Fairmont Raffles Hotels International (FRHI) is a Toronto, Canada based hotel chain owned by Voyager Partners, Kingdom Hotels and Los Angeles based Colony Capital, LLC.
The group was formed in January 2006, when Kingdom and Colony entered into a joint venture. Through that partnership the two groups acquired Fairmont Hotels and Resorts and combined Fairmont's business with Colony owned Raffles Hotels International. Voyager Partners subsequently a...
More
Fairmont Raffles Hotels International (FRHI) is a Toronto, Canada based hotel chain owned by Voyager Partners, Kingdom Hotels and Los Angeles based Colony Capital, LLC.
The group was formed in January 2006, when Kingdom and Colony entered into a joint venture. Through that partnership the two groups acquired Fairmont Hotels and Resorts and combined Fairmont's business with Colony owned Raffles Hotels International. Voyager Partners subsequently acquired a majority interest in FRHI in April 2010. The parent company now manages three brands of hotels under their arm, Raffles, Fairmont and Swissôtel with over 100 hotels and resorts in 30 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.
Started in 1989 to oversee the restoration of Raffles Hotel and the restructuring of Raffles City, the company reopened its flagship hotel on...
Less
