The Saudi developer of luxury resort projects on the Red Sea coast expects to spend another $27 billion by 2030 to push ahead with developments that are designed to draw more tourists to the kingdom.
Now, alongside The St Regis Red Sea, it’s one of only two hotels in the area, which is eventually set to span 28,000 square kilometres, with myriad luxury resorts on more than 90 islands.
according to a release from Red Sea Global. It marks the first time Al Saud has added a hotel in his own country to his portfolio of five-star properties. His firm, the Kingdom Holding Company ...
The fresh financing will help roll out construction in Amaala, a 29-hotel destination focused on wellness, Gregory Djerejian, the group head of investments and legal at Red Sea Global, said in an ...
Red Sea Global, the developer of regenerative tourism hubs, The Red Sea and Amaala, is likely to spend another $27 billion over the next six years to push ahead with developments that are designed to ...