Prime Minister of Bahrain, Prince Khalifa bin Salman Al Khalifa to Acquire 60% of Kempinski Hotels

In an exclusive interview with hotelandrest.com, an inside source unveiled details regarding ongoing negotiations between the Prime Minister of Bahrain Prince Khalifa bin Salman Al Khalifa, who currently owns 20% of Kempinski Hotels, and the international hotel group Kempinski Hotels.
Present negotiations discuss King of Thailand, Bhumibol Adulyadej who currently holds 80% ownership of the hotelier group to sell a majority of his shares for an estimated value of 1 billion Euros. Following the negotiations, King Bhumibol Adulyadej will continue to hold 20% ownership in Kempinski Hotels.┬áThe source further elaborated that King Bhumibol Adulyadej, Head of State of Thailand is recognized as the longest serving king of Thailand having reigned over the country for 70 years. The King is assumed to be the wealthiest ruler of the world with an estimated fortune of 30 Billion US Dollars. King Bhumibol Adulyadej was recently diagnosed with Parkinson’s Disease at the age of 88.┬áKempinski Hotels was founded in 1897 and owns, operates, and manages 112 hotels and luxury resorts around the world.

filed under: Uncategorised

0 thoughts on “Prime Minister of Bahrain, Prince Khalifa bin Salman Al Khalifa to Acquire 60% of Kempinski Hotels”

Comments are closed.