Saudi’s Kingdom Holding sells 50% stake in Mauritius resort to JV partner

Kingdom Holding, owned by Prince Alwaleed Bin Talal, sold its stake in Four Seasons Resort Mauritius to Sun Resorts.



The hotel unit of Saudi Arabia’s Kingdom Holding has sold its 50 per cent stake in Four Seasons Resort Mauritius to its joint-venture partner Sun Resorts, the investment firm owned by billionaire Prince Alwaleed bin Talal said.

Kingdom Hotel Investments, a wholly owned subsidiary of Kingdom Holding, did not disclose the value of the deal in an emailed statement on Monday.

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