Monday, December 23

Kingdom Holding Opens $164 Million Hotel in Morocco’s Marrakech

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By Mourad Haroutunian

Kingdom Holding Co. (KINGDOM)opened its $164- million Four Seasons hotel in Marrakech during a visit to Morocco by its chairman, Saudi billionaire Prince Alwaleed bin Talal, the company said in an e-mailed statement today.

To contact the reporter on this story: Mourad Haroutunian in Riyadh atmharoutunian@bloomberg.net.

To contact the editor responsible for this story: Shaji Mathew atshajimathew@bloomberg.net.

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