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Item ID 133094309 in Category: Communities - News & Events

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Red Sea Global, a developer, ventures into hotel management


Red Sea Global, backed by the formidable Public Investment Fund (PIF) of Saudi Arabia, is making waves in the hotel business with ambitious projects that rival the market values of industry giants like Hilton, Marriott, and Accor combined. With a portfolio that includes the luxurious Sheybarah overwater villa project, a mountain-tucked 60-room luxury hotel, and the sprawling Thuwal private island near Jeddah, Red Sea Global is redefining hospitality in the region.

Under the stewardship of Sebastien Carre, formerly of Four Seasons, who brings over two decades of industry experience, Red Sea Global Hospitality is poised for rapid expansion. The company plans to open 16 hotels by 2025 and a further 34 by 2030, leveraging its ties to the PIF, which boasts assets worth over $600 billion.

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Target State: California
Target City : Carlsbad
Last Update : Nov 01, 2025 6:36 AM
Number of Views: 17
Item  Owner  : fortuneviews
Contact Email: (None)
Contact Phone: (None)

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2025-11-01 (0.734 sec)