 | |
| Company type | Subsidiary |
|---|---|
| Industry | Hospitality |
| Founded | 1989 |
Number of locations | 18 |
Area served | Worldwide |
Key people | Omer Acar (CEO Raffles & Orient Express) [1] |
| Services | Luxury hotels |
| Parent | Accor |
| Website | raffles |
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]
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]
Raffles Hotels & Resorts operates at 18 locations worldwide with 5 more openings planned in 2023 and 2024. [14]
| Property | No. of Rooms | Country | Year Opened | Notes | References |
|---|---|---|---|---|---|
| Raffles Hotel | 115 |  Singapore | 1887 | Restoration | [5] [6] [15] |
| Raffles Hotel Le Royal | 175 |  Cambodia | 1997 | [16] [17] | |
| Raffles Grand Hotel d'Angkor | 119 | Cambodia | 1997 | [18] [19] [20] | |
| Raffles Dubai | 246 |  United Arab Emirates | 2007 | Newly Built | [21] [22] |
| Le Royal Monceau, Raffles Paris | 149 |  France | 2010 | Restoration | [23] [24] |
| Raffles Makkah Palace | 213 |  Saudi Arabia | 2010 | Newly Built | [25] |
| Raffles Praslin, Seychelles | 86 |  Seychelles | 2011 | [26] | |
| Raffles Makati | 32 |  Philippines | 2012 | [27] [28] | |
| Raffles Hainan | 331 |  China | 2013 | [29] | |
| Raffles Istanbul | 181 |  Turkey | 2014 | [30] | |
| Raffles Jakarta | 173 |  Indonesia | 2015 | [31] | |
| Raffles Europejski Warsaw | 106 |  Poland | 2018 | Restoration | [32] [33] |
| Raffles Maldives Meradhoo | 37 |  Maldives | 2019 | Newly Built | [34] |
| Raffles Shenzhen | 168 | China | 2019 | [35] | |
| Raffles Bali | 32 | Indonesia | 2020 | [36] | |
| Raffles Udaipur | 101 |  India | 2021 | Newly Built | [37] [38] [39] |
| Raffles The Palm Dubai | 389 | United Arab Emirates | 2021 | Takeover | [40] [41] [42] |
| Raffles Doha | 132 |  Qatar | 2022 | Newly Built | [43] |
| Raffles Boston Back Bay | 147 |  United States | September 2023 | Newly Built | [44] |
| Raffles London at The OWO | 120 |  United Kingdom | September 2023 | Restoration | [45] |
| Raffles Al Areen Palace, Bahrain | 78 |  Bahrain | December 2023 | Restoration | |
| Opening Soon | |||||
| Raffles at Galaxy Macau | 450 |  Macau | Opening 2023 | Newly Built | [46] |
| Raffles Sentosa Resort & Spa | 62 | Singapore | Opening 2024 | Newly Built | [47] [48] |
| Raffles Jeddah | 181 | Saudi Arabia | Opening 2024 | Newly Built | |
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 | References |
|---|---|---|---|
| Raffles Estate Praslin | 14 | Seychelles | [50] |
| Raffles Residences Makati | 130 | Philippines | [28] |
| Raffles Residences Jakarta | 80 | Indonesia | [31] |
| Raffles Residences Doha | 49 | Qatar | [51] [52] |
| The OWO Residences by Raffles (2023) | 85 | United Kingdom | [53] [54] |
| Raffles Residences Boston Back Bay (2023) | 146 | United States | [55] |
| Raffles Residences Jeddah (2024) | 188 | Saudi Arabia | [56] |
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]
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]
Canadian Pacific Hotels (CPH) was a division of the Canadian Pacific Railway (CPR) that primarily operated hotels across Canada, since passenger revenue made a significant contribution to early railway profitability. CPR restructured the division as a subsidiary in 1963. In 1988, CPR purchased the Canadian National Hotels chain, making Canadian Pacific Hotels and Resorts the nation's largest hotel owner. In 1998, all CPH properties were branded as either Fairmont or Delta.
Raffles Singapore is a British colonial-style luxury hotel in Singapore. It was established by Armenian hoteliers, the Sarkies Brothers, in 1887. The hotel was named after British statesman Sir Thomas Stamford Raffles, the founder of modern Singapore.
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