Saudi's Kingdom Holding sells Four Seasons Toronto for $171.8mStaff Writer | October 3, 2016
Saudi Arabia's Kingdom Holding sold the Four Seasons Hotel Toronto for CAD 225 million ($171.8 million).
Hospitality Family investment vehicles bought a hotel in Canada
Four Seasons Hotels and Resorts, in which Kingdom Holding owns 47.5 percent alongside a similar stake held by Bill Gates’ Cascade Investment, will continue to operate the Four Seasons Toronto. ■