
RIYADH: Kingdom italy vacation packages Holding Company (KHC), chaired by Prince Alwaleed italy vacation packages bin Talal, announced that Fairmont Hotels and Resorts has purchased the Fairmont Sonoma Mission Inn and Spa, Sonoma County, California for $88 million. KHC owns a stake of 35 percent in Fairmont Hotels and Resorts.
Blessed by natural mineral hot springs in Sonoma Valley, Sonoma County, California and an idyllic, world famous region abundant with local products, including the Willow Stream Spa, championship italy vacation packages Sonoma Golf Course and signature restaurant, the Michelin award winning Sante.
Prince Alwaleed commented: "This strategic acquisition is consistent with Kingdom Holding's investment strategy. We continue to expand our hotel portfolio for further growth and development in the hotels' sector."
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