Ritz-Carlton Reserve has only six properties in destinations including Thailand, Indonesia, Puerto Rico, and Mexico
The projects will add more than 2,000 rooms to the company’s portfolio within the country
W Al Marjan Island will include 300 rooms and is slated to open in Ras Al Khaimah in 2027
The 165-key property is located within Saudi Arabia’s Eastern Province
This is GII’s first property development project with a global hospitality provider and its second residential investment in the UK
The 31-storey hotel will feature 318 guestrooms, including 26 suites and an Extreme Wow Suite
The nine hotels are part of the 16 properties currently under development in the first phase of the project
The PIF is looking into “any opportunity” arising from the economic wreckage of the crisis, its governor said in April