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Fairmont Raffles Hotels International is a Toronto, Canada-based hotel chain owned by Kingdom Hotels and Los Angeles based Colony Capital, LLC. The group was formed in January 2006, when Kingdom and Colony acquired Fairmont Hotels and Resorts and combined Fairmont's business with Raffles. The parent company now manages three brands of hotels under their arm, Raffles, Fairmont and Swissôtel with 88 hotels and resorts in 27 countries worldwide. The company also owned Delta Hotels at one point but sold the Canadian based hotel management company in October 2007 to bcIMC (B.C. Investment Management Corporation), a Crown Corporation.
[edit] Brief history 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 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. In 2005, it was ranked around 17th or 18th position. Former owner, Raffles Holdings, announce the sale of the chain in July 18, 2005 to its current owner, Colony Capital from October 1, 2005. The sale included all its 41 hotels and resorts and also its hotels under development. This included Raffles Hotel, which is on a 100 year lease to Colony Capital. However, Raffles City was owned by Raffles Holdings under Tincel Properties Pte Ltd when it was sold, but was eventually sold to CapitaCommercial Trust and CapitaMall Trust in July 2006. The hotel has alliances with Taj Hotels and Palaces and Okura Hotels and Resorts. It recently tied up with American Express to operate Centurion Suites in 8 hotels. It is to provide luxury service and amenities for AMEX Centurion cardholders. [edit] ConceptsThe hotel has developed around 50 food and beverage concepts in their portfolio. This includes Equinox, Jaan, Doc Cheng's and THOS SB Raffles. This also includes a spa and fitness centre, Amrita Spa, whose flagship is at Raffles City in Singapore. This, the largest spa in Asia, opened in 2000. The group has other spas including Osaka, Phnom Penh, Siem Reap, Sydney, Raffles Hotel and Swissôtel Merchant Court. [edit] Locations[edit] Asia Pacific
[edit] Americas[edit] North America[edit] Caribbean[edit] South America[edit] Europe[edit] External links |
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