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FRHI reportedly set to be sold

By Jane Kitchen    26 Jun 2015
FRHi operates 116 hotels across 34 countries with almost 44,000 bedrooms. / FRHI

The owners of FRHI Hotels & Resorts, which includes Saudi Prince al-Waleed bin Talal’s Kingdom Holding Company and a Quatari government fund, are looking to sell, according to reports.

FRHI brands include Fairmont, Raffles and Swissotel; it operates 116 hotels across 34 countries with almost 44,000 bedrooms.

The Wall Street Journal reported this week that a sale was imminent, citing “people familiar with the matter.”

A spokesperson for FRHI declined to comment to Spa Opportunities.

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