Travel Daily

Gates takes Four Seasons stake


Microsoft co-founder Bill Gates will hold more than 70% of the Four Seasons hotel chain, after agreeing to buy half of Saudi Prince Alwaleed bin Talal’s stake in the upmarket hospitalit­y group.

The US$2.21 billion deal is expected to settle in Jan 2022, with the company saying it marks a “pivotal point in the evolution of Four Seasons”.

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