Home / Press & Media / Investor News / Kingdom Holding’s George V First in Europe to House 3 Michelin-Starred Restaurants Prince Alwaleed: “George V hotel is the best & most prestigious in the world”

Kingdom Holding’s George V First in Europe to House 3 Michelin-Starred Restaurants Prince Alwaleed: “George V hotel is the best & most prestigious in the world”

April 11, 2017

HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) said that “Paris’s Four Seasons Hotel George V is the best and most prestigious in the world” as it becomes the first hotel in Europe to house three restaurants recognized by the coveted Michelin award. The three restaurants announced in the 2017 Michelin Guide were Le Cinq, Le George and L’Orangerie. 

The George V’s restaurants and the hotel’s luxurious interior and architectural design has made it unique. The décor is a combination of classical designs with a modern touch. The hotel’s interiors are adorned with magnificent tapestries and spectacular flowers. 

Prince Alwaleed acquired the George V in 1996 for $178 million. A two-year $125 million comprehensive renovation was started in 1997. The total cost of acquiring the hotel and renovation amounted to $303 million, reflecting the Prince’s dedication to restore the glory of this landmark. 

Since its reopening in 1999, the Four Seasons George V has become internationally-renowned for its top notch services. When the hotel reopened Prince Alwaleed commented saying, “I am confident that the George V with its new look will be the crown jewel of hotels in the world. Great efforts have been exerted to offer the best luxury services. I am sure that guests of the George V will experience unparalleled service.”

About Kingdom Holding Company:

Founded in 1980, KHC is a publicly traded company, which was listed on Tadawul (the Saudi Stock Exchange) in 2007. KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player regionally and internationally.