Friday 29 August 2014
 
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London hotel

KHC signs $311m refinancing deal for Savoy

A subsidiary of Saudi Arabia's Kingdom Holding Company last week agreed to refinance the debt it used to buy London's Savoy Hotel with a new 200 million-pound ($311 million) loan, it said on Saturday. Breezeroad is 50 per cent

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KHC signs $311m refinancing deal for Savoy

A subsidiary of Saudi Arabia's Kingdom Holding Company last week agreed to refinance the debt it used to buy London's Savoy Hotel with a new 200 million-pound ($311 million) loan, it said on Saturday. Breezeroad is 50 per cent

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Indian group buys London hotel for $726m

Indian diversified group Sahara India said its unit Aamby Valley has purchased London's Grosvenor House hotel from the Royal Bank of Scotland for 470 million pounds ($726 million). Sahara said in a statement the acquisition would help the

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London hotel targets Mideast businesswomen

London-based Dukes Hotel, owned by Dubai-based Seven Tides, is targeting female business and leisure guests from the Middle East with the introduction of special 'Duchess Rooms' with a personal touch. The five-star property wi

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