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Travel and hospitality

AccorHotels acquires Fairmont in $3B deal

July 13, 2016

Fairmont San Francisco Fairmont San Francisco

 

By Forrest Cardamenis

French hospitality group AccorHotels has finalized its acquisition of FRHI Hotels & Resorts, owner of the Fairmont, Raffles and Swissôtel brands, for $2.7 billion.

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  1. Mulberry to resume ready-to-wear with new creative director
  2. BMW Group to host Concorso d'Eleganza Villa d'Este 2026
  3. Panerai docks in Osaka’s Hankyu Umeda department store
  4. Disruption is focus of FT Business of Luxury Summit May 20-22
  5. Luxury Unfiltered: Most luxury brands have no idea who their client actually is
  6. Swarovski, Ariana Grande release sophomore capsule collection
  7. Chaumet expands environmental efforts with WWF France partnership
  8. Boucheron opens first flagship in China
  9. McLaren teases launch of Golf line
  10. Natural Diamond Council introduces World Diamond Day
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