Raffles Hotels & Resorts Explained
Raffles Hotels & Resorts is a Singaporean chain of luxury hotels which traces its roots to 1887 with the opening of the original Raffles Hotel in Singapore.[2] The company started to develop internationally in the late 1990s. Since 2015, Raffles is part of Accor.[3] [4]
History
Raffles Hotels & Resorts was formed in 1989 to restore, redevelop and manage the historic Raffles Hotel in Singapore. The corporation also undertook the restructuring and management of the Raffles City development, thus laying the foundation for Raffles Hotels & Resorts to become a hotel management company. After a complete restoration, the Raffles Hotel reopened on 16 September 1991.[5] [6]
In April 2001, Raffles Holdings acquired Swissôtel from SAirGroup for 268 million euros, thus increasing its room capacity by 139% to 13,500 units in 17 countries.[7]
In 2005, Colony Capital bought Raffles Holdings for $1 billion from the Singapore government. Raffles and Swissôtel joined Fairmont Hotels in the newly formed holding, FRHI Hotels & Resorts, in 2006.[8]
In December 2015, Accor announced the acquisition of FRHI Hotels & Resorts, taking over the Fairmont, Raffles, and Swissotel hotel chains.[9] The $2.7 billion deal was finalized in July 2016.[10]
In December 2020, Accor announced that it would be opening a new hotel in Moscow, next to the Kremlin, in the second half of 2022.[11] [12] However, in March 2023, it was confirmed that the new hotel was cancelled due to the Russian invasion of Ukraine.[13]
Properties
Raffles Hotels & Resorts operates at 18 locations worldwide with 5 more openings planned in 2023 and 2024.[14]
Other products
Raffles Residences
Raffles Residences is a collection of private residential suites and apartments that are serviced by Raffles Hotels & Resorts and are usually connected to a Raffles-branded hotel.[49] There are currently three Raffles Residences with more scheduled to be completed in the next few years.[50]
!Property!No. of Rooms!Country!ReferencesRaffles Estate Praslin | 14 | | |
Raffles Residences Makati | 130 | | |
Raffles Residences Jakarta | 80 | | |
Raffles Residences Doha | 49 | | [51] [52] |
The OWO Residences by Raffles (2023) | 85 | | [53] [54] |
Raffles Residences Boston Back Bay (2023) | 146 | | [55] |
Raffles Residences Jeddah (2024) | 188 | | [56] | |
Raffles 1915 Gin
In 2015, to commemorate the 100th anniversary of the Singapore Sling, Raffles Hotels & Resorts partnered with London-based microdistillery Sipsmith to create a brand-made gin, the Raffles 1915 Gin.[57]
Soirées, Sojourns & Stories by Raffles
Released in 2018, Soirées, Sojourns & Stories by Raffles is a book highlighting the history and some of the iconic guests of Raffles Hotels & Resorts.[58]
External links
Notes and References
- Web site: Board of Directors . Accor . 2 August 2021.
- Web site: The Raffles Story - Luxury Hotels & Resorts - Raffles Hotels. 2020-07-08. www.raffles.com.
- Web site: AccorHotels to acquire three iconic hotel brands - Fairmont, Raffles and Swissôtel . 9 December 2015 . Accor . 9 December 2021.
- News: 9 December 2015 . Accor buys Savoy and Raffles hotel group for £1.9bn . BBC . 9 December 2021.
- Web site: Cripps. Karla. Singapore's historic Raffles Hotel reopens following two-year makeover. 2021-03-02. CNN. en.
- Web site: Hotel Timeline - Raffles Singapore. 2021-03-02. Raffles Hotels and Resorts.
- Web site: 2002. European Hotels Transaction 2002. 3 November 2017. Hvs.com.
- Web site: Deborah Orr. 9 August 2006. Recolonizing Raffles. 3 November 2017. Forbes.com.
- Web site: 2015-12-10. Accor buys Raffles owner for $2.9bn. 2021-03-02. CNBC. en.
- Web site: Ting. Deanna. 2016-07-12. Accor Finalizes $2.7 Billion Purchase of Fairmont Raffles. 2021-03-02. Skift. en-US.
- Web site: Raffles to debut in Russia . 2023-06-28 . Business Traveller . en-GB.
- Web site: Accor announces signing of Raffles Moscow hotel . 2023-06-28 . Hospitality Net . en-us.
- Web site: Tore . Iuliia . 2023-03-01 . Raffles Will Not Open in Moscow . 2023-06-28 . en-US.
- Web site: Our Hotels. 18 October 2021 . Raffles Hotels and Resorts.
- Web site: Raffles Hotel Singapore. 2021-03-02. Visit Singapore. en.
- Web site: Relaxed Refinement At Raffles Hotel Le Royal - Raffles Hotel Le Royal - Raffles Hotels & Resorts. 2021-03-02. Raffles Hotels and Resorts.
- Web site: Raffles Hotel Le Royal. 2021-03-02. Accor. en.
- Web site: November 1997. A history of hospitality… Raffles Hotel Le Royal, Phnom Penh. 3 November 2017. Iltm.com.
