Four Seasons... Two Partners. Print
Written by admin   
Friday, 10 November 2006 13:37

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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