Kingdom Hotel Investments (KHI), a wholly-owned subsidiary of the Saudi Arabian conglomerate Kingdom Holding Company, has sold its 75 per cent interest in the Fairmont Mount Kenya Safari Club to a private Kenyan company for $18 million, accord
Kingdom Hotel Investments (KHI), a unit of diversified Saudi Arabian conglomerate Kingdom Holding Company (KHC), sold its 75 per cent stake in the Fairmont Mount Kenya Safari Club to a private Kenyan company for SR 68 million ($18.1 million).
FRHI Hotels owners Kingdom Holding Company (KHC) - chaired by Saudi Prince Alwaleed bin Talal - and a Qatar government fund have announced plans to sell the luxury hotel chain, said a report.
The two firms have hired Deutsche Bank and M
Jeddah-based Sisban Holding plans to invest SR1.5 billion ($399.8 million) in the development and management of the first Fairmont hotel in the Saudi Arabian city.
The signing ceremony was attended by Ali Al Sharif, president and
Leading hospitality group FRHI Hotels & Resorts continues to expand its portfolio with the recent signing of two new hotel projects in Egypt and the unveiling of a tri-brand hotel development in Sharm El Sheikh.
The parent com
Work on the five-star Fairmont Bahrain Resort is due to start soon in the Al Jazair Beach area of the kingdom, according to a report.
The new hotel, operated by Fairmont Hotels and Resorts, is set to open by 2018, said the report in the
A new hotel operated by luxury chain Fairmont Hotels and Resorts is set to open on Bahrain's west coast by 2018.
Work on the five-star Fairmont Bahrain Resort is now due to start in the Al Jazair Beach area, said a report in t
Fairmont The Palm, a luxury property on Dubai's Palm Jumeirah island, has partnered with leading marketing specialist SweetBeam to engage with its guests more actively using tailored communication.
SweetBeam will provide the resort
FRHI Hotels & Resorts (FRHI), a leader in hotel management that operates luxury and upscale hotel brands such as Raffles, Fairmont and Swissôtel, has announced the development of seven new hotels in the Middle East, Africa and India (M
International residential and resort developer IFA Hotels & Resorts (IFA HR) has announced the opening of its first property in Dubai, the $330 million beach-front hotel, Fairmont The Palm.
The five-star hotel is the only oper