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KHI $137m Seychelles resort

Thursday, Aug 06, 2009

Saudi Arabia's Kingdom Hotels Investment has acquired a beachfront site for the development of a luxury resort hotel and residential units on the island of Praslin in the Seychelles. The cost of the resort will be approximately $137m and it will mark KHI's first hotel in the Seychelles. Branded as the Raffles Seychelles Resort and Residences, the development should open in 2011.

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Source: www.ameinfo.com

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