Insights
| Finding | Impact |
|---|---|
| IAM Verification | 10x higher conversion (20.8% vs 2.1%) |
| Referral Program | 4.7x higher conversion, 2x higher value |
| Long-stay Bookings | 14% of bookings = 52% of revenue |
| First Attempt Problem | Only 6.5% convert on first attempt |
| Last-minute Bookings | 55% of attempts, highest conversion (14.6%) |
1. Booking Funnel
Attempt Status Distribution
| Status | Count | % | Description |
|---|---|---|---|
| CLOSED_NOT_PAID | 29,314 | 83.6% | Abandoned attempts |
| COMPLETED | 3,968 | 11.3% | Successful bookings |
| CANCELED_BY_ADMIN | 1,764 | 5.0% | Platform cancellations |
| CANCELED_BY_HOST | 17 | 0.05% | Host cancellations |
Insight: 83.6% of booking attempts are abandoned before payment completion. This represents the primary conversion opportunity.
SELECT status, count() AS attempts, round(count() * 100.0 / sum(count()) OVER (), 2) AS percentageFROM sadb_daily_renting_listing_bookings FINALWHERE _peerdb_is_deleted = 0 AND toDate (createdAt) >= '2024-01-01'GROUP BY statusORDER BY attempts DESC2. Revenue & Growth
Monthly Performance
| Period | Attempts | Completed | Conversion | Revenue (SAR) | Avg Value (SAR) |
|---|---|---|---|---|---|
| H1 2024 | 5,225 | 573 | 11.0% | 902K | 1,575 |
| H2 2024 | 6,876 | 1,005 | 14.6% | 1.63M | 1,620 |
| H1 2025 | 9,478 | 1,147 | 12.1% | 2.37M | 2,064 |
| H2 2025 | 12,574 | 1,180 | 9.4% | 2.37M | 2,006 |
Trends:
- Booking attempts grew 2.4x from H1 2024 to H2 2025
- Revenue grew 2.6x over the same period
- Average booking value increased from ~SAR 1,575 to ~SAR 2,000
- Conversion rate peaked at 17.7% (Jan 2025) but has declined in recent months
Annual Summary
| Year | Completed Bookings | Revenue (SAR) | Platform Revenue (SAR) | Take Rate |
|---|---|---|---|---|
| 2024 | 1,578 | 2,531,264 | 521,204 | 20.6% |
| 2025 | 2,327 | 4,739,921 | 1,195,774 | 25.2% |
SELECT toYear (createdAt) AS YEAR, count() AS completed_bookings, round(sum(total_amount), 2) AS gross_booking_value, round(sum(host_share), 2) AS host_earnings, round(sum(total_amount) - sum(host_share), 2) AS platform_revenue, round( (sum(total_amount) - sum(host_share)) * 100.0 / nullIf(sum(total_amount), 0), 2 ) AS platform_take_rateFROM sadb_daily_renting_listing_bookings FINALWHERE _peerdb_is_deleted = 0 AND toDate (createdAt) >= '2024-01-01' AND status = 'COMPLETED'GROUP BY YEAR3. IAM Verification Impact (Critical)
Conversion by Verification Status
| IAM Verified | Attempts | Completed | Conversion | Avg Value (SAR) | Revenue (SAR) |
|---|---|---|---|---|---|
| Yes | 17,310 | 3,599 | 20.8% | 1,819 | 6,546,508 |
| No | 17,758 | 369 | 2.1% | 2,359 | 870,486 |
Key Findings:
- IAM-verified users convert at 10x the rate of non-verified users
- Verified users generate 88% of total revenue
- Non-verified users have higher avg value when they do complete (possibly corporate/high-value users who bypass verification?)
