Skift Take

Saudi's Prince Al Waleed has invested in - or bought - some of the world's most famous hotels, including The Plaza in New York and Four Seasons in Paris. Now, he's adding hotels in his own country.

Saudi billionaire and royal family member Al Waleed bin Talal Al Saud has snapped up a 50% stake in the upcoming Four Seasons resort in the ultra-luxurious Red Sea project in Saudi Arabia for $266 million, according to a release from Red S