page_title: FRHI Hotels & Resorts
section_title: Previous history of Raffles Hotels
hierarchical_section_title: FRHI Hotels & Resorts / Previous history of Raffles Hotels
context_page_description: FRHI Hotels & Resorts is a global hotel management company that is based in Toronto, Ontario, Canada. FRHI is the parent company that manages three brands of hotels: Fairmont, Raffles and Swissôtel. These hotel chains collectively include more than 100 hotels and resorts in over 30 countries worldwide. Since 2016, the company has been owned by AccorHotels, a French multinational hotel firm.
context_section_description: Established in 1989 to oversee the restoration of the historic Raffles Hotel in Singapore and the restructuring of Raffles City, the Raffles hotel company reopened its flagship hotel on September 16, 1991.
  The company purchased the Swissôtel chain in 2001, and it took over the then Westin Stamford and Westin Plaza (both in Singapore) as the contract expired at the end of the year. On January 1, 2002, the two hotels were renamed as Swissôtel The Stamford and Raffles The Plaza (now Fairmont Singapore) respectively, with a refurbished look.
  Former owner Raffles Holdings announced the sale of the chain on July 18, 2005, to Colony Capital from October 1, 2005. The sale included its 41 hotels and resorts, and its hotels under development. This included the landmark Raffles Hotel in Singapore, which is on a 100-year lease to Colony Capital. However, Raffles City was owned by Raffles Holdings under Tincel Properties Pte Ltd when it was sold, but it was eventually sold to CapitaCommercial Trust and CapitaMall Trust in July 2006.
caption: Raffles Hotel in Singapore
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