Saudi Arabia Opens New Red Sea Resort Amid Tourism Downturn

THE NEWS: Red Sea Global announced the opening of the 110‑key Rosewood Amaala luxury resort in Amaala, marking the third resort to become operational on Saudi Arabia’s Red Sea coast this year.

DETAILS:

• The 40‑hectare resort features pavilions, suites and villas.
• It includes 26 branded residences.
• The project is fully powered by solar energy.
• The earlier 2024 Amaala openings were the Four Seasons Resort and Residences Amaala in Triple Bay (June) and Six Senses Amaala (July).
• Red Sea Global is backed by the Saudi Public Investment Fund.

WHY IT MATTERS: The new Rosewood Amaala underscores Saudi Arabia’s push to diversify its economy through high‑end, sustainable tourism, expanding luxury capacity despite regional travel headwinds from the Iran conflict.

FAQ

What is the name and capacity of the new resort opened by Red Sea Global in Amaala?
The resort is called Rosewood Amaala and has 110 keys. It spans 40 hectares, offers pavilions, suites and villas, includes 26 branded residences, and is fully powered by solar energy.

Which Amaala resorts opened earlier in 2024 before Rosewood Amaala?
Earlier this year, the Four Seasons Resort and Residences Amaala opened in Triple Bay in June, followed by Six Senses Amaala in July, making Rosewood Amaala the third operational resort.

Which sovereign fund backs Red Sea Global, the developer of Rosewood Amaala?
Red Sea Global is backed by the Saudi Public Investment Fund, the kingdom’s sovereign wealth fund.

Read Original Article.