Raffles Hotels & Resorts

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 has been a part of Accor.^[3][4]

Raffles Hotels & Resorts

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.com

History

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]

Properties

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 Cairo	184	Egypt	Opening 2025	Newly Built

Other products

Raffles Residences

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]

Raffles 1915 Gin

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]

Soirées, Sojourns & Stories by Raffles

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]