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Two Years After Its Announcement, 15 Luxury Hotels Have Disappeared From the Official website... A Major Miscalculation in the Saudi Crown Prince's "120km Resort project."

Saudi Arabia's massive resort project has stalled. "Magna," part of Crown Prince Mohammed bin Salman's "Neom" futuristic city plan, envisioned 12 tourist destinations and 15 luxury hotels along a 120-kilometer stretch of the Red Sea coast. Plans included hotels embedded within mountains and a 275-meter-tall tower. However, just two years after its announcement, the 15 luxury hotels have disappeared from the official website, and the allocation o…
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Saudi Arabia's massive resort project has stalled. "Magna," part of Crown Prince Mohammed bin Salman's "Neom" futuristic city plan, envisioned 12 tourist destinations and 15 luxury hotels along a 120-kilometer stretch of the Red Sea coast. Plans included hotels embedded within mountains and a 275-meter-tall tower. However, just two years after its announcement, the 15 luxury hotels have disappeared from the official website, and the allocation o…

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PRESIDENT Online(プレジデントオンライン) broke the news on Tuesday, September 22, 2026.
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