February 2, 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 '2015′s Best Hotel Company to Work For' by Hotelier Middle East Salary Survey.

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.

In 2015, Prince Alwaleed had met with the representative of Bill Gates' Cascade, Mr. Sarmad Zok, Chairman and CEO of Kingdom Hotel Investments (KHI) and Member of KHC's Board of Directors, Mr. Mohammed Fahmi, Executive Board Member and KHC's CFO and Mr. Isadore Sharp, Chairman of Four Seasons.

This month, HRH also met the representative of Bill Gates' and Mr. Allen Smith, CEO of the Four Seasons in the presence of KHC representatives Mr. Sarmad Zok and Mr. Mohammed Fahmi.

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.

Kingdom Holding Company issued this content on 02 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 February 2016 10:41:24 UTC

Original Document: http://www.kingdom.com.sa/four-seasons-voted-best-hotel-company-to-work-for-in-2015-khc-owns-a-47-5-stake-in-the-four-seasons