September 30, 2016 4:47 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. As of July 12, 2016, FRHI Holdings Limited operates as a subsidiary of Accor S.A..

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Canada

Key Executives for FRHI Holdings Limited

Chairman and Chief Executive Officer
Age: 64
President and Chief Operating Officer
Age: 65
Executive Vice President and Chief Financial Officer
Age: 54
President of International and President of Fairmont Brand
President of Americas
Compensation as of Fiscal Year 2016.

FRHI Holdings Limited Key Developments

FRHI Hotels and Resorts Plans Four New Middle East Hotels

FRHI Hotels & Resorts is planning to expand its presence in the Middle East with the opening of four new properties. FRHI properties set to open in 2016 and the beginning of 2017 include: Fairmont Riyadh Business Gate - Saudi Arabia – Located just north of the city, Fairmont Riyadh, Business Gate will be part of a new mixed-use development project comprising the hotel, a convention centre with over 5,500 sq m of meeting and function space, and commercial real estate space that will house multinational corporations as well as regional companies. The hotel will feature 303 spacious guestrooms, including Fairmont Gold, the brands ‘hotel within a hotel’ concept plus a selection of dining venues as well as spa and fitness facilities. Fairmont Amman- Jordan – FRHI’s first hotel in Jordan, this luxurious hotel will be situated next to the Fifth Circle in the heart of Amman, less than 30 minutes from the airport, adjacent to the Embassy District, the new Royal Jordanian headquarters, the Abdali Development, as well as the desirable residential community of Abdoun. The Fairmont Amman will feature 317 luxurious guestrooms and suites, including 17 serviced apartments and Fairmont Gold, the brands ‘hotel within a hotel’ concept. For corporate events, weddings and local galas, over 2,000 sq m of function space, including an 800 sq m ballroom. Fairmont Citystars Sharm el Sheikh- Egypt – To complement existing Fairmont properties in Cairo including Fairmont Nile City and Fairmont Heliopolis & Towers, FRHI has partnered with Citystars on an exceptional project in Sharm el Sheikh, to include the Fairmont Citystars Sharm el Sheikh. Part of the first phase, including extensive retail and residential apartments, The Fairmont Citystars Sharm el Sheikh will include 413 guestrooms and 316 residences. The project, which will also consist of a Raffles and Swissôtel property, will be spread over 7.5 million square meters, including 22 km of white sandy beaches. An irresistible focal point, the Crystal Lagoon is 120,000 square meters of oasis surrounded by the desert used for recreation, swimming, and water sports. The Lagoon will create a beach paradise while adhering to energy efficient technologies and practices. Fairmont Fujairah- UAE – Adding to the growing collection of Fairmont hotels in the UAE, the hotel is located on the east coast of the UAE with sweeping views of the Gulf of Oman and lauded for its natural beauty set against the backdrop of the historic Hajar Mountains. The project will consist of 180 guestrooms, six restaurants and lounges, dedicated meeting facilities, a Willow Stream spa and a marina as well as 13 branded residences.

FRHI Holdings Limited Presents at The Americas Lodging Investment Summit 2016, Jan-26-2016 10:45 AM

FRHI Holdings Limited Presents at The Americas Lodging Investment Summit 2016, Jan-26-2016 10:45 AM. Venue: JW Marriott Los Angeles, 900 W. Olympic Boulevard, Los Angeles, CA 90015, United States. Speakers: Kevin T. Frid, President, Americas.

FRHI Hotels and Resorts Appoints Stuart Nielsen as Vice President Food & Beverage for Middle East, Africa and India

Stuart Nielsen has been appointed vice president, food & beverage for FRHI Hotels & Resorts, Middle East, Africa and India. Based in Dubai, Nielsen will oversee the company's expansive F&B portfolio throughout 19 hotels in the region, and will lead the division in maintaining the high standards in quality and service. He will also be responsible for the successful implementation of new restaurant concepts for FRHI's growing pipeline in the Middle East, Africa and India, including the recently announced project in Nigerian capital of Abuja as well as the opening of Fairmont Riyadh, Business Gate, in 2016. He joins FRHI from his most recent position as founder and managing director of POD Hospitality.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 9, 2015
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