The PIF owned Boutique Group, which specializes in transforming historic Saudi palaces into luxury hotels, is set to open its highly anticipated Red Palace in April 2026.
Located in old Riyadh, this luxury boutique hotel is due to feature 70 elegantly designed rooms and suites with butler services and world class restaurants
This project aligns with Saudi Arabia’s vision to elevate its hospitality sector while preserving its rich cultural history.
Opening of the Red Palace Hotel
For over seven decades, the Red Palace has stood as a silent witness to the Kingdom’s history, serving as the residence of King Saud bin Abdulaziz. Its halls echoed with the footsteps of royalty and the whispers of diplomatic discussions that shaped the nation.
Now, this architectural gem is set to begin a new chapter, opening its doors to discerning travelers seeking an authentic taste of Saudi luxury.
The decision to repurpose this historic structure aligns with global trends in heritage conservation and luxury hospitality. By breathing new life into the palace, the Boutique Group is preserving a piece of Saudi history and creating a unique destination that cannot be replicated elsewhere.
The Historic Red Palace
Nestled in the heart of old Riyadh, the Red Palace stands as a significant landmark. It was the first structure in the city to be built using reinforced concrete, earning its name from its distinctive reddish color.
In 1957, the palace was designated as the headquarters of the Council of Ministers, serving in this role for three decades. Later, it became home to the Board of Grievances, a function it fulfilled until 2002.
Luxurious Rooms and Suites
The hotel will feature 70 meticulously designed rooms and suites, each offering a unique blend of traditional Saudi aesthetics and modern luxury. Guests can expect spacious layouts, premium furnishings, and state-of-the-art technology seamlessly integrated into the historical architecture.
The room categories will include:
- 26 Deluxe Rooms: Offering generous space and elegant decor
- 25 Luxury Guest Rooms: Featuring separate living areas and enhanced amenities
- 44 Luxury Suites: Providing the ultimate in luxury with multiple rooms and exclusive services
Facilities at the Red Palace Hotel
Recognizing the importance of holistic well-being, the hotel will feature state-of-the-art wellness and recreation facilities designed to rejuvenate both body and mind.
Eight world-class spas will offer a haven of tranquility within the bustling city. Treatments will combine traditional Arabian healing practices with modern wellness techniques, providing guests with a truly unique and rejuvenating experience.
Event and Conference Capabilities
The hotel’s seven event and conference facilities are designed to cater to a wide range of functions, from intimate gatherings to large-scale corporate events and weddings.
Various meeting rooms and conference halls will be available, equipped with the latest audiovisual technology and adaptable to different seating arrangements. These spaces are designed to accommodate everything from board meetings to international conferences.
Boutique Group’s Innovative Approach
At the helm of this transformative project is the Boutique Group, a subsidiary of the Public Investment Fund (PIF) of Saudi Arabia. The group’s specialization in converting historic and cultural palaces into exquisite boutique hotels sets it apart in the hospitality industry.
This unique focus allows the Boutique Group to create unparalleled guest experiences deeply rooted in the country’s heritage.
By doing so, the Boutique Group contributes to the conservation of Saudi Arabia’s architectural heritage and creates new economic opportunities in the tourism sector.
Aligning with Saudi Vision 2030
The transformation of the palace aligns perfectly with the objectives of Saudi Vision 2030, the Kingdom’s ambitious plan for economic diversification and reduced dependence on oil.
By investing in the tourism and hospitality sectors, Saudi Arabia aims to create new revenue streams and job opportunities for its citizens.
This project exemplifies how historical preservation can go hand-in-hand with economic development. It demonstrates Saudi Arabia’s commitment to showcasing its cultural wealth to the world while building a robust and diverse economy for the future.
Redefining Hospitality in Saudi Arabia
By seamlessly blending historic preservation with modern luxury, Boutique Group has created a unique destination that honors the Kingdom’s past while looking confidently toward its future.
The opening of the Red Palace project marks the beginning of a new chapter in luxury travel that promises to redefine perceptions of Saudi Arabia and set new benchmarks for cultural authenticity in high-end hospitality.
