Kingdom Holding’s Paris hotel wins top honour
Riyadh, July 7, 2014
Kingdom Holding’s Four Seasons Hotel George V in Paris has been named the ‘Best European City Hotel’ in the 2013 Gallivanter’s Guide for 11 consecutive years.
The George V décor is a combination of classical designs with a modern touch, with its interiors adorned with magnificent tapestries and flowers. It houses the famous Le Cinq restaurant.
Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding acquired the George V in 1996 for $178 million.
A two-year $125 million comprehensive renovation was started in 1997 and was reopened in 1999.
Since its reopening, the hotel has received numerours recognitions for its top notch facilities.
Founded in 1980, KHC is a publicly traded company which was listed on Tadawul (the Saudi Stock Exchange) in 2007.
It is a diversified business organisation respected in the field of investments and recognised as an elite player in the Arabian Gulf region, and internationally.
Its portfolio includes luxury hotels management hotel companies, real estate, hotel real estate investments petrochemical, publishing, entertainment, social media, technology, education, health care, aviation and agriculture. - TradeArabia News Service