By Andy Sambidge
Kingdom Holding says 44 extra luxury room and suites will be provided by project
Plans to expand the luxury Four Seasons Hotel in Riyadh, Saudi Arabia, are now under development, Kingdom Holding Company said on Monday.
The company, owned by Saudi billionaire Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, said an extra 44 rooms and suites would be added as part of the project.
The 48th floor will be converted into two premium accommodation floors with a check-in desk on the 48th floor, as well as the services of a dedicated concierge staff.
The expansion also includes a panoramic elevator, a 90 sq m executive lounge and a unique butler service.
A 90 sq m gym exclusively for women will be situated on the 50th floor which will cater for female guests only.
The revamp will also create the Kingdom Suite which will be the "signature suite" of the hotel situated on both floors covering an area of 330 sq m.
Prince Alwaleed, chairman of Kingdom Holding, said: "The development and expansion projects of our local investments is in line with Kingdom Holding Company's strategic plan."
The expansion followed the completion of an extensive renovation announced earlier this year. The renovation included the hotel and its amenities.
The Four Seasons Hotel Riyadh is under the management of Four Seasons in which Kingdom Holding holds a 47.5 percent stake and is co-owned by Bill Gates' Cascade in which the company also holds a 47.5 percent stake, and 5 percent of the Four Seasons is owned by Isadore Sharp.