The two luxury hotels are The St. Regis Red Sea Resort and The Red Sea EDITION.
The agreement will enhance the footprint of Marriott in the kingdom. It operates a portfolio of more than 30 properties across ten brands in the country.
Marriott International Europe, Middle East & Africa chief development officer Jerome Briet said: “These milestone signings illustrate Marriott International’s commitment to the growth of the tourism sector in the Kingdom and highlight increased demand for lifestyle and luxury accommodations and experiences.”
The St. Regis Red Sea Resort will be located on a private island. It is expected to offer 90 villas, Children’s Club, an outdoor pool, two signature restaurants, a fitness centre, and a spa.
The Red Sea EDITION will be located on Shaura, the Red Sea Project’s main island. It will feature 240 guestrooms, including one-, two- and three-bedroom suites.
It is also expected to provide a swimming pool, a fitness centre, a spa, two signature restaurants, and a destination and beach bar.
Both the hotels are expected to open in 2023.
TRSDC CEO John Pagano said: “It is with great pleasure that we welcome Marriott International to The Red Sea Development Company family. Securing globally esteemed and recognized brands such as St. Regis Hotels & Resorts and EDITION operating our luxury resorts is a significant and positive step forward for our flagship destination.
“We are very much looking forward to working hand in hand with Marriott International to deliver unique and immersive guest experiences underpinned by a commitment to enhancing the environment and uplifting local communities as we endeavour to stay true to our regenerative promise.”
The Red Sea Project is a luxury, regenerative tourism destination that is being developed over an area of 28,000km2.
Earlier this month, IHG Hotels & Resorts agreed to introduce InterContinental Resort Red Sea to the project.