Saudi developer Red Sea Global (RSG) announced this week that its flagship luxury destination, AMAALA Triple Bay, will open its doors in the coming months. RSG invested a colossal SR51.04 billion ($13.6 billion) in the project’s initial phase, which features six luxury resorts, an exclusive yacht club, and a dedicated marine institute.
Furthermore, the company confirmed in its statement that the fully completed destination will ultimately boast nine resorts offering more than 1,600 keys, including both branded and unbranded private residences.
A Multibillion-Dollar Economic Driver
Notably, RSG provided this important timeline update to coincide with the inaugural TOURISE Summit in Riyadh, reaffirming the project’s integral role in the Kingdom’s Vision 2030 strategy to attract 150 million visitors annually by 2030. Consequently, analysts project that the fully operational AMAALA will generate 50,000 new jobs and contribute a significant SR11 billion ($3 billion) annually to Saudi Arabia’s gross domestic product.
In this context, Red Sea Global Group CEO John Pagano stated guests and residents are invited to discover and honor what it means for them to live longer and better through serene retreats or sea and sun-soaked adventures.
The first phase of this premier destination will feature internationally renowned luxury properties, including the Equinox Resort, Four Seasons Resort, Nammos Resort, Rosewood Resort, Six Senses AMAALA, and the AMAALA Hotel.
Additionally, three prominent resorts, Clinique La Prairie Health Resort, Jayasom Wellness Resort, and The Ritz-Carlton Resort, will subsequently open during the latter part of the initial phase.
A New Era of Regenerative Luxury
Positioned along three stunning natural bays where the dramatic Hijaz Mountains meet the Red Sea, this mega-project firmly establishes Saudi Arabia as a new global leader in high-end, regenerative tourism. Specifically, the AMAALA project aims to achieve a considerable 30 percent net conservation benefit for local ecosystems by 2040, focusing on restoring and enhancing biologically rich habitats across the entire development.
Therefore, RSG will limit annual visitors to 500,000 to protect the destination’s pristine environment, ensuring the entire location operates solely on 100 percent renewable energy and eliminating 350,000 tons of carbon dioxide emissions yearly.
Finally, RSG currently spearheads both The Red Sea and AMAALA, two vast, multi-faceted luxury tourism projects spanning thousands of square kilometers of breathtaking islands, coral reefs, and unique volcanic landscapes.
