The Preferred Guest

The Blog for the Luxury Traveller

Friday
Jul 04th
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Business

Four Seasons... Two Partners.

Have seen a lot in this luxury environment we write and live in.

Yet, new things seem to surprise us more. Bill Gates is partnering in owning the Four Seasons Hotels. Hey! Is this a giant turn for the Technology tycoon or a strategic move to enter in a different way in the Travel/Destination Industry.

Analysts, say both.

In fact, Gates’s personal investment company Cascade is teaming with Saudi Prince Al-Waleed’s group, Kingdom Hotels International, and submited an offer of $3.7bn for the hotel chain. The chain has 71 hotels, mostly in the US and Asia and some in the Middle East and Europe.

Related links: http://www.fourseasons.com

 

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