SELECT u.iam_verified, count() AS attempts, countIf (b.status = 'COMPLETED') AS completed, round( countIf (b.status = 'COMPLETED') * 100.0 / count(), 2 ) AS conversion_rate, round(avgIf (b.total_amount, b.status = 'COMPLETED'), 2) AS avg_booking_value, round(sumIf (b.total_amount, b.status = 'COMPLETED'), 2) AS total_revenueFROM sadb_daily_renting_listing_bookings b FINAL JOIN sadb_users u FINAL ON b.user_id = u.user_idWHERE b._peerdb_is_deleted = 0 AND u._peerdb_is_deleted = 0 AND toDate (b.createdAt) >= '2024-01-01' AND b.user_id > 0GROUP BY u.iam_verified4. Referral Program Performance
Referral vs Organic
| Source | Attempts | Completed | Conversion | Avg Value (SAR) | Revenue (SAR) |
|---|---|---|---|---|---|
| Organic | 33,986 | 3,455 | 10.2% | 1,636 | 5,653,356 |
| Referral | 1,082 | 513 | 47.4% | 3,438 | 1,763,637 |
Key Findings:
- Referral conversion is 4.7x higher than organic
- Referral booking value is 2.1x higher (SAR 3,438 vs SAR 1,636)
- Referrals = 3% of attempts but 24% of revenue
SELECT is_referral, count() AS attempts, countIf (status = 'COMPLETED') AS completed, round( countIf (status = 'COMPLETED') * 100.0 / count(), 2 ) AS conversion_rate, round(avgIf (total_amount, status = 'COMPLETED'), 2) AS avg_booking_value, round(sumIf (total_amount, status = 'COMPLETED'), 2) AS total_revenueFROM sadb_daily_renting_listing_bookings FINALWHERE _peerdb_is_deleted = 0 AND toDate (createdAt) >= '2024-01-01'GROUP BY is_referral5. Property Category Performance
Bookings by Category
| Category | Attempts | Completed | Conversion | Avg Value (SAR) | Revenue (SAR) |
|---|---|---|---|---|---|
| Apartment | 21,577 | 2,414 | 11.2% | 2,299 | 5,549,088 |
| Studio | 7,954 | 1,166 | 14.7% | 1,136 | 1,325,083 |
| Chalet | 4,720 | 326 | 6.9% | 1,084 | 353,268 |
| Villa | 528 | 32 | 6.1% | 5,048 | 161,551 |
| Tent | 181 | 19 | 10.5% | 742 | 14,095 |
| Farm | 87 | 8 | 9.2% | 1,602 | 12,816 |
Key Findings:
- Apartments dominate (61% of attempts, 75% of revenue)
- Studios have highest conversion (14.7%)
- Villas have highest value (SAR 5,048 avg) but lowest conversion (6.1%)
- Chalets underperform on conversion (6.9%) despite volume
SELECT c.name_en AS category_name, count() AS attempts, countIf (b.status = 'COMPLETED') AS completed, round( countIf (b.status = 'COMPLETED') * 100.0 / count(), 2 ) AS conversion_rate, round(avgIf (b.total_amount, b.status = 'COMPLETED'), 2) AS avg_booking_value, round(sumIf (b.total_amount, b.status = 'COMPLETED'), 2) AS total_revenueFROM sadb_daily_renting_listing_bookings b FINAL LEFT JOIN sadb_listings l FINAL ON b.listing_id = l.id LEFT JOIN sadb_categories c FINAL ON l.category = c.category_idWHERE b._peerdb_is_deleted = 0 AND toDate (b.createdAt) >= '2024-01-01'GROUP BY c.name_enORDER BY completed DESC6. Stay Duration Analysis
Completed Bookings by Stay Length
| Duration | Bookings | % | Avg Value (SAR) | Revenue (SAR) | Revenue % |
|---|---|---|---|---|---|
| 1 day | 1,960 | 49% | 406 | 795,323 | 11% |
| 2-3 days | 728 | 18% | 921 | 670,149 | 9% |
| 4-7 days | 429 | 11% | 1,989 | 853,315 | 12% |
| 8-14 days | 195 | 5% | 3,512 | 684,848 | 9% |
| 15-28 days | 105 | 3% | 5,321 | 558,684 | 8% |
| 29+ days | 551 | 14% | 6,996 | 3,854,675 | 52% |
Key Finding: Long-stay bookings (29+ days) represent only 14% of booking volume but generate 52% of revenue.
