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]
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
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.[48] There are currently three Raffles Residences with more scheduled to be completed in the next few years.[49]
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.[56]
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.[57]
The Butler Did It
In 2026, a ready-to-wear and lifestyle brand entitled “The Butler Did It” was launched by Raffles. The line is available exclusively at Printemps stores in Paris and New York City.[58] The line is designed by Jessica Diehl.[59]
External links
References
- Board of Directors Accor, retrieved 2 August 2021^
- The Raffles Story - Luxury Hotels & Resorts - Raffles Hotels www.raffles.com, retrieved 2020-07-08^
- AccorHotels to acquire three iconic hotel brands - Fairmont, Raffles and Swissôtel Accor, 9 December 2015, retrieved 9 December 2021^
- Accor buys Savoy and Raffles hotel group for £1.9bn BBC, 9 December 2015, retrieved 9 December 2021^
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- Hotel Timeline - Raffles Singapore Raffles Hotels and Resorts, retrieved 2021-03-02^
- European Hotels Transaction 2002 Hvs.com, 2002, retrieved 3 November 2017^
- Deborah Orr. Recolonizing Raffles Forbes.com, 9 August 2006, retrieved 3 November 2017^
- Accor buys Raffles owner for $2.9bn CNBC, 2015-12-10, retrieved 2021-03-02^
- Deanna Ting. Accor Finalizes $2.7 Billion Purchase of Fairmont Raffles Skift, 2016-07-12, retrieved 2021-03-02^
- Raffles to debut in Russia Business Traveller, retrieved 2023-06-28^
- Accor announces signing of Raffles Moscow hotel Hospitality Net, retrieved 2023-06-28^
- Iuliia Tore. Raffles Will Not Open in Moscow 2023-03-01, retrieved 2023-06-28^
- Raffles Hotel Singapore Visit Singapore, retrieved 2021-03-02^
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- Scott Dunn. Raffles Grand Hotel d'Angkor Scott Dunn, retrieved 2021-03-02^
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- Wafi Group signs up with Raffles International Ttnonline.com, June 2005, retrieved 3 November 2017^
- Raffles Dubai Traveller Made, retrieved 2021-03-02^
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- Raffles to Open First Luxury Hotel in Makati City Philippines in 18 Years Mynewsdesk, 12 November 2012, retrieved 2021-03-02^
- Raffles to open luxury resort in Hainan in September 2013 Hospitality Net, retrieved 2021-03-02^
- Raffles Istanbul Opens Hotel News Resource, retrieved 2021-03-02^
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- RAFFLES' first opening since Accorhotels acquired the brand, Raffles Europejski Warsaw (REVIEW) retrieved 2021-03-02^
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- Raffles Hotel Opens in Shenzhen, China Hospitality Net, retrieved 2021-03-02^
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- Deepali Nandwani. India will have not one, but two Raffles Hotels moneycontrol, 20 July 2021, retrieved 18 October 2021^
- First Raffles in India to open in Udaipur Hospitality Net, retrieved 2021-03-02^
- Raffles The Palm Dubai Raffles, retrieved 17 October 2021^
- Michelle Gross. An Inside Look At The Exquisite New Raffles The Palm Dubai Forbes, 20 September 2021, retrieved 17 October 2021^
- Matt Turner. Raffles Resort To Open On The Palm Jumeirah In Late 2021 Luxury Travel Advisor, 24 June 2021, retrieved 20 July 2021^
- Accor. Raffles & Fairmont make debut in Qatar www.prnewswire.com, retrieved 2023-06-28^
- 147-Key Raffles Boston Accepting Reservations from September 1, 2023 Hospitality Net, retrieved 2023-06-28^
- Lauren Jade Hill. Raffles London At The OWO To Become Wellness Destination With Guerlain Forbes, retrieved 2023-06-28^
- Newsdesk. GGRAsia – Raffles, Andaz likely to open in 2H at Galaxy Macau: firm 3 May 2023, retrieved 2023-06-28^
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- Abby Montanez. Raffles’s First Hotel in Japan Will Offer up Luxe Suites and Scenic Tokyo Views Robb Report, 2024-07-23, retrieved 2025-07-02^
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- This 33-story luxury hotel will open in Boston in 2022 Boston, retrieved 2021-03-02^
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- Kenneth Goh. Gin from Raffles descendant Straitstimes.com, 1 January 2016, retrieved 3 November 2017^
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- Zach James. Raffles creates Printemps-exclusive fashion line Luxury Daily, 11 February 2026, retrieved 11 February 2026^
- Rhonda Richford. EXCLUSIVE: From Singapore Slings to Smoking Jackets: Raffles Hotels Launches Ready-to-wear Line WWD, 10 February 2026, retrieved 11 February 2026^