More New Hotel Developments in Riyadh
Hilton Riyadh Olaya’s Opening
Hilton has launched its luxurious Hilton Riyadh Olaya in the center of Riyadh along King Fahd Road.
The hotel boasts 239 upscale guest rooms with impressive city views and offers unique facilities along with a variety of dining options, including the Greek-inspired Parea Brasserie.
This new addition further expands Hilton’s portfolio of luxury properties in Riyadh.
Novotel Riyadh Sahafa Hotel
The new Novotel Riyadh Sahafa Hotel, located in the lively Al Sahafa district of Riyadh, has been opened by Accor for guests.
Hessa Al Mazroa, the first female General Manager in the country for Accor, leads the hotel, which is conveniently situated near the King Abdullah Financial District (KAFD) and just 15 km from King Khalid International Airport.
With 232 luxurious and contemporary rooms and suites, a top-notch fitness center, an outdoor pool, a variety of dining options, and impressive views of Olaya Street, one of the bustling streets of Riyadh, the hotel is a prime destination for guests.
This marks Accor’s 9th Novotel property in Saudi Arabia as they continue to expand in the country.
Accor TRIBE and TRIBE Living
Naif Alrajhi Investment, in collaboration with the international hotel group Accor, has revealed plans to bring the first TRIBE and TRIBE Living properties to the Middle East within the King Salman Park Project in Riyadh.
The TRIBE hotel will feature 250 rooms, offering a rooftop dining area, wellness amenities, and meeting spaces.
TRIBE Living will present 150 serviced apartments that combine striking design with practical living.
This initiative is set to transform the landscape of modern hospitality and enhance Riyadh’s reputation as a leading luxury destination for both leisure and business.
Radisson Collection Residence Hotel
Radisson Hotel Group and Zamil Group have partnered to open of a five-star Radisson Collection Residence Hotel in Riyadh at the end of 2024.
This will mark the first Salmani architectural tower in Saudi Arabia, situated on the famous King Fahad Road.
The hotel is set to boast 170 luxurious rooms and suites, including 8 penthouses and 4 villas, as well as a rooftop swimming pool offering stunning views of the city.
This will be the 10th property of Radisson in Riyadh, in line with the city’s growing popularity as a global hub for both business and leisure.
Marriott W Riyadh
Marriott International and King Abdullah Financial District have reached an agreement to introduce the W Hotels brand to Riyadh’s KAFD.
The upcoming establishment, named W Riyadh, is set to launch in 2025 and will feature 210 lavish rooms and suites, as well as 7 diverse dining options and spacious event venues, including signature W brand areas such as the AWAY Spa and FIT fitness center.
This collaboration is in line with KAFD’s goal to become the most renowned and cutting-edge business district globally, which is currently housing Saudi Arabia’s Public Investment Fund and various multinational companies.
IHG and Regent Hotels Luxury Hotels in KAFD
IHG Hotels & Resorts will be expanding their presence in Riyadh’s King Abdullah Financial District (KAFD) with the opening of two new luxury hotels – Regent Riyadh KAFD and InterContinental Riyadh KAFD by January 2027,
Visitors will have the opportunity to experience the stunning architecture of KAFD and dine at world-class restaurants in the world’s largest LEED-certified mixed-use business district when IHG’s first KAFD hotel, Kimpton at KAFD, opens later this year.
The Rotana Group Hotels
The Rotana Hotel Group has announced its plans to double its presence in Saudi Arabia by launching 8 new hotels within the Kingdom in the upcoming four years.
This announcement was made during the recent Saudi Tourism Forum held in Riyadh to expand to a total of 16 properties and 4,400 guest rooms. The growth plan encompasses the development of new hotels in Riyadh, Madinah, Khobar, and Al Baha.
These hotel developments will redefine luxury hospitality standards and contribute to Saudi Arabia’s vision of becoming a leading global tourism destination.
Keep Reading: Accor to Introduce the First TRIBE and TRIBE Living in Riyadh, Saudi Arabia
