Globant partners with Red Sea Global to Reinvent Sustainable Luxury Tourism Experiences in Saudi Arabia
Rhea-AI Summary
Globant (NYSE: GLOB) has partnered with Red Sea Global (RSG) to develop a digital program transforming visitor experiences at Saudi Arabia's luxury tourism destination, The Red Sea. The initiative integrates artificial intelligence, IoT, and data analytics to create personalized, real-time interactions for visitors.
The project aims to set new global standards for connected visitor experiences, combining luxury tourism with sustainability. The Red Sea destination currently features five operational world-class resorts, with 11 more planned to open in 2025. By 2030, the destination will expand to include 50 resorts, 8,000 hotel rooms, and 1,000 residential properties, along with luxury amenities.
The partnership aligns with Saudi Arabia's Vision 2030 strategy, focusing on sustainable and technologically advanced tourism. The platform will be available for adoption by destinations worldwide, potentially revolutionizing how travelers interact with destinations and Online Travel Agencies operate.
Positive
- Partnership with major Saudi tourism project aligned with Vision 2030
- Potential for global expansion of the platform technology
- Access to large-scale project: 50 resorts, 8,000 hotel rooms by 2030
- Technology implementation in growing luxury tourism market
Negative
- None.
News Market Reaction – GLOB
On the day this news was published, GLOB gained 1.34%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
- Globant and Red Sea Global collaborate on a pioneering project that integrates luxury and ultra-premium tourism experiences within a unique sustainable ecosystem.
- The Connected Visitor Experience aims to revolutionize luxury travel using AI, IoT, and data analytics, setting a new benchmark for personalized travel experiences.
The collaboration leverages Globant's expertise in digital innovation to deliver a seamless, immersive, and personalized journey for every visitor to Red Sea Global's world-class destination, The Red Sea. This initiative aligns with
Sultan Moraished, Group Head of Technology and Corporate Excellence of Red Sea Global, noted, "The Red Sea destination represents a bold vision for the future of tourism, one that combines luxury, technology, and sustainability in perfect harmony. With Globant as our partner, we are taking an important step toward delivering a connected experience that will serve as a benchmark not just for the region but for destinations around the world".
The program centers around a robust, digitally enabled ecosystem that integrates advanced technologies such as artificial intelligence, IoT, and data analytics. This connected visitor experience will provide intuitive, real-time interactions tailored to individual preferences, ensuring a truly memorable stay at The Red Sea's luxury resorts, islands, and attractions.
Federico Pienovi, CBO & CEO of New Markets at Globant, stated, "This partnership with Red Sea Global demonstrates how technology can redefine tourism by placing the visitor at the center of an ecosystem designed for convenience, personalization, and sustainability".
The ambition of the platform extends beyond The Red Sea destination. It aims to become the gold standard for connected visitor experiences globally, making it available for adoption by destinations worldwide. This partnership will pioneer new benchmarks in digital engagement revolutionizing how travelers interact with destinations and how Online Travel Agencies work.
The Red Sea is a pioneering, luxury tourism destination situated on the west coast of
The destination is at the forefront of the global transition towards regenerative tourism – going beyond sustainability to have a regenerative impact on the environment, society, and the economy. Technology will play a key role in ensuring seamless visitor interactions while preserving the region's natural beauty and cultural heritage.
Laura Hernandez Gonzalez, Managing Director of MENA at Globant, added: "This partnership with Red Sea Global reflects our shared vision for innovation-driven growth in tourism. By leveraging Globant's cutting-edge technology and deep industry expertise, we are redefining luxury tourism experiences enabling the region to set a global standard."
About Globant
At Globant, we create the digitally-native products that people love. We bridge the gap between businesses and consumers through technology and creativity, leveraging our expertise in AI. We dare to digitally transform organizations and strive to delight their customers.
- We have more than 29,900 employees and are present in 34 countries across 5 continents, working for companies like Google, Electronic Arts, and Santander, among others.
- We were named a Worldwide Leader in AI Services (2023) and a Worldwide Leader in Media Consultation, Integration, and Business Operations Cloud Service Providers (2024) by IDC MarketScape report.
- We are the fastest-growing IT brand and the 5th strongest IT brand globally (2024), according to Brand Finance.
- We were featured as a business case study at Harvard, MIT, and Stanford.
- We are active members of The Green Software Foundation (GSF) and the Cybersecurity Tech Accord.
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About Red Sea Global
Red Sea Global (RSG) is a vertically integrated real estate developer with a diverse portfolio across tourism, residential, experiences, infrastructure, transport, healthcare, and services. This includes the luxury regenerative tourism destinations The Red Sea, which began welcoming guests in 2023, and AMAALA, which remains on track to welcome first guests in 2025.
A third destination, Thuwal Private Retreat, opened in 2024 and RSG has also been entrusted with refurbishment works at Al Wajh Airport, focused on upgrading the existing terminal and infrastructure, and building a new international terminal.
RSG is a PIF company and a cornerstone of
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SOURCE Globant
FAQ
What is the scope of Globant's (GLOB) partnership with Red Sea Global?
How many resorts will The Red Sea destination have by 2030 under GLOB's technology platform?
What technologies is GLOB implementing in The Red Sea tourism project?
How many new resorts are planned to open in 2025 at The Red Sea destination using GLOB's platform?
What is the current status of resort operations at The Red Sea destination where GLOB's technology will be implemented?
