A Hyatt affiliate has signed a management agreement with The Red Sea Development Company (TRSDC) to bring Grand Hyatt to Saudi Arabia’s Red Sea Project.
The property will be the second Grand Hyatt hotel to open in Saudi Arabia and the seventh in the Middle East.
The development represents a key milestone in Hyatt’s growth strategy in the region.
Located on Shaura Island, Grand Hyatt The Red Sea will open as part of the Red Sea Project’s first phase and will be one of the 11 hotels slated to open on the island.
The new hotel will have 430 rooms comprising of a mixture of suites and large standard rooms.
It will also boast ‘world-class’ food and beverage venues, a marina and an 18-hole championship golf course.
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Hyatt Middle East and Africa development regional vice-president Ludwig Bouldoukian said: “Grand Hyatt The Red Sea represents a key milestone within Hyatt’s strategy to expand its luxury resort offering in the Middle East.
“It is an honour to be able to showcase the Grand Hyatt brand in one of the Kingdom’s most innovative tourism developments and become part of this historic moment. Grand Hyatt The Red Sea will be at the forefront of the project, helping shape the island’s unique identity and contribute to a destination that redefines the concept of sustainable luxury.
“The resort will be an extension of Hyatt’s expanding luxury brand offerings, enhancing the way we cater to today’s increasingly diverse travellers who are seeking captivating moments from what will be an iconic destination.”
The agreement with Hyatt is one of the nine partnerships that TRSDC has entered with international hotel brands including EDITION, St Regis, Fairmont, Raffles, SLS, Intercontinental, Six Senses, and Jumeirah.
Last month, TRSDC unveiled plans for its new mountain resort, Desert Rock, in the west of the country.