Leisure & Hospitality Eight sites to open at Amaala Red Sea resort in 2025 By Andrew Hammond July 1, 2024, 9:49 AM Six Senses The 'world-class wellness' resorts will include Six Senses Amaala, designed by architects U+A 7 resorts and yacht club on track Focus on luxury wellness Marine life institute to open Saudi Arabia’s Red Sea giga-project Amaala is to open its first phase in 2025 with seven resorts and a yacht club, the company said this week. Red Sea Global – the Public Investment Fund project that owns Amaala – said the resorts to open would be Clinique La Prairie Health Resort, Jayasom Wellness Resort, Rosewood Amaala, Six Senses Amaala, Equinox Resort Amaala, Four Seasons Resort and Residences, and Amaala at Triple Bay. The Amaala yacht club will include a marine life institute designed by architects Foster + Partners, which will engage in marine research but be open to the public. NewsletterGet the Best of AGBI delivered straight to your inbox every week Red Sea Global has declared a “coral commitment” to protect and regenerate corals in the Red Sea. Amaala, one of two sites Red Sea Global is developing on Saudi Arabia’s west coast, will boast 29 hotels by 2030. The second site, The Red Sea, where some luxury hotels have already opened, is due to have 50. Red Sea Global is one of the leading giga-projects, with construction real estate consultants Knight Frank valuing it at $23.6 billion. Solar power scaled up at Amaala giga-project Saudi Red Sea resorts aim for 19m tourists by 2030 Neom brands its 12 Red Sea resorts as ‘Magna’ Saudi Arabia is on a drive to make tourism account for 10 percent of GDP by 2030. Almost half of tourism is religious and the expansion plans are focused on affluent wellness and adventure tourism. Some of the giga-projects are facing delays as the government runs into funding problems due to oil prices being below a budget breakeven figure estimated this year at $96 per barrel and lower than expected foreign investment.
