Raffles

Fairmont Hotels formally becomes part of the AccorHotels group

As of today, Fairmont and its sister brands Raffles and Swissotel have formally joined the AccorHotels group. As per the press release: “Following the approval of shareholders at the General Shareholders Meeting on July 12, 2016, the transaction with Qatar Investment Authority (QIA) and Kingdom Holding Company (KHC) of Saudi Arabia provided $840 million (€768…