Raffles International
Logo used since 2013
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|
| Private | |
| Industry | |
| Founded | 2006 |
| Headquarters | Toronto, Ontario, Canada |
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Number of locations
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105 Hotels (as of October 2013) |
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Area served
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Worldwide |
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Key people
|
William R. Fatt (Chairman) |
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Number of employees
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42,000 (2013) |
| Parent | AccorHotels |
| Website | frhi.com |
FRHI Hotels & Resorts is a Toronto, Ontario, Canada based hotel management company owned by AccorHotels. FRHI is the parent company that manages three brands of hotels including Fairmont, Raffles, and Swissôtel. These hotel chains together include over 100 hotels and resorts in 30 countries worldwide. The company also owned Delta Hotels at one point but sold the hotel management company in October 2007 to bcIMC, a Crown corporation owned by the Government of British Columbia. In 2015, Delta Hotels was purchased by Marriott International.
The company was formed in January 2006, when Kingdom Holdings and Colony Capital entered into a joint venture. Through that partnership the two groups acquired Fairmont Hotels and Resorts and combined Fairmont's business with Colony Capital owned Raffles Hotels International which was the parent of the Raffles and Swissôtel brands.
Qatar based Katara Hospitality and Saudi Arabia based Kingdom Holding Company.
Qatari Diar affiliate Voyager Partners subsequently acquired a majority interest in FRHI Hotels & Resorts in April 2010.
Started in 1989 to oversee the restoration of Raffles Hotel and the restructuring of Raffles City, the company reopened its flagship hotel on September 16, 1991.
The company purchased the Swissôtel chain in 2001, and took over the then Westin Stamford and Plaza as the contract expired at the end of the year. On January 1, 2002, the two hotels were renamed Swissôtel The Stamford and Raffles The Plaza respectively with a refurbished look.
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Wikipedia