Almatar KSA
Travel & HotelAlmatar KSA: Up to 7% OFF with P105
The working Almatar KSA coupon code right now is P105 — it gives 7% off hotel bookings and...

Saudi Arabia · 1 live offer
The working Almatar coupon code in Saudi Arabia is P105 — up to 7%: 7% off hotel bookings and 5% cashback on flights. Almatar is a Saudi travel platform for flights, hotels and packages, billed in SAR. The catch: only the hotel side is an instant discount. Flight savings come back as cashback after travel is confirmed, so you pay the full fare at checkout.
| Coupon code | P105 |
|---|---|
| Hotels | 7% off, deducted at checkout |
| Flights | 5% cashback, credited after travel is confirmed |
| Who qualifies | New and returning customers |
| Storefront / currency | almatar.com, SAR |
| Payment | If mada rejects the code, try a credit card |
| VAT | 15% Saudi VAT; ticket and service fee are treated differently |
| Flight cashback timing | Credited after travel, not at booking — confirm the exact trigger when you book |
| Last updated | 5 November 2026 |
“Up to 7%” means the 7% is the hotel rate. On a SAR 1,000 hotel stay, 7% takes SAR 70 off before you pay. On a SAR 1,000 flight you pay SAR 1,000 today and receive SAR 50 cashback later — useful, but not money off the booking, which matters if you are budgeting.
Travel VAT treatment differs between the ticket and the service fee, so the percentage may apply to a smaller base than the headline total suggests. Check the price breakdown before confirming.
Almatar is built around domestic and regional routes out of Riyadh, Jeddah and Dammam, and that is where it is most competitive against the airlines’ own sites. A domestic or regional hotel booking is the strongest use of P105, since the hotel side is the instant 7%. Umrah season and school holidays are the two windows when booking early with a code beats waiting for a fare drop — prices in those periods move up, not down, as they do around National Day and Eid.
| English | Arabic |
|---|---|
| Almatar coupon code | كود خصم المطار |
| Almatar promo code Saudi Arabia | كوبون المطار السعودية |
| Almatar hotel discount code | كود خصم المطار فنادق |
| Almatar flight code P105 | كود المطار طيران |
P105 is the most unusual code we track, because it is not really one offer. It is two mechanisms bundled under a single “up to 7%” headline, and they are worth very different amounts:
| Hotels | Flights | |
|---|---|---|
| Headline rate | 7% | 5% |
| Mechanism | Instant discount | Cashback |
| When you get it | At checkout — the total drops | After you travel, as credit |
| Form | Money you never hand over | Credit you must come back and spend |
| If the trip is cancelled | Already banked | May never arrive |
Read as headline percentages, the hotel side looks 1.4 times better than the flight side. Once you account for the mechanism, it is closer to three times better — and that single fact should decide how you use this code.
Three things stand between “5%” and money in your pocket, and they multiply:
Effective value = headline rate × (eligible base ÷ total paid) × probability you spend the credit
An air ticket is not one price. It is a base fare plus government taxes, carrier surcharges and the platform’s own service fee, and promotional percentages are frequently calculated on the base fare alone. On a SAR 1,200 ticket where SAR 400 is taxes and fees, 5% of the SAR 800 base is SAR 40 — which is 3.3% of what you actually paid, not 5%.
We cannot tell you which base Almatar uses, because it is not stated in the public terms, and this page does not guess. It is the single most valuable thing to check in the price breakdown before you confirm, and the difference on a long-haul ticket is real money. Short domestic hops out of Riyadh or Jeddah have proportionally lower fixed charges, so the dilution is smallest there.
Cashback only has value if you spend it. Call p your likelihood of booking through Almatar again before the credit lapses. Most people book flights once or twice a year, which puts p well below 1:
| How often you book travel on Almatar | Rough p | What 5% flight cashback is really worth |
|---|---|---|
| Several trips a year, domestic routes | 0.9 | 4.5% |
| Twice a year | 0.5 | 2.5% |
| One annual trip | 0.25 | 1.25% |
| A one-off booking | 0.1 | 0.5% |
This is the part that makes flight cashback weaker than the wallet credit on a retail code. A noon cashback code pays within hours of the order confirming. Here the credit follows the journey, so between booking and payout sits every reason a trip does not happen — a cancellation, a date change, a schedule change by the airline. You are being promised a discount contingent on an event months away.
Note that this page’s own summary says “after travel is confirmed” while the step-by-step says “once travel is complete”. Those are not the same trigger, and which one applies decides whether a cancelled trip voids the cashback. Ask Almatar to confirm the trigger in writing at booking if the amount matters to you.