SELECT CASE WHEN dateDiff ('day', start_date, end_date) <= 1 THEN '1 day' WHEN dateDiff ('day', start_date, end_date) <= 3 THEN '2-3 days' WHEN dateDiff ('day', start_date, end_date) <= 7 THEN '4-7 days' WHEN dateDiff ('day', start_date, end_date) <= 14 THEN '8-14 days' WHEN dateDiff ('day', start_date, end_date) <= 28 THEN '15-28 days' ELSE '29+ days' END AS stay_duration, count() AS bookings, round(avg(total_amount), 2) AS avg_value, round(sum(total_amount), 2) AS total_revenueFROM sadb_daily_renting_listing_bookings FINALWHERE _peerdb_is_deleted = 0 AND toDate (createdAt) >= '2024-01-01' AND status = 'COMPLETED'GROUP BY stay_durationORDER BY bookings DESC7. Booking Lead Time
Lead Time vs Conversion
| Lead Time | Attempts | Completed | Conversion | Avg Value (SAR) |
|---|---|---|---|---|
| 0-1 days | 19,443 | 2,839 | 14.6% | 1,396 |
| 2-7 days | 8,763 | 821 | 9.4% | 2,618 |
| 8-14 days | 3,015 | 150 | 5.0% | 4,147 |
| 15-30 days | 2,454 | 122 | 5.0% | 4,149 |
| 30+ days | 1,387 | 34 | 2.5% | 5,181 |
Key Findings:
- 55% of attempts are last-minute (0-1 day lead time)
- Last-minute converts best (14.6%) but has lowest value
- Longer lead time = higher value but lower conversion
- Users booking 30+ days ahead pay 3.7x more but convert at 6x lower rate
SELECT CASE WHEN dateDiff ('day', createdAt, start_date) <= 1 THEN '0-1 days ahead' WHEN dateDiff ('day', createdAt, start_date) <= 7 THEN '2-7 days ahead' WHEN dateDiff ('day', createdAt, start_date) <= 14 THEN '8-14 days ahead' WHEN dateDiff ('day', createdAt, start_date) <= 30 THEN '15-30 days ahead' ELSE '30+ days ahead' END AS lead_time, count() AS attempts, countIf (status = 'COMPLETED') AS completed, round( countIf (status = 'COMPLETED') * 100.0 / count(), 2 ) AS conversion_rate, round(avgIf (total_amount, status = 'COMPLETED'), 2) AS avg_booking_valueFROM sadb_daily_renting_listing_bookings FINALWHERE _peerdb_is_deleted = 0 AND toDate (createdAt) >= '2024-01-01'GROUP BY lead_timeORDER BY attempts DESC8. User Behavior Analysis
First vs Repeat Attempts
| Attempt # | Attempts | Completed | Conversion | Avg Value (SAR) |
|---|---|---|---|---|
| 1st attempt | 21,110 | 1,378 | 6.5% | 1,701 |
| 2nd-3rd attempt | 8,792 | 1,557 | 17.7% | 1,976 |
| 4th-5th attempt | 2,325 | 524 | 22.5% | 2,066 |
| 6+ attempt | 2,841 | 509 | 17.9% | 1,794 |
Key Finding: First-time bookers convert at only 6.5%. Users who return for 4th-5th attempt convert at 22.5% - a 3.5x improvement.
Account Age at Attempt
| Account Age | Attempts | Completed | Conversion | Avg Value (SAR) |
|---|---|---|---|---|
| Day 0 (new) | 3,480 | 405 | 11.6% | 1,865 |
| 1-7 days | 2,147 | 265 | 12.3% | 2,175 |
| 8-30 days | 1,575 | 207 | 13.1% | 2,236 |
| 1-3 months | 1,815 | 254 | 14.0% | 2,320 |
| 3-12 months | 3,710 | 454 | 12.2% | 1,816 |
| 12+ months | 22,341 | 2,383 | 10.7% | 1,766 |
Key Finding: Accounts 1-3 months old have the best conversion (14.0%) and highest average value (SAR 2,320).
