الوليد بن طلال بن عبد العزيز آل سعود‎

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Commercial Real Estate Agent with NNN Brokers USA Commercial Real Estate

الوليد بن طلال بن عبد العزيز آل سعود‎

July 6th, 2010

الوليد بن طلال بن عبد العزيز آل سعود‎ 

06 July 2010
Kingdom Holding, the investment company controlled by Saudi billionaire Prince Alwaleed Bin Talal, and its hotels unit, may sell minority stakes in hotels to focus on higher-earning properties. Kingdom has a "handful" of assets where it owns a 50 per cent stake or less, and it "will assess the viability" of those holdings and may sell them to reinvest in the same industry, Sarmad Zok, chief executive officer of the lodging unit Kingdom Hotel InvestmentsKingdom Hotel Investments

Kingdom Hotel Investments
 News | ProfileOfficers
» Disclosures » Research
» Financials  

 

, told Bloomberg. He declined to identify the properties.

Kingdom owns a 50 per cent stake in the Savoy Hotel in London, 35.5 per cent of the Plaza Hotel in New York (pictured) and 50 per cent of the Fairmont in San Francisco, according to information provided by Kingdom Hotel InvestmentsKingdom Hotel Investments

Kingdom Hotel Investments
 News | ProfileOfficers
» Disclosures » Research
» Financials  

 

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