The Red Sea Development Company (TRSDC), the developer behind the ambitious resort development project along the shores and on the islands of the eastern Red Sea, has announced partnerships with nine international hotel brands. These nine are only the initial phase in the development of 16 luxury resort properties planned in The Red Sea Project.
The illustrious hotels joining the project include: EDITION Hotels and St Regis Hotels & Resorts, divisions of Marriott International; Fairmont Hotel & Resorts, Raffles Hotels & Resorts and SLS Hotels & Residences, brands from global hospitality group Accor; Grand Hyatt, part of Hyatt Hotels Corporation; Intercontinental Hotels & Resorts and Six Senses, from of IHG Hotels & Resorts; and Jumeirah Hotels & Resorts, a global luxury hospitality company.
Photo at top: Grand Hyatt | Shaura Island
According to Jay Rosen, Chief financial Officer at TRSDC, “Hospitality is the anchor of The Red Sea Project. We are determined to create a world-class luxury destination and the hotel brands we partner with play a crucial role in delivering on this ambition. Our partnerships are cemented through a collaborative framework that emphasize synchronicity between all brands. In doing so, we aim to create more value and maximize destination success, empowering stakeholders to benefit from shared best practices and economies of scale.”
Also in this first phase, TRSDC will construct a luxury marina, an 18-hole championship golf course, entertainment and leisure facilities, as well as an international airport.
By completion in 2030, the The Red Sea Project will host 50 hotels offering up to 8,000 hotel rooms and approximately 1,000 residential properties across 22 islands and six inland sites.
