Following a series of deals, the Qatar Investment Authority has become the largest shareholder in Fairmont Raffles Holdings International. The group – which also operates the Swissôtel brand – has 88 hotels and resorts in 27 countries worldwide, including the famous Raffles Hotel, Singapore.
A special introductory promotion is celebrating the opening of ‘penthouse hotel’ Raffles Tianjin in China’s future northern financial hub, Tianjin.The luxury hotel is opening for guests on March 18 atop Tianjin Centre, in the heart of the city’s business and financial district.
Raffles Hotels & Resorts continues its global expansion with Raffles Olympia resort, its first property in Greece, which is located near the ancient city of Olympia. The luxury resort is the centrepiece of the stunning 30-hectare beachfront development, and will feature 124 guestrooms and suites, up to 120 Raffles Residences for private ownership, a conferencecentre, RafflesAmrita Spa and a water sports centre.
Singapore’s legendary Raffles Hotel, home to the Singapore Sling cocktail, has been put up for sale by its owner Prince Alwaleed of Saudi Arabia for a price tag of up to £300 million.The Fairmont Raffles Hotel International group, part of the Prince’s Kingdom Holding Company, is seeking buyers as it tightens its purse strings in the global downturn.
“Raffles Hotels & Resorts announced today that it will manage a new resort in Taghazout, Morocco. The resort, owned by global real estate investment firm Colony Capital, will be located along the pristine Atlantic coast north of Agadir.
Raffles Canouan opened its doors on November 1 2004 and since then the resort has been firing on all cylinders. Raffles Resort Canouan Island is located on Canouan Island in the heart of the Grenadines in the southeastern Caribbean. The resort is set on 300 acres of a 1,200 acre private estate featuring three secluded white sand beaches, all surrounded by one of the world’s largest coral reefs. The new Raffles Resort is amphitheatrically set around the protected bay with each of the 156 single and double-storey luxury villas offering breathtaking views.
Raffles International Limited, through its subsidiary Raffles International (Russia) Pte. Ltd., has signed an agreement with JSC Moskva Krasnye Holmy, to manage a 235 bedroom deluxe hotel under the Swiss™tel brand. The hotel will be named Swiss™tel Riverside Towers, Moscow and is scheduled to open by May 2005.
Ben Kilbey in LondonThe Caribbean is home to some of the worlds most exclusive resorts. Some of the worlds most luxurious and exclusive getaways are located in the region. Shortly a new level of luxury is to make its mark; Raffles is opening on the island of Canouan.Raffles Resort Canouan Island is located on Canouan Island in the heart of the Grenadines in the south-eastern Caribbean. The resort is set on 300 acres of a 1,200 acre private estate featuring three secluded white sand beaches, all surrounded by one of the world’s largest coral reefs. The new Raffles Resort is set in an amphitheatre style around the protected bay with each of the 156 accommodations offering breathtaking views. Canouan Island is truly in the heart of The Grenadines, a region known for its unsurpassed sailing, marine life and Caribbean charm. Located just 110 miles west of Barbados, Canouan is a short flight away from the other Grenadine Islands of Mustique, Bequia, Petit St. Vincent, and the Tobago keys. With this St. Vincent and the Grenadines is set to re-establish itself on the Caribbean map. The island nations are set to boom in the high end market. Caribbean Travel News caught up with Hon. Rene Baptiste, the islands Minister of Tourism at this years ITB Berlin to discuss developments, the future and the safety that the Caribbean offers to travellers. Everybody is Trumps up.
Raffles International has announced the appointment of Mr. Louis Sailer as General Manager of Raffles Resort at Canouan Island, The Grenadines. The luxury resort destination, scheduled to open in the summer of 2004, is set in its own private 1,200 acres of land and will feature one and two storey villas offering 156 luxurious rooms with ocean views, an 18-hole championship-grade golf course, a luxury Amrita spa, and four restaurants and bars.
Raffles L’Ermitage Beverly Hills, recent recipient of a Five-Star rating by the 2002 Mobil Travel Guide and the American Automobile Association’s (AAA) Five-Diamond Award, is pleased to announce the addition of Amrita Spa—a Raffles International Limited benchmark concept. Exemplifying unparalleled excellence in luxurious accommodations, service and design, the hotel adds the Amrita Spa luxury concept in its quest to provide ultimate perfection and elegance for its guests.