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Swissôtel Hotels
Swissôtel Hotels & Resorts, commonly known as Swissôtel, is a Swiss chain of luxury hotels owned by Accor, which acquired FRHI Hotels & Resorts in 2015. The corporate offices for Swissôtel are located in the Prioria Business Centre on the property of Zurich Airport in Kloten, Switzerland, near Zürich. History Swissôtel was founded in 1981 as a joint venture between the Swissair and Nestlé groups, with its headquarters in the Swiss city of Zürich. Initially, hotels were operated in Bern, New York City, Geneva and Zürich. In 1990, the hotel group became a fully owned subsidiary of the Swissair group, and in 1996, its head office moved from Zürich to New York. In 2001, with the parent airline in the serious financial difficulties due to the events of 9/11 that year in the United States that eventually lead to its demise, Swissôtel was sold to Raffles Holdings Limited, the owner of the famous Raffles Hotel in Singapore. In July 2005, Colony Capital, a private internationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Raffles Holdings
Raffles Holdings was the parent company of Raffles International, owned by Temasek Holdings which is the investment arm of the Singapore government. In 2005, Raffles Holdings' hotel business ranked 17th or 18th in the world in terms of market capitalization and number of rooms, all marketed under the Raffles and Swissôtel Swissôtel Hotels & Resorts, commonly known as Swissôtel, is a Swiss chain of luxury hotels owned by Accor, which acquired FRHI Hotels & Resorts in 2015. The corporate offices for Swissôtel are located in the Prioria Business Centre on the pro ... brand names. History The company was incorporated on 26 August 1995. On 18 July 2005, Raffles Holdings announced its sale to Colony Capital, LLC for about US$1 billion, including outstanding debt. The deal, worth 1.72 billion Singapore dollars, included all 41 hotels and resorts. Its most prominent establishment was the luxurious 103-suite Raffles Hotel in Singapore, built in 1887. CapitaLand Ltd., Sou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries by area, fifth-largest country in Asia, the largest in the Middle East, and the List of countries and dependencies by area, 12th-largest in the world. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Bahrain, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to Saudi Arabia–Yemen border, the south. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt and Israel. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of Geography of Saudi Arabia, its terrain consists of Arabian Desert, arid desert, lowland, steppe, and List of mountains in Saudi Arabia, mountains. The capital and List of cities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mecca
Mecca, officially Makkah al-Mukarramah, is the capital of Mecca Province in the Hejaz region of western Saudi Arabia; it is the Holiest sites in Islam, holiest city in Islam. It is inland from Jeddah on the Red Sea, in a narrow valley above sea level. Its metropolitan population in 2022 was 2.4million, making it the List of cities in Saudi Arabia by population, third-most populated city in Saudi Arabia after Riyadh and Jeddah. Around 44.5% of the population are Saudis, Saudi citizens and around 55.5% are Muslim world, Muslim foreigners from other countries. Pilgrims more than triple the population number every year during the Pilgrimage#Islam, pilgrimage, observed in the twelfth Islamic calendar, Hijri month of . With over 10.8 million international visitors in 2023, Mecca was one of the ten List of cities by international visitors, most visited cities in the world. Mecca is generally considered "the fountainhead and cradle of Islam". Mecca is revered in Islam as the birthp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abraj Al Bait
The Clock Towers (, formerly known as ), is a State ownership, government-owned complex of seven skyscraper hotels in Mecca, Saudi Arabia. These towers are part of the Abdullah of Saudi Arabia#Domestic affairs, King Abdulaziz Endowment Project that aims to modernize the city in catering to its pilgrims. The central hotel tower, which is the Mecca Clock Royal Tower, is the fourth-tallest building and sixth-List of tallest freestanding structures, tallest freestanding structure in the world. According to Guinness World Records, the Makkah Tower is the tallest clock tower in the world, and the complex of seven building comprise the world's second most expensive building. The clock faces are the List of largest clock faces, largest in the world, and the top four floors of the clock tower house the Clock Tower Museum. The building complex is 300 metres away from the world's largest mosque and Islam's Holiest sites in Islam, most sacred site, the Great Mosque of Mecca. The developer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Arab Emirates
The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a Federal monarchy, federal elective monarchy made up of Emirates of the United Arab Emirates, seven emirates, with Abu Dhabi serving as its capital. It shares land borders with Oman to the east and northeast, and with Saudi Arabia to the southwest; as well as maritime borders in the Persian Gulf with Qatar and Iran, and with Oman in the Gulf of Oman. , the UAE has an estimated population of over 10 million, of which 11% are Emiratis; Dubai is List of cities in the United Arab Emirates, its most populous city and is an international hub. Islam is the State religion, official religion and Arabic is the official language, while English is the most spoken language and the language of business. The United Arab Emirates Oil reserves in the United Arab Emirates, oil and natural gas reserves are the world's List of countries by pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai
Dubai (Help:IPA/English, /duːˈbaɪ/ Help:Pronunciation respelling key, ''doo-BYE''; Modern Standard Arabic, Modern Standard Arabic: ; Emirati Arabic, Emirati Arabic: , Romanization of Arabic, romanized: Help:IPA/English, /diˈbej/) is the List of cities in the United Arab Emirates#Major cities, most populous city in the United Arab Emirates and the capital of the Emirate of Dubai. It is located on a Dubai Creek, creek on the south-eastern coast of the Persian Gulf, Persian Gulf. As of 2025, the city population stands at 4 million, 92% of whom are Expatriates in the United Arab Emirates, expatriates. The wider urban area includes Sharjah and has a population of 5 million people as of 2023,https://www.demographia.com/db-worldua.pdf while the Dubai–Sharjah–Ajman metropolitan area counts 6 million inhabitants. Founded in the early 18th century as a Cultured pearl, pearling and fishing settlement, Dubai became a regional trade hub in the 20th century after declaring itself a f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apartment Hotel
An apartment hotel or aparthotel (also residential hotel or extended-stay hotel) is a serviced apartment complex that uses a hotel-style booking system. It is similar to renting an apartment, but with no fixed contracts and occupants can "check out" whenever they wish, subject to the applicable minimum length of stay imposed by the company. An apartment hotel complex usually offers a complete fully fitted apartment. These complexes are usually custom built, and similar to a hotel complex containing a varied number of apartments. The length of stay in these apartment hotels is varied with anywhere from a few days to months or even years. The people who stay in apartment hotels use them as long-term accommodation; therefore, the hotels are often fitted with most things the average home would require. Origins Apartment hotels were first created in holiday destinations as accommodation for families that needed to "live" in an apartment rather than "stay" as they would in a hotel. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fairmont Raffles Hotels International
FRHI Hotels & Resorts (previously known as Fairmont Raffles Hotels International) