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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. Luxury Unfiltered: Burberry is on the brink of self-destruction as it taps a new CEO
  2. Zendaya, Valentino journey through a pink unknown in latest campaign
  3. Tag Heuer goes Hollywood with 'The Fall Guy' sponsorship
  4. Rejection of Cult Gaia handbag design points to high evidentiary bar for trade dress protection
  5. British Airways brings award-winning campaign stateside
  6. Dior goes for gold with flashy J'adore campaign
  7. Dolce & Gabbana's new Light Blue ad virtually indistinguishable from previous efforts
  8. Valentino, Thebe Magugu stretch imaginations with collaborative reinterpretation
  9. Up 25pc, sales at Hermès hit $7.4B in first six months of 2023
  10. Dolce & Gabbana exhibition coming to Milan's Palazzo Reale
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