Two SAR 2,000 bookings, the same code, the same traveller who books twice a year:
| Booking | Nominal | Effective |
|---|---|---|
| SAR 2,000 hotel at 7% instant | SAR 140 | SAR 140 — certain, today |
| SAR 2,000 flight at 5% cashback | SAR 100 | about SAR 50, later, conditional |
| Same flight, if the 5% is on base fare only | SAR 67 | about SAR 33 |
So the practical rule is simple and it is the opposite of how most people use a travel code. If you are booking a trip with both legs, put the hotel on Almatar with P105 and shop the flight purely on price — compare Almatar against the airline’s own site and judge the fare, because a 1% to 2.5% contingent credit will not outweigh a SAR 150 fare difference. The hotel leg is where this code earns its keep.
Travel has no markdown cycle. Like flowers and unlike electronics, a seat or a room is a perishable, date-locked, demand-priced product: there is no end-of-season clearance on a fixed-date trip, and prices move up as the date approaches, not down. Waiting is not a strategy.
That matters here because 7% is a small number next to what the calendar does. Peak-season Makkah and Madinah room rates in Ramadan do not rise by 7% — they can multiply. On any dated Saudi trip, when you book is a far larger lever than whether you hold P105, and the two compound, so the cheapest booking is always the early one with the code on it.
| Window | What happens to prices | What to do |
|---|---|---|
| Now to March — Riyadh Season | Riyadh hotel demand runs high across the whole run | Book Riyadh rooms as far ahead as the dates allow |
| Late December to early January | School holidays — domestic routes and resort hotels peak | Book by late November |
| Ramadan, expected to begin in the first half of February 2027 | The steepest rises of the Saudi year. Umrah demand puts Makkah and Madinah hotels at a multiple of their ordinary rate | Book now. This is the one where early booking dwarfs any code |
| 22 February — Founding Day | Public holiday, domestic travel; expected to fall inside Ramadan in 2027 | Treat as part of the Ramadan window |
| Eid al-Fitr, expected around mid-March 2027 | Peak domestic and outbound together | Book well before Ramadan starts, not during it |
Hijri dates depend on sighting, so treat the Ramadan and Eid entries as expected rather than fixed, and confirm closer to the time.
The mechanism, not the percentage, is what decides whether a code is worth anything. P105 is unusual in containing one of each:
| Code | Mechanism | What it is actually worth |
|---|---|---|
| 800 Flowers MM128 | Instant 15%, no cap | The full 15%, at any order size |
| Almatar P105 — hotels | Instant 7% | The full 7%, certain at checkout |
| Almatar P105 — flights | 5% cashback after travel | Roughly 1–2.5%, conditional on the trip and on returning |
| noon HF810 | 5% cashback, capped near SAR 10 | 5% below SAR 200, falling to about 0.1% on a television |
Two codes advertising 5% cashback can differ by an order of magnitude once you ask what the base is, whether there is a cap, when the credit lands and whether you will spend it. Identical percentages are not identical offers.
Book the Ramadan hotel window on Almatar with P105 →
P105 is unusual: it is 7% off instantly on hotels but 5% as cashback on flights. That looks arbitrary. It is not — it follows directly from how the two industries pay the people who sell them, and knowing the mechanism tells you something useful: the asymmetry is structural, so it is not going to flip in your favour later.
| Hotels | Flights | |
|---|---|---|
| What the supplier typically pays a distributor | Mid-teens percent | Low single digits |
| What that affords the booking site | Room to hand back 7% at checkout and still earn | Very little room |
| So the offer becomes | An instant discount | Deferred cashback — cheaper to promise, because some is never claimed |
Deferred credit costs the issuer less than an instant discount for a simple reason: a portion of it is never redeemed. That is not a trick, but it does mean the flight half of this code is worth less than its number suggests, by design rather than by accident.
Seven against five reads as a modest difference — the hotel rate is 1.4 times the flight rate. Stack the two things that actually separate them and the gap roughly doubles again.
First, redemption. The 7% is money off the bill today. The 5% is credit you have to come back and spend, so its honest value is 5% × your chance of using it. At a 50% chance that is 2.5%, and the gap goes from 1.4× to 2.8×.
Second, and specific to Saudi Arabia: VAT does not treat the two the same. Hotel accommodation is standard-rated at 15%, while international air transport is zero-rated. Because a discount comes off before tax, the hotel saving also removes the VAT that would have been charged on it — and on a zero-rated fare there is no VAT to remove.
| Per SAR 1,000 of pre-tax travel booked | What actually leaves your account |
|---|---|
| Hotel at 7% instant | SAR 70 × 1.15 = SAR 80.50 off the bill |
| Flight at 5% cashback, zero-rated | SAR 50 credited later |
| …and after a 50% chance of redeeming it | SAR 25 |
SAR 80.50 against SAR 25 — a gap of more than three to one, from a code whose headline numbers differ by less than half.
| Stage | Hotels vs flights |
|---|---|
| Headline rates | 1.4× |
| After redemption probability | 2.8× |
| After the VAT asymmetry | About 3.2× |
There is a third reason to treat P105 as a hotel tool, and it has nothing to do with the code at all. Airfares are volatile in a way hotel rates are not. The same route commonly moves 20% to 30% on departure date, day of the week and how far ahead you book.
