(MENAFN- Gulf Times) Al Rayyan Tourism Investment Company (Artic), the international hotel investment and hospitality subsidiary of Al Faisal Holding Company, has announced that one of its properties in Egypt, the Four Seasons Hotel Cairo at The First Residence, has been named in 'Conde Nast Traveler's prestigious list of the top 25 hotels in Africa, ranking at No 5.
This recognition is the result of the successful strategic cooperation between Four Seasons Hotels and Resorts, one of the world's top hotel operators, and Artic, one of the leading global hotel investment companies.
The Four Seasons Hotel Cairo at The First Residence is the only hotel in Egypt to have been included in the list.
Sheikh Mohamed bin Faisal al-Thani, Artic vice-chairman said, "We would like to congratulate the Four Seasons Hotel Cairo at The First Residence on this outstanding achievement. It is the first Four Seasons branded hotel to open in the Middle East and to be ranked number five in Africa is recognition of their continuous efforts to provide the highest levels of service, which travellers expect from this high end brand. We have a strong relationship with the Four Seasons and I look forward to further successful collaboration."
Tarek el-Sayed, executive board member, said, "Being ranked so highly by the readers of Conde Nast Traveler is very pleasing and is the result of close cooperation between Artic and our partners. We are committed to providing all necessary support to all our partners so that together we can achieve the best possible results.
"Artic will continue to expand the scope of its investments in line with our growth strategy of building partnerships with the best operators and building an investment portfolio of eminent and distinguished hotels in terms of brand, location and architectural design, so contributing to the future growth of the company."
Established in 2003, Artic is a wholly owned subsidiary of Al Faisal Holding, based in Qatar.
Artic is engaged in real estate development, acquisition and leasing with a primary focus on the hospitality sector and hospitality-related services both in Qatar and overseas.
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