Hotel Real Estate
Kingdom Holding Company is focused on acquiring exceptional high-value real estate in the Middle East and internationally. The luxury hotel market offers significant opportunity in this area. Our acquisition strategy, which includes restoring and upgrading venerable premier properties such as New York’s Plaza Hotel, London’s Savoy Hotel, and the Four Seasons George V Hotel in Paris, delivers consistently excellent long-term returns.
Among its ever-evolving portfolio, KHC is sole owner of the Four Seasons Hotel in Toronto; holds a majority interest in the Four Seasons Hotel, Scottsdale, Arizona; and maintains a stake in the Fairmont Hotel, San Francisco.
In addition to the hotel real estate owned by KHI, (Kingdom Hotel Investments) KHC currently has a balanced portfolio of hotel properties in upscale, upper-upscale and luxury market segments with ownership interests in 22 properties in 15 countries, including 20 operating hotels and resorts, and two hotels currently under construction.
KHC maintains a constant global watch for additional exceptional investment opportunities in this sector.
The Plaza, New York
KHC holds a controlling interest in The Plaza, one of New York’s most distinctive landmarks. The hotel underwent a $400 million renovation and KHC announced its re-opening in 2009, and placed it under Fairmont Hotels and Resorts management. Previous owners …
Savoy Hotel, London
Kingdom Holding Company acquired the Savoy Hotel in 2005 in partnership with Halifax Bank of Scotland. KHC believed the Savoy, with its iconic status and worldwide reputation, presented an ideal opportunity to replicate the refurbishment and repositioning strategy so successfully …