9. Customer Retention
Repeat Booking Behavior (Completed Only)
| Bookings | Users | % | Avg Lifetime Value (SAR) |
|---|---|---|---|
| 1 | 2,351 | 81% | 1,931 |
| 2 | 327 | 11% | 4,213 |
| 3 | 105 | 4% | 5,353 |
| 4 | 38 | 1% | 9,336 |
| 5+ | 65 | 2% | 8,500+ |
Key Findings:
- 81% of customers book only once
- Users who book twice have 2.2x higher lifetime value
- Power users (5+ bookings) have 4.4x higher lifetime value
10. Top Hosts
Top 10 Hosts by Revenue
| Rank | Host ID | Bookings | Revenue (SAR) | Avg Value (SAR) | Listings |
|---|---|---|---|---|---|
| 1 | 3211823 | 49 | 381,026 | 7,776 | 6 |
| 2 | 760534 | 57 | 161,228 | 2,829 | 13 |
| 3 | 2768013 | 35 | 152,288 | 4,351 | 6 |
| 4 | 174533 | 4 | 132,362 | 33,091 | 2 |
| 5 | 141550 | 6 | 91,907 | 15,318 | 3 |
The top 10 hosts generate SAR 1.32M (18% of total revenue).
Recommendations
High Priority
-
Require IAM verification for booking
- Verified users convert 10x better
- Non-verified attempts have 98% abandonment rate
- Gate booking at IAM step, not payment
-
Fix first-attempt conversion
- 6.5% conversion for first attempts is the biggest funnel leak
- Add onboarding, trust signals, first-booking incentives
- Consider “guaranteed” bookings for first-timers
-
Scale referral program
- 4.7x better conversion, 2.1x higher value
- Currently only 3% of attempts
- Invest in referral incentives and marketing
Medium Priority
-
Target long-stay guests
- 14% of bookings = 52% of revenue
- Create dedicated long-stay marketing
- Offer monthly rates and discounts
-
Improve Studio conversion further
- Already highest conversion (14.7%)
- Lower value (SAR 1,136) - room to increase
- Optimize supply in this category
-
Address Chalet underperformance
- High volume (4,720 attempts) but only 6.9% conversion
- Investigate pricing, photos, descriptions
- May have expectation mismatch
To Investigate
-
Why do later lead-time bookings have lower conversion?
- Are these “browsers” vs committed bookers?
- Can we identify and nurture them differently?
-
Why do accounts 12+ months old have lower conversion?
- Are these dormant accounts?
- Do they need re-engagement before booking?
11. Location Analysis
City Performance
| City | Attempts | Completed | Conversion | Avg Value (SAR) | Revenue (SAR) |
|---|---|---|---|---|---|
| الرياض (Riyadh) | 21,952 | 3,023 | 13.77% | 1,936 | 5,852,772 |
| جدة (Jeddah) | 5,533 | 448 | 8.10% | 1,798 | 805,426 |
| الخبر (Khobar) | 1,193 | 90 | 7.54% | 1,371 | 123,425 |
| الدمام (Dammam) | 1,085 | 54 | 4.98% | 2,474 | 133,584 |
| المدينة المنورة (Madinah) | 1,085 | 70 | 6.45% | 2,214 | 154,962 |
| الهفوف (Al Hofuf) | 240 | 39 | 16.25% | 390 | 15,210 |
Key Findings:
- Riyadh dominates with 63% of all booking attempts and 79% of total revenue
- Riyadh conversion (13.77%) is 1.7x the national average outside Riyadh
- Al Hofuf has exceptional conversion (16.25%) despite low volume - potential underserved market
- Dammam has highest avg value (SAR 2,474) but lowest conversion (4.98%)
Top Districts by Volume (Riyadh)
| District | Attempts | Completed | Conversion | Avg Price/Day | Revenue (SAR) |
|---|---|---|---|---|---|
| العقيق (Al-Aqiq) | 2,297 | 480 | 20.9% | 251 | 1,116,245 |
| الملقا (Al-Malqa) | 1,847 | 317 | 17.2% | 1,009 | 761,283 |
