June 24 – President Michel Suleiman and Prince Alwaleed bin Talal bin Abdulaziz Alsaud, Chairman of Kingdom Holding Company (KHC) inaugurated the Four Seasons Hotel in Beirut on Tuesday, June 22. The hotel is to be managed by Four Seasons Hotels and Resorts with KHC holding a 47.5 per cent share in it.
Prince Alwaleed saw the opening as promising for the Beirut tourism industry: “Our support for Lebanon on the economic, social and philanthropic fronts is unwavering. We are proud to announce the opening of the FS Hotel, Beirut. This prestigious hotel is another landmark in the region. Beirut is currently one of the most attractive locations for tourism in the region. Lebanon is witnessing economic stability and is attracting global investors.”