Prince Alwaleed opens Raffles Seychelles
Victoria, May 29, 2013
Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC), recently inaugurated The Raffles Seychelles Resort and Residences.
The property is located on the northeast tip of Praslin Island, the second largest island in the Seychelles.
The inauguration was attended by Simon Hirst, general manager, Raffles Seychelles Resort and Residences, and a delegation from KHC.
The Raffles Seychelles Resort and Residences, built at a cost of $137 million, includes a 90-villa resort hotel and 17 private residential villas. The property is managed by Fairmont in which KHC owns a 38 per cent stake. – TradeArabia News Service