who owns the savoy london
The Savoy in London is owned by a partnership of Middle Eastern investors: Katara Hospitality (Qatar) and Kingdom Hotels/Prince Alwaleed bin Talal (Saudi Arabia), with Fairmont (part of Accor) managing the hotel.
Who owns The Savoy London?
- The Savoy Hotel was sold in 2004 to Saudi prince Alwaleed bin Talal, via his vehicle Kingdom Hotels International.
- Management of the hotel was given to Fairmont Hotels & Resorts, which brands it as βThe Savoy, A Fairmont Managed Hotel.β
- Katara Hospitality, a Qatari state-backed hospitality company, later acquired a 50% stake in the Savoy, giving full ownership of the property to Middle Eastern investors split between Qatari and Saudi interests.
In practical terms, guests experience The Savoy as a Fairmont/Accor-operated luxury hotel, but the underlying ownership sits with these Qatari and Saudi investment entities.
Quick timeline snapshot
- 1889 β Savoy opens, owned by the DβOyly Carte family.
- 1998 β Sold to The Blackstone Group (private equity).
- 2004 β Sold on to Quinlan Private, then to Prince Alwaleed bin Talal (Kingdom Hotels), with Fairmont as manager.
- By 2020 β Katara Hospitality purchases the remaining 50%, resulting in joint Middle Eastern ownership (Qatar and Saudi Arabia).
Information gathered from public forums or data available on the internet and portrayed here.