Kingdom Holding’s hotel posts over SAR 20 million in revenue

30/09/2012 Argaam

Kingdom Holding Company announces that its 50% owned hotel , The Savoy in London (268 guestrooms and suites) continued to realize a strong growth rate since its full year of operation in 2011 which has translated into over 20 million of incremental revenue and a nearly 10% gain in the hotels gross operating profit margin. The Savoy in London continues to uphold its rank as the best hotel UK as per Ultratravel magazine ranking 2012.

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