Saturday 23 November 2024
 
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Swissôtel Kunshan

Kingdom sells Chinese resort for $60.6m

Kingdom Hotel Investments (KHI), a unit of diversified Saudi conglomerate Kingdom Holding Company (KHC), said it has sold its stake in Swissôtel Kunshan, a luxury resort in China, to Malaysian group TA Global for $60.6 million. After tran

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Kingdom sells Chinese hotel for $61m

Kingdom Hotel Investments (KHI), a top hotel and resort acquisition and development company, said it has sold its stake in Swissôtel Kunshan, China, for $61 million to Malaysian property developer TA Global. Dubai-based KHI is a subsi

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