- Web site: Dunn. Scott. Raffles Grand Hotel d'Angkor. 2021-03-02. Scott Dunn. en.
- Web site: Raffles Grand Hotel D Angkor History. 2021-03-02. Historic Hotels Worldwide. en.
- Web site: June 2005. Wafi Group signs up with Raffles International. 3 November 2017. Ttnonline.com.
- Web site: Raffles Dubai. 2021-03-02. Traveller Made. en-GB.
- Web site: 9 March 2009. Kingdom sells interest in Four Seasons Geneva. 3 November 2017. 4hoteliers.com.
- Web site: Le Royal Monceau, Raffles Paris. 2021-03-02. Grand Luxury Hotels.
- Web site: Oakley. Louise. Raffles Makkah Palace opens during Ramadan. Hotelier Middle East.
- Web site: The Heart Of Praslin - Raffles Seychelles - Raffles Hotels & Resorts. 2021-03-02. Raffles Hotels and Resorts.
- Web site: A Legendary Oasis. - Raffles Makati - Raffles Hotels & Resorts. 2021-03-02. Raffles Hotels and Resorts.
- Web site: Raffles to Open First Luxury Hotel in Makati City Philippines in 18 Years. 2021-03-02. Mynewsdesk. en.
- Web site: Raffles to open luxury resort in Hainan in September 2013. 2021-03-02. Hospitality Net. en-us.
- Web site: Raffles Istanbul Opens. 2021-03-02. Hotel News Resource.
- Web site: 2015-03-17. Raffles Jakarta Grand Opening. 2021-03-02. Suma - Explore Asia. en-US.
- Web site: 2018-06-04. Raffles Hotels & Resorts opens its first enchanting address in Poland: Raffles Europejski Warsaw. 2021-03-02. Accor. en-EN.
- Web site: RAFFLES' first opening since Accorhotels acquired the brand, Raffles Europejski Warsaw (REVIEW). 2021-03-02. en-US.
- Web site: Raffles Maldives Meradhoo Opens Overwater Villas. 2021-03-02. Hospitality Net. en-us.
- Web site: Raffles Hotel Opens in Shenzhen, China. 2021-03-02. Hospitality Net. en-us.
- Web site: New Raffles hotel opens in Bali. Business Traveller.
- Web site: Raffles Udaipur . Raffles . 18 October 2021.
- News: Nandwani . Deepali . 20 July 2021 . India will have not one, but two Raffles Hotels . moneycontrol . 18 October 2021.
- Web site: First Raffles in India to open in Udaipur. 2021-03-02. Hospitality Net. en-us.
- Web site: Raffles The Palm Dubai . Raffles . 17 October 2021.
- News: Gross . Michelle . 20 September 2021 . An Inside Look At The Exquisite New Raffles The Palm Dubai . Forbes . 17 October 2021.
- News: Turner . Matt . 24 June 2021 . Raffles Resort To Open On The Palm Jumeirah In Late 2021 . Luxury Travel Advisor . Framingham, USA . 20 July 2021.
- Web site: Accor . Raffles & Fairmont make debut in Qatar . 2023-06-28 . www.prnewswire.com . en.
- Web site: 147-Key Raffles Boston Accepting Reservations from September 1, 2023 . 2023-06-28 . Hospitality Net . en-us.
- Web site: Hill . Lauren Jade . Raffles London At The OWO To Become Wellness Destination With Guerlain . 2023-06-28 . Forbes . en.
- Web site: Newsdesk . GGRAsia – Raffles, Andaz likely to open in 2H at Galaxy Macau: firm . 2023-06-28 . en-US.
- Web site: 2019-06-25 . Second Raffles Hotel set to open in Singapore on Sentosa in 2022 . 2021-03-02 . The Straits Times . en.
- Web site: Raffles Sentosa Resort & Spa in Singapore opens late 2023 . 2023-06-28 . en-US.
- Web site: Accor strengthens its leadership position in branded residences, private rentals and extended stay hotels. 2021-03-03. Hospitality Net. en-us.
- Web site: Raffles Residences. 2021-03-03. Raffles Hotels and Resorts.
- Web site: Caswell . Mark . Accor to open dual-branded Fairmont and Raffles development in Qatar . Business Traveller.
- Web site: Accor to open dual-branded hotel in Qatar TTG Asia . 2021-03-03 . TTGAsia . en-US.
- Web site: Hinduja Group and OHL Desarrollos announces Raffles as the brand for the OWO Residences. 2021-03-03. Hospitality Net. en-us.
- Web site: Caswell. Mark. Raffles to operate residences as part of London Old War Office development. Business Traveller.
- Web site: This 33-story luxury hotel will open in Boston in 2022 Boston.com . 2021-03-02 . Boston . en-US.
- Web site: Properties In Development . 2021-03-02 . Raffles Hotels and Resorts.
- Web site: Kenneth Goh. 1 January 2016. Gin from Raffles descendant. 3 November 2017. Straitstimes.com.
- Web site: Soirées, Sojourns & Stories By Raffles. 2021-03-03. Raffles Hotels and Resorts.