Set that against what the flight half of this code returns — about 2.5% once redemption is priced in — and the comparison is stark:
| Shifting your flight by a day or two | Often worth 20–30% |
|---|---|
| Applying P105 to that flight | Worth about 2.5% |
So on the flight side, the code is noise. Spend your effort on the departure date and the booking window, not on the promo field — the date is worth roughly ten times the code. Hotel rates move far less between comparable dates, which is exactly why a visible 7% off the bill is a reliable saving there and a deferred 5% is not here.
The practical rule for P105, then: book the hotel through Almatar and take the 7%; book the flight on whichever date is cheapest, and treat any cashback that follows as a small bonus rather than a reason to choose the booking.
Because the two industries pay distributors very differently. Hotels typically pay commissions in the mid-teens percent, which leaves room to hand 7% back at checkout; airlines pay low single digits, which does not. That is why the flight half is deferred cashback rather than an instant discount — deferred credit costs the issuer less, since some of it is never claimed. The asymmetry is structural, so it is unlikely to reverse.
Roughly three times, not the 1.4 times the headline suggests. The 7% is money off today while the 5% is credit you must return to spend, so at a 50% chance of redeeming it the gap is already 2.8 times. Then VAT widens it: Saudi hotel accommodation is standard-rated at 15% and the discount comes off before tax, so SAR 70 removes SAR 80.50 from the bill, while an international fare is zero-rated and 5% returns SAR 50 before redemption, or about SAR 25 after.
Only if the fare is competitive on its own. Airfares commonly move 20% to 30% on departure date and booking window, while the flight half of the code is worth about 2.5% once redemption is priced in — so the date is worth roughly ten times the code. Book the hotel through Almatar for the 7%, book the flight on whichever date is cheapest, and treat the cashback as a bonus.
Substantially, and by more than the headline suggests. The hotel side is an instant 7% taken off at checkout; the flight side is 5% credited after you travel, which is worth roughly 1% to 2.5% once you allow for it being credit you have to come back and spend. On two SAR 2,000 bookings that is about SAR 140 against roughly SAR 50.
Put the hotel on Almatar with P105 and shop the flight purely on price. A contingent 1% to 2.5% credit will not outweigh a fare difference of SAR 150, so compare Almatar against the airline’s own site on the flight and let the fare decide.
Almatar does not state it publicly, and it materially changes the answer, so check the price breakdown before confirming. On a SAR 1,200 ticket with SAR 400 of taxes and fees, 5% of the base fare alone is SAR 40 — 3.3% of what you paid rather than 5%. Short domestic routes have proportionally lower fixed charges, so the dilution is smallest there.
It may never arrive, because the credit follows the journey rather than the booking. This page’s summary says “after travel is confirmed” while the steps say “once travel is complete”, and those are different triggers — ask Almatar to confirm which applies in writing at booking if the amount matters.
No. Travel has no markdown cycle: a seat or a room is perishable and date-locked, so prices rise into the date rather than falling away from it. On a dated trip, when you book is a much bigger lever than whether you hold a code — and the two compound, so the cheapest booking is the early one with P105 applied.
Ramadan, expected to begin in the first half of February 2027, is the steepest window of the year, because Umrah demand puts Makkah and Madinah hotel rates at a multiple of their ordinary level. Riyadh Season through to March keeps Riyadh hotels firm, and the late-December school holidays lift domestic routes. Hijri dates depend on sighting, so confirm closer to the time.
The code is P105. It gives 7% off hotel bookings and 5% cashback on flights.
No. On flights P105 gives 5% cashback, credited after travel is confirmed, so the full fare is charged at checkout.
If a valid code is refused on a mada card, try a credit card before assuming it has expired.
Not always. VAT treatment differs between the ticket and the service fee, so check the breakdown to see what the percentage is applied to.
The Arabic search for this code — the answer is P105.
كود خصم المطار هو P105، ويمنح خصماً بنسبة 7% على حجوزات الفنادق و5% استرداداً نقدياً على رحلات الطيران. خصم الفنادق يُطرح فوراً عند الدفع، أما الاسترداد على الطيران فيُضاف بعد تأكيد الرحلة، لذا تدفع قيمة التذكرة كاملة عند الحجز. إذا رُفض الكود مع بطاقة مدى فجرّب بطاقة ائتمانية قبل الحكم بانتهاء صلاحيته.
For worked examples in riyals, instalment tips and a full FAQ, read our Almatar coupon code guide for Saudi Arabia.
More Saudi offers on our Saudi Arabia coupon codes page.
The working Almatar KSA coupon code right now is P105 — it gives 7% off hotel bookings and...