Red Sea Global (RSG), the visionary developer spearheading the regenerative tourism havens, The Red Sea and Amaala, proudly announces the establishment of 21 subsidiaries by the close of 2023. This achievement solidifies RSG's standing as one of the Kingdom's fastest-growing organizations, playing a pivotal role in realizing the objectives outlined in Vision 2030.
In a momentous development in 2023, The Red Sea destination welcomed its inaugural guests, marking a pivotal milestone for RSG and the burgeoning tourism sector in the Kingdom. Additionally, the company introduced its third destination, Thuwal Private Retreat, further expanding its burgeoning portfolio along the picturesque Red Sea coast.
John Pagano, Group CEO of RSG, emphasized the company's commitment to responsible tourism, stating,
Our mission to develop new destinations as beacons of responsible tourism, showcasing the best in sustainable and regenerative development, gains unprecedented urgency as our planet continues to face challenges in relation to the climate crisis and biodiversity loss. Our resorts are representative of positive change, supporting local communities, preserving cultural heritage, and contributing to the conservation and enhancement of the environment.”
Pagano continued,
We are truly excited by our accomplishments to date and are confident that our goals for 2024 and beyond will continue to push boundaries and shape the future of regenerative tourism. Together, our dedicated workforce and committed partners are determined to continue driving economic growth, creating job opportunities, protecting and regenerating environments, while delivering unforgettable experiences for our guests at The Red Sea, Amaala, and future destinations.”
The allure of RSG's destinations lies in their untouched landscapes, rich biodiversity, enticing cultural heritage, and world-class hospitality offerings. New experiential brands such as Akun, Galaxea, and WAMA are contributing to unlocking these elements sustainably, providing guests with truly unique and memorable moments as they explore the unexplored.
In line with the global shift towards sustainable travel, RSG announced its 'Coral Commitment' in 2023, pledging to protect and regenerate corals in the Red Sea and beyond. The company introduced the new brand for its marine life institute at Amaala, named Corallium, and shared the successful results of phase one of its Coral Gardening Pilot Project.
To further its commitment, RSG is set to receive a million-dollar coral breeding lab in 2024, enabling its team of scientists to produce juvenile coral throughout the year. The developer has also successfully opened its first mangrove nursery, with the aim to plant 50 million mangrove trees by 2030, and developed over 20 acres of new wetlands through its sustainable approach to utilities.
RSG proudly declared the installation of over 760,000 photovoltaic panels across five solar farms, making phase one of The Red Sea fully off-grid, solely powered by sunlight.
Six Senses Southern Dunes, The Red Sea, and St. Regis Red Sea Resort are already operational, with Nujuma, a Ritz-Carlton Reserve, gearing up to welcome its first guests. The Shebara resort has completed the installation of all 38 stainless steel overwater villas and 35 beach villas. The resort at Desert Rock remains on track to open its doors later this year.
Red Sea International Airport (RSI) has been operational since September 2023, receiving a regular schedule of domestic flights and catering to over 11,500 passengers.
Looking ahead to 2025, RSG anticipates the completion of 11 luxury hotels on Shura Island and the finalization of the main terminal at RSI. Amaala's Triple Bay is poised to welcome its first guests in 2025, featuring the opening of eight hotels, the unique Corallium marine life institute, and the iconic Yacht Club.
RSG's progress on the ground is evident as destinations come to life, with a sustainability-focused Staff Village unveiled in 2023 to accommodate those living and working at the destination. Five international operator brands, including Six Senses and Clinique La Prairie, were revealed in 2023, with more hotel partners expected to be announced in the coming months.
In conclusion, Red Sea Global's remarkable achievements in 2023 and ambitious goals for 2024 underscore its commitment to responsible tourism, sustainable development, and environmental conservation. With successful openings, innovative initiatives, and a growing portfolio, RSG is shaping the future of regenerative tourism in Saudi Arabia, providing unique and unforgettable experiences at The Red Sea, Amaala, and beyond. As the developer continues to push boundaries, it stands as a beacon of positive change, contributing to economic growth, job creation, and the preservation of natural environments in the Kingdom.
