Home / Press & Media / Investor News / Kingdom Holding’s George V, Paris Awarded “Best European City Hotel” For 13 Consecutive Years Prince Alwaleed: “George V hotel is the best & most prestigious in the world”

Kingdom Holding’s George V, Paris Awarded “Best European City Hotel” For 13 Consecutive Years Prince Alwaleed: “George V hotel is the best & most prestigious in the world”

June 16, 2016

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 was awarded the “Best European City Hotel” in the 2015 Gallivanter’s Guide for 13 consecutive years.

 

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.