Saudi Arabia

Saudi tourist with fleet of gold cars faces parking fines worth about £320

A tourist from Saudi Arabia with his flashy fleet of gold vinyl wrapped supercars worth around 1m ($1.44m) parked in Knightsbridge area in central London attracted many onlookers and hundreds of pounds in parking fines as well.

The fleet, said to be owned by Saudi billionaire Turki Bin Abdullah, included a 370,00 six-wheel off-roader Mercedes G63, a Bentley Flying Spur worth 220,000 that hits a top speed of 200mph, a two-door version of Rolls-Royce Phantom Coupe worth 350,000 with a 6.75-litre engine, and a 350,000 Lamborghini Aventador Superveloce with a 6.5-litre V12 engine that accelerates from 0 to 62mph in 2.7 seconds and hits a top speed of 217mph, according to a report 1 in The Telegraph.

Like many super-rich tourists from the Middle East, who drive along in their luxury car 2 s, the opulence-loving Saudi, believed to be in his 20s, arrived in London over the Easter weekend

Rich Saudi tourist flies in £1million fleet of gold-coated luxury cars to get around London

Most holiday 1 makers would probably have to settle for a modest hire car 2 when driving abroad.

But not this mega-rich tourist who has ditched the Tube and taxis during his London getaway in favour of a more a outlandish mode of transport.

Dubbed Britain’s flashiest tourist, the young millionaire, thought to be from Saudi Arabia, recently arrived in the capital with a fleet of gold cars worth more than 1 million.

Saudi prince hopes to stay at Holiday Inn

IHG, the current owner of Holiday Inn, could be vulnerable to a takeover after losing out on a string of deals this year (Alamy) THE new owner of the luxury Fairmont and Raffles hotel chains could soon be back on the hunt for big acquisitions, making the FTSE 100 giant InterContinental Hotels Group (IHG) a prime target.

The French owner of Ibis and Sofitel, Accor, bought the Canada-based Fairmont for $3bn ( 2bn) last week, the latest in a wave of big-money deals in the industry.

Kingdom Holding the investment fund run by Prince Alwaleed bin Talal of Saudi Arabia will become one of Accor s largest shareholders in return for its stake in Fairmont.