Family resort in the large Coraya Bay Campus including a number of hotels by Jaz and by Steigenberger.
Facilities (beaches, beach bars, umbrellas, scuba diving, sports activities, theatres, water park..) are shared among hotels, which is good.
Jaz Maraya is fairly new, so the rooms and facilities are also up to date (I would have preferred less modern furnished rooms, e.g., with ethnic wooden furniture, but that's personal taste).
Rates are good indeed (92EUR/night/room tax with hard all-inclusive in January).
Super friendly staff, very helpful and full of care. Despite not clearly advertized as a family hotel, there are lots of services and games.
The water park with slides and warm water pools is an amazing plus.
Coraya Divers is an excellent SSI PADI diving centre, very professional, maybe a bit expensive. Unfortunately the house reef (above all southbound) is suffering. The trip programme is very rich indeed.
Location is very convenient, 7min drive from apt.
To be improved: you can eat and drink only at your own hotel's main restaurant and beach restaurant ( 1 bonus dinner elsewhere). This can get boring for longer stays, also because dinners are good quality but not that varied. Also drinking should be allowed everywhere, since i.e. evening shows are different at different locations.
To be improved: english-speaking skills by reception and coordination staff.
Nevertheless, also considering the rates, this is really a great option for a sun break at the Red Sea!