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February 11, 2016 12:21 PM ET

Hotels, Restaurants and Leisure

Company Overview of FRHI Holdings Limited

Company Overview

FRHI Holdings Limited owns, operates, and manages a chain of hotels and resorts. It operates hotels under Fairmont, Raffles, and Swissôtel brands. The company also manages Fairmont and Raffles branded estates and luxury private residence club properties. FRHI Holdings Limited is based in Cayman Islands.


Cayman Islands

Key Executives for FRHI Holdings Limited

Chairman and Chief Executive Officer
Age: 63
President and Chief Operating Officer
Age: 64
Executive Vice President and Chief Financial Officer
Age: 53
President of International and President of Fairmont Brand
President of Americas
Compensation as of Fiscal Year 2015.

FRHI Holdings Limited Key Developments

Accor Reportedly Planning To Buy FRHI

Accor S.A. (ENXTPA:AC) is planning to buy FRHI Holdings Limited for about $3 billion, as reported by The Wall Street Journal, citing sources. The deal, which could be announced as early as next month, could still fall apart as the hotel giants did not reach any agreement yet. Accor is reportedly regarded as the preferred bidder of four finalists for FRHI.

Katara Reportedly In Talks To Divest FRHI Holdings

Katara Hospitality Ltd. is in discussion regarding divesting FRHI Holdings Limited, UK media reported in September 2015.

Raffles And Savoy Hotels Put Up For Sale

FRHI Holdings Limited and Mövenpick Hotels & Resorts Management AG have put Raffles hotel in Singapore and Savoy in London up for sale. Fairmont Raffles Hotels International and Movenpick Hotels & Resorts have appointed investment banks to canvass interest in a sale.

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