The Ritz -Carlton, a leading hotel and resort brand, will manage a luxury resort within the Resort Cove district of King Abdullah Economic City (KAEC) in Saudi Arabia.
Emaar, The Economic City (Emaar.E.C), the firm developing KAEC, and The Ritz -Carlton have signed a memorandum of understanding (MoU) in this regard.
Scheduled to open in 2011, the luxury beachfront resort will feature a combination of luxurious guestrooms and private villas designed to meet The Ritz Carlton standard with a choice of dining experiences, a world-class fitness centre and spa, beach and other outdoor leisure facilities, and banqueting facilities.
The planned luxury residential villas will also have access to the services of The Ritz-Carlton, including daily maid service, valet, 24-hour room service, and extensive fitness and facilities.
The new resort will be located on a 180,000 sq m plot of prime beachfront property.
The Resort Cove is a gated development situated along a 4 km stretch of virgin coastline along the Red Sea. The Resort Cove includes Esmeralda, a unique villa and townhouse community, the first of its kind in Saudi Arabia. Esmeralda will feature over 2,000 villas and townhouses nestled alongside a world-class 18 whole golf course. The community will also feature an exclusive town center, club house and several retail and leisure outlets.
Fahd Al-Rasheed, bgoard member and chief executive officer of Emaar E.C, said: “The agreement with The Ritz-Carlton reiterates the on-schedule development of KAEC, by bringing in world-class partners for the operation of the various components of the mega-project. The Resort Cove district will be a vibrant value addition to KAEC, and will encourage investments in the hospitality & leisure sector. The Ritz-Carlton has proven reputation and standards of service excellence that will further complement our objective of providing an integrated quality lifestyle to KAEC residents and visitors.”
Established in 1983, The Ritz-Carlton currently operates over 71 hotels worldwide in 23 countries with plans for further expansion in the Middle East and internationally. The Ritz-Carlton Hotel Company is an independently operated division of Marriott International. - TradeArabia News Service