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Raffles Fairmont Chain On Market

Category: Hotels, Posted:29 Jun 2015 | 14:14 pm

In what has been common industry chatter, a report in the Wall Street Journal has confirmed that FRHI Hotels and Resorts (Raffles, Fairmont and Swissotel) is on the market.
The currently portfolio of the group is close to 140 hotels.
Current ownership of FRHI is controlled by Saudi's Kingdom Holdings and the Qatari Sovereign Wealth Fund
It's expected that interest in the luxury brand offering, especially the iconic Raffles will be high and attract considerable attention.

Other News

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Thailand’s Sandbox Is Not A Quarantine

Category: Tourism, Posted:12 Jun 2021 | 10:45 am As we are 19 days away from Thailand’s Sandbox tourism reopening in Phuket, there continues to be a misunderstanding of the overall rules and the term quarantine is incorrectly used. Quarantine by definition is isolation, whereby Sandbox travelers will be able to move throughout their hotel, visit beaches, restaurants, shops etc. Remember Phuket is about […]
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C9 Hotelworks Releases New Krabi Report

Category: Hotels, Posted:07 Jun 2021 | 06:00 am Comparing major Southern Thai resort destinations, Krabi is one that historically balances well between the international and domestic markets. In the new Krabi Hotel Market Update from C9 Hotelworks, we take a look back at pre-Covid trading to examine from what point hoteliers hope tourism will upcycle towards recovery and what will the trends be. […]
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SHA Plus Program In Focus

Category: Hotels, Posted:06 Jun 2021 | 13:17 pm A key part of the upcoming Phuket Sandbox reopening process is the requirement for incoming international travelers to stay in an SHA Plus hotel for 14 days, or shorter if only visiting the island. Those who want to travel onward to other destinations in Thailand can proceed after a 14-day period. As travelers are scrambling […]