Red Sea Global (RSG) is preparing to open 11 resorts across The Red Sea destination and welcome first guests to AMAALA between now and early next year, due to “surging” investor interest.
This would bring the total number to 25 resorts, Ahmad Darwish, Group Chief Administrative Officer for Red Sea Global told Arabian Business in an exclusive interview.
“Investor interest is not just strong, it’s surging. The international investor community is keenly aware of the unique opportunities Red Sea Global offers across tourism, infrastructure, healthcare and real estate,” Darwish said.
The Kingdom’s tourism developer has opened five resorts at The Red Sea destination over the past 12 months, including Desert Rock and Shebara in Q4 2024. These join Thuwal Private Retreat, described as “a secluded Red Sea island getaway off the coast of Jeddah”, representing the first resorts entirely owned and operated by Red Sea Global.
“We are demonstrably open for business and the response has been remarkable, with investors actively seeking opportunities to participate. We have a robust pipeline of major deals underway, reflecting the confidence in our vision and execution.”
The next 6 to 12 months will see “continued evolution” of Red Sea Global’s offerings, Darwish said, adding that the company is preparing to open more resorts at The Red Sea, including the opening of resorts on Shura Island, the naturally dolphin-shaped hub of The Red Sea destination. “We’re on the cusp of opening even more spectacular resorts at The Red Sea, further solidifying its position as a premier global destination.”
