Saudi's Red Sea developer says signs contracts with 9 hotel brands

RIYADH, Oct 27 (Reuters) - St Regis and Fairmont are among nine international hotel brands that will manage hotels in Saudi Arabia's Red Sea area, The Red Sea Development Co said on Wednesday.

Management contracts were signed with Marriott International (MAR) , Accor, Hyatt Hotels (H), IHG Hotels & Resorts and Dubai-owned Jumeirah Hotels & Resorts, it said in a statement. (Reporting by Yousef Saba and Saeed Azhar Writing by Alexander Cornwell Editing by Jason Neely)

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