George V Paris hotel receives top honour.
Four Seasons Hotel George V, Paris, a French luxury hotel owned by the Kingdom Holding Company (KHC) in Saudi Arabia, was awarded "Best Hotel in the World for Service" in the Conde Nast Traveller Readers' Travel Awards.
Four Seasons received 22 awards collectively across the portfolio, including seven hotels named in the Top 100.
The George V's luxurious and elegant interior and architectural design is a combination of classical designs with a modern touch. The hotel's interiors are adorned with magnificent tapestries and spectacular flowers and also houses the famous Le Cinq restaurant that provides guests with an exceptional experience.
HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of KHC, acquired the George V in 1996 for $178 million. A two-year $125 million comprehensive renovation was started in 1997. The total cost of acquiring the hotel and renovation amounted to $303 million.
Since its reopening in 1999, the Four Seasons George V has become internationally-renowned for its top notch services. The hotel was awarded the "Best European City Hotel" in the 2013 Gallivanter's Guide for 11 consecutive years.
Furthermore, George V was ranked 'Best City Hotel Worldwide' for eight consecutive years, and ranked 'Best European City Hotel' for 10 consecutive years in Gallivanter's Guide.
Founded in 1980, KHC is one of the world's most diversified business organisations and recognised as an elite player in the Arabian Gulf region, and internationally. The company is recognised as one of the largest foreign investors in the US. KHC's portfolio has its major interests in investment categories ranging from luxury hotels management hotel companies such as Four Seasons Hotels and Resorts, Fairmont Raffles Holding International and Movenpick Hotels; and real estate such as Kingdom Tower project in Jeddah and Kingdom Riyadh project, Saudi Arabia. - TradeArabia News Service
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