Home / Press & Media / Investor News / Four Seasons “Best Hotel Group Worldwide” in Gallivanter’s Guide KHC owns a 47.5% stake in the Four Seasons

Four Seasons “Best Hotel Group Worldwide” in Gallivanter’s Guide KHC owns a 47.5% stake in the Four Seasons

April 26, 2016

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) said that “This is an important achievement for Kingdom Holding” as Four Seasons Hotels & Resorts was voted “Best Hotel Group Worldwide” in Gallivanter’s Guide.

 

Moreover, KHC owns a 47.5% stake in the Four Seasons which is co-owned by Bill Gates’ Cascade with a 47.5% stake, and the remaining 5% is owned by Mr. Isadore Sharp.

 

Recently, Prince Alwaleed had met with Mr. Allen Smith, CEO Four Season Hotels and Resorts and Mr. Randy Jack, Cascade Investments during HRH’s visit to France. The meeting was also attended by Mr. Sarmad Zok, Chairman and CEO of Kingdom Hotel Investments (KHI) and Member of KHC’s Board of Directors.

 

The Four Seasons Hotels and Resorts, which opened its first hotel in 1961, is a tale of continual innovation, remarkable expansion and a single-minded dedication to the highest of standards. The Canadian-based company has, for nearly 50 years, transformed the hospitality industry by combining friendliness and efficiency with the finest traditions of international hotel keeping. In the process, Four Seasons has redefined luxury for the modern traveler.