Kingdom Hotel Investment Group (KHI), chaired by Prince Alwaleed bin Talal, and Jassim Mohammed AlBahar have signed a $26.2 million strategic alliance agreement.
The money will be used to purchase shares in KHI and in the Four Seasons Beirut hotel project currently under development. The two sides have also agreed that International Financial Advisors (IFA), chaired by Jassim AlBahar, will invest an additional $24 million in other KHI hotel projects.
TTN is the most established trade publication in the Middle East distributed on a controlled circulation basis to members of the travel and tourism industry.
Published monthly by Al Hilal Publishing and Marketing Group, the region’s foremost trade publisher, TTN is aimed at professionals in the industry, from travel agents to airline and hotel personnel.
TTN provides in-depth and extensive coverage of relevant issues in the Middle East and North Africa as well as in other parts of the world. Travel related news, analysis, and new appointments together with information on up-coming exhibitions, marketing and promotional campaigns are presented in an innovative and striking colour tabloid.
Every issue also contains a collation of international and regional news and topical features of interest to readers.