Red Sea Global Business Plan

Red Sea Global engaged 54 to develop its global business plan as the company advances an ambitious giga-project along Saudi Arabia's west coast, spanning a series of islands in the Red Sea.
  • Client
    Red Sea Global
  • Services Rendered
    Financial Planning, Budget, Consumer Analysis, Human Resources & Corporate Structure, Operational Structure
CHALLENGE

Red Sea Global faced the complex challenge of delivering a sports asset within its groundbreaking development that would embody the values of Vision 2030 while ensuring a stable, long-term commercial model for the sports and golf facilities. 54 was tasked with addressing this challenge by developing a comprehensive business plan for Quman Island's sports offering, aligned with Vision 2030 and designed to achieve both community and commercial success.

10 year financial model & budget

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SOlution

54 developed a comprehensive business plan that provided a clear roadmap for the future of Red Sea Global's sports asset. Our work began with in-depth market assessment and consumer analysis of both the local and global landscapes to identify key areas of opportunities aligned with RSG's core values. We then conducted a current state review of the proposed Quman Island facilities, delivering a series of SWOT analyses to inform strategic direction. Building on these insights, we recommended program adjustments and alternative assets designed to enhance the island’s sports offering.

Strategy aligned to key values

In-depth market assessment

CONCLUSION

In addition to strategic recommendations, we proposed an operational structure covering all aspects of RSG’s golf and sports portfolio to drive efficiency and ensure long-term commercial sustainability. This was supported by a 10-year financial model and budget based on robust operational assumptions. Through rigorous research and data-driven insights, 54 delivered a set of actionable strategies that define the future outlook of Quman Island’s sports asset and position it for sustainable success.

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