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Exciting News Announcement - Fairmont, Raffles, and Swissôtel to Merge with AccorHotels

FRHI
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Toronto, Dec 2015

We are excited to share the news that FRHI Hotels & Resorts and our three leading brands, Fairmont Hotels & Resorts, Raffles Hotels & Resorts, and Swissotel Hotels & Resorts, will soon join the AccorHotels group. AccorHotels is a global leader in the travel industry with a diverse portfolio located in 94 countries, with over 3,800 properties and 20 recognized luxury, midscale and economy brands including Sofitel, Pullman, MGallery, Grand Mercure, and Novotel.

This is certainly an exciting next chapter for our brands as FRHI’s unrivalled collection of iconic hotel assets, extensive experience in the luxury market, and sizeable North American footprint combined with AccorHotels’ global operating platform, innovative digital strategies, diverse stable of brands, and international exposure will only lead to new levels of success.

Until the transaction closes, expected in mid-2016, FRHI and AccorHotels will continue to operate as separate companies and manage their business affairs as usual.

More on this exciting news here

Swissotel Hotels & Resorts

Swissotel Hotels & Resorts got its start in Switzerland, a country known for big mountains and equally high standards of living. Its contemporary Swiss style and locally inspired flair attracts business and leisure travellers who enjoy high-end hotels but prefer fresh innovation to stale pretension. Conveniently located where travellers want to be, Swissotel provides guests with the opportunity to stay in the heart of city centres worldwide where access to business and shopping districts are right around the corner. Swissotel properties can be found in over 30 well-located properties around the world, with many more in development. As guests of the world, every Swissotel upholds Swiss sustainability standards. In fact, Swissotel has a mission: to treat guests, team members, and the environment with equal respect. Swissotel is part of FRHI Hotels & Resorts, a leading global hotel company with over 110 hotels under the Raffles, Fairmont, and Swissotel brands. But no matter how international Swissotel becomes, just like the country it was founded in, it remains a small hotel at heart.