Swissotel News

AccorHotels to acquire FRHI for $2.9bn in cash and shares deal

AccorHotels to acquire FRHI for $2.9bn in cash and shares deal

10 December 2015 Hotel News

AccorHotels has signed an agreement for the acquisition of FRHI Holdings, parent of the Fairmont, Raffles, and Swissôtel brand. “This is an outstanding opportunity to add three prestigious brands – Fairmont, Raffles and Swissôtel – to our portfolio, and a great step forward for AccorHotels,” said Sébastien Bazin, chairman, AccorHotels.

AHIC 2015: FRHI reveals plans to triple residential portfolio

AHIC 2015: FRHI reveals plans to triple residential portfolio

7 May 2015 Hotel News

FRHI Hotels & Resorts has announced at Arabian Travel Market that its global portfolio of branded residential projects will triple by 2018 as part of an ongoing expansion strategy. Currently operating 16 residential projects across its worldwide portfolio, FRHI has an additional 35 residential projects in varying stages of development across its three brands, including locations in Egypt, United Arab Emirates, Kingdom of Saudi Arabia, China, and Turkey.

FRHI Hotels & Resorts outlines plans to double footprint in Egypt

FRHI Hotels & Resorts outlines plans to double footprint in Egypt

28 April 2015 Hotel News

FRHI Hotels & Resorts has begun the development of two new hotel projects in Egypt while also releasing new details of its previously announced tri-brand hotel development in Sharm El Sheikh. FRHI signed agreements with Citystars Properties, a leader in the development of high quality mixed-use real estate in Egypt, to brand and operate all five projects. Upon completion, the new hotels will more than double the luxury hotel company’s footprint in Egypt.

Swissôtel Berlin reveals new Club Lounge concept

Swissôtel Berlin reveals new Club Lounge concept

22 September 2014 Hotel News

Swissôtel Berlin has revealed guests in all room categories will now be eligible for access to the property’s elegant Club Lounge from Thursday to Sunday. Situated on the ninth floor, the location was designed by Gerkan Marg and Partner and offered a choice location to relax in the heart of fashionable west Berlin.

Swissôtel Hotels & Resorts signs on for Guayaquil property

Swissôtel Hotels & Resorts signs on for Guayaquil property

4 September 2014 Hotel News

Swissôtel Hotels & Resorts, a leading brand in the FRHI Hotels & Resorts portfolio, today announced that the brand has entered into a franchise agreement for branding the operation of Swissôtel Guayaquil. The new 300-room hotel is currently under development in the largest and most populous city in Ecuador, Guayaquil.