| النرجس (Al-Narjis) | 1,210 | 202 | 16.7% | 495 | 364,243 |
| اليرموك (Al-Yarmouk) | 974 | 118 | 12.1% | 324 | 98,484 |
| الرمال (Al-Ramal) | 901 | 90 | 10.0% | 457 | 107,932 |
High-Conversion Districts (min 50 attempts)
| City | District | Attempts | Completed | Conversion | Avg Value (SAR) |
|---|---|---|---|---|---|
| الهفوف | العويمرية | 60 | 31 | 51.67% | 192 |
| الرياض | الاندلس | 54 | 20 | 37.04% | 1,631 |
| الرياض | الغدير | 142 | 44 | 30.99% | 933 |
| الرياض | جرير | 53 | 16 | 30.19% | 1,013 |
| الرياض | الشهداء | 221 | 54 | 24.43% | 1,147 |
| الرياض | الضباط | 316 | 77 | 24.37% | 614 |
Low-Conversion Districts (min 50 attempts)
| City | District | Attempts | Completed | Conversion |
|---|---|---|---|---|
| الطائف | الخالدية | 57 | 0 | 0% |
| جدة | الاجاويد | 63 | 0 | 0% |
| الدمام | ضاحية الملك فهد | 54 | 0 | 0% |
| الرياض | العريجاء الغربية | 92 | 0 | 0% |
| الرياض | السلام | 76 | 0 | 0% |
Supply-Demand Imbalance
| City | District | Active Listings | Attempts | Attempts/Listing | Conversion |
|---|---|---|---|---|---|
| الرياض | الضباط | 5 | 316 | 63.2 | 24.37% |
| الرياض | النسيم الغربي | 3 | 182 | 60.7 | 12.09% |
| الدمام | النزهة | 3 | 126 | 42.0 | 0.79% |
| الرياض | الفيحاء | 4 | 133 | 33.3 | 9.02% |
Key Finding: Some districts have extreme supply-demand imbalance. الضباط (Al-Dhubat) has 63 booking attempts per listing - significant unmet demand.
-- District performance queryWITH district_listings AS ( SELECT district_id, count() AS total_listings FROM sadb_listings FINAL WHERE _peerdb_is_deleted = 0 AND daily_rentable = 1 AND status IN (0, 4) AND published = 1 AND hidden = 0 GROUP BY district_id )SELECT d.city_name, d.district_name, dl.total_listings AS active_listings, count() AS booking_attempts, countIf (b.status = 'COMPLETED') AS completed, round( countIf (b.status = 'COMPLETED') * 100.0 / count(), 2 ) AS conversion_rate, round(count() * 1.0 / dl.total_listings, 2) AS attempts_per_listingFROM sadb_daily_renting_listing_bookings b FINAL LEFT JOIN sadb_listings l FINAL ON b.listing_id = l.id LEFT JOIN sadb_districts d FINAL ON l.district_id = d.district_id LEFT JOIN district_listings dl ON l.district_id = dl.district_idWHERE b._peerdb_is_deleted = 0 AND toDate (b.createdAt) >= '2024-01-01'GROUP BY d.city_name, d.district_name, dl.total_listingsHAVING booking_attempts >= 100 AND active_listings > 0ORDER BY attempts_per_listing DESC12. Pricing Analysis
Price Distribution
| Metric | Value |
|---|---|
| Average daily price | SAR 1,446 |
| Median daily price | SAR 360 |
| Min price | SAR 0.92 |
| Max price | SAR 1,099,999 |
| Listings with pricing | 7,607 |
Price Tier Performance
| Price Tier (SAR/day) | Attempts | Completed | Conversion | Avg Booking Value |
|---|---|---|---|---|
| Under 150 | 11,401 | 1,154 | 10.12% | 1,748 |
| 150-250 | 5,824 | 804 | 13.80% | 1,297 |
| 250-350 | 6,003 | 738 | 12.29% | 1,658 |
| 350-500 | 4,358 | 534 | 12.25% | 1,831 |
| 500-750 | 3,107 | 313 | 10.07% | 2,428 |
| 750-1000 | 1,559 | 163 | 10.46% | 2,747 |
| 1000-1500 | 1,360 | 119 | 8.75% | 4,724 |
| 1500-2500 | 728 | 60 | 8.24% | 2,802 |
| 2500+ | 728 | 83 | 11.40% | 2,630 |
Key Finding: The SAR 150-250/day price point has the highest conversion rate (13.8%). Conversion drops for both budget (<150) and premium (>1000) listings.
