Accor Hotels has acquired three famous and well respected hotel brands: Fairmont, Raffles and Swissôtel.
The three between them have 155 hotels and resorts in 34 countries (of which 40 are under development), and more than 56,000 rooms (of which approximately 13,000 are under development).
The Accor Hotels portfolio now includes The Savoy in London as well as Raffles Singapore, Shanghai’s Fairmont Peace Hotel and the Plaza Hotel in New York.
In effect the deal creates worldwide leadership for the Accor Group in the luxury hotel market.
Details: www.accorhotels-group.com
