CLICK HERE TO VIEW AND ALSO PRINT OUT AS IF YOU WERE IN AN ASPIRE LOUNGE

14 DECEMBER 2015

YOUR WORDS


Readers are invited to add their comments to any story. Click on the article to see and add.

BTN DISTRIBUTION

BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.

Index

Email this Page
Bookmark

The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
+44 (0)20 8952 8383
info@btnews.co.uk
© 2021 Business Travel News Ltd.

Article from BTNews 14 DECEMBER 2015

Top hotels go to Accor

London’s Savoy, New York’s Plaza and other famous names in the hospitality world changed hands last week when French group AccorHotels announced its acquisition of FRHI Holdings, the parent company of the Fairmont, Raffles and Swissôtel brands.

In all, the FRHI portfolio covers 155 hotels and resorts, of which 40 are under development, and more than 56,000 rooms, of which about 13,000 are under development. 

As well as the Savoy and the New York Plaza, the list includes other legendary properties like Raffles Singapore, Shanghai’s Fairmont Peace Hotel and Le Royal Monceau – Raffles Paris.

Elsewhere are the Fairmont San Francisco, Fairmont Banff Springs (Canada), Fairmont Le Château Frontenac in Quebec, the Fairmont Grand Del Mar in San Diego and Swissôtel the Stamford in Singapore. 

FRHI was owned by the Qatar Investment Authority (QIA), Kingdom Holding Company (KHC) of Saudi Arabia and Oxford Properties of Ontario.

Accor praised FRHI’s “unrivalled hotel portfolio, expertise in marketing luxury hotels and sizeable footprint in North America”, which it said would provide a stronger platform for Accor “to continue aggressive worldwide expansion”.  www.accorhotels-group.com

Index/Home page
 

OUR READERS' FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum


No one has commented yet, why don't you start the ball rolling?


Add your comment

First Name
Surname
Email Address
Company (Not obligatory)
Country/City
Comment
- You must be a registered subscriber using the email address entered to submit a comment, or you will be sent a confirmation email before your comment will appear.
- Your comment will be checked before appearing, which may take several working hours.
www.btnews.co.uk