Riyadh vs Other Cities by Price Tier
| City Group | Price Tier | Attempts | Completed | Conversion |
|---|---|---|---|---|
| Riyadh | Budget (<300) | 13,261 | 1,844 | 13.91% |
| Riyadh | Mid-range (300-600) | 5,326 | 761 | 14.29% |
| Riyadh | Premium (700+) | 3,365 | 418 | 12.42% |
| Other Cities | Budget (<300) | 7,273 | 533 | 7.33% |
| Other Cities | Mid-range (300-600) | 3,417 | 275 | 8.05% |
| Other Cities | Premium (700+) | 2,426 | 137 | 5.65% |
Key Finding: Riyadh has ~2x higher conversion than other cities at every price tier. Premium listings (700+ SAR) struggle outside Riyadh (5.65% conversion).
City Pricing Comparison
| City | Avg Daily Price | Median Price | Conversion |
|---|---|---|---|
| الدرعية (Diriyah) | 1,960 | 1,678 | 13.23% |
| الرياض (Riyadh) | 872 | 245 | 13.77% |
| الخبر (Khobar) | 722 | 232 | 7.54% |
| ابها (Abha) | 631 | 350 | 4.82% |
| الدمام (Dammam) | 612 | 256 | 4.98% |
| جدة (Jeddah) | 447 | 272 | 8.10% |
Key Finding: Diriyah has the highest average price (SAR 1,960/day) while maintaining 13.23% conversion - indicating premium market positioning is viable in select areas.
Premium Districts in Riyadh (700+ SAR/day)
| District | Avg Price | Attempts | Completed | Conversion | Revenue (SAR) |
|---|---|---|---|---|---|
| الملقا | 2,402 | 683 | 121 | 17.72% | 500,368 |
| الحمراء | 906 | 21 | 4 | 19.05% | 132,362 |
| الياسمين | 821 | 135 | 25 | 18.52% | 80,736 |
| الازدهار | 960 | 23 | 4 | 17.39% | 68,020 |
| حطين | 996 | 88 | 16 | 18.18% | 54,925 |
Key Finding: Premium districts maintain high conversion (17-19%) despite high prices, suggesting price-insensitive demand in upscale areas.
-- Price tier analysisWITH listing_prices AS ( SELECT listing_id, round(avg(price), 2) AS avg_daily_price FROM sadb_daily_renting_listing_register FINAL WHERE _peerdb_is_deleted = 0 AND price > 0 AND toDate (day_date) >= '2024-01-01' GROUP BY listing_id )SELECT CASE WHEN lp.avg_daily_price < 150 THEN '01. <150' WHEN lp.avg_daily_price < 250 THEN '02. 150-250' WHEN lp.avg_daily_price < 350 THEN '03. 250-350' -- ... additional tiers ELSE '09. 2500+' END AS price_range, count() AS attempts, countIf (b.status = 'COMPLETED') AS completed, round( countIf (b.status = 'COMPLETED') * 100.0 / count(), 2 ) AS conversion_rateFROM sadb_daily_renting_listing_bookings b FINAL LEFT JOIN listing_prices lp ON b.listing_id = lp.listing_idWHERE b._peerdb_is_deleted = 0 AND toDate (b.createdAt) >= '2024-01-01'GROUP BY price_rangeORDER BY price_rangeUpdated Recommendations
Location-Based
-
Prioritize supply acquisition in high-demand districts
- الضباط (Al-Dhubat): 63 attempts per listing
- النسيم الغربي: 61 attempts per listing
- Focus on Riyadh districts with supply-demand imbalance
-
Investigate zero-conversion districts
- 5 districts with 50+ attempts have 0% conversion
- May indicate pricing, quality, or trust issues specific to these areas
-
Expand outside Riyadh strategically
- Focus on cities with proven conversion: Al Hofuf (16.25%)
- Jeddah underperforms relative to volume - investigate why
Pricing-Based
-
Optimize pricing around the SAR 150-250/day sweet spot
- Highest conversion (13.8%)
- Consider promotional pricing to this tier
-
Premium pricing works in Riyadh only
- 12.42% conversion for 700+ SAR in Riyadh
- Only 5.65% outside Riyadh
- Adjust pricing recommendations by city
-
Support premium district positioning
- Districts like Al-Malqa maintain 17.72% conversion at SAR 2,400/day
- Don’t push price reductions in proven premium markets