Bill Gates will purchase a majority stake in the Four Seasons hotel chain for $2.21 billion, the company announced Wednesday.
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Four Seasons is one of the most highly recognized and highly rated luxury hotel brands in the world. Guests can count on exceptional service and fabulous accommodations.
Four Seasons shareholders took the company private in 2007, when it managed 74 hotels, with Gates and Alwaleed leading the deal. The new owners expanded the company's footprint to more markets in a bid to capitalize on what was then a booming market for luxury travel.
Hilton (brand value down 2% to US$11.7 billion) retains its title as the world's most valuable hotel brand, according to the latest report from leading brand valuation consultancy, Brand Finance.
Marriott InternationalMarriott is the largest hotel chain in the world by the number of available rooms. It has 30 brands with 7.642 hotels including 1.423. 044 rooms in 131 countries and territories. Between 2020 and 2021 the number of Marriott International rooms increased from 1.358.
The world's top hotel chain is Marriott International. As the largest in the world by the number of rooms, it encompasses 30 brands with more than 6,500 hotels in 131 countries and territories.
Rambagh Palace in Jaipur has claimed the title of the world's best hotel. This magnificent palace, originally built in 1835, has been transformed into a luxurious property and is known as The Jewel of Jaipur. It is managed by Taj and owned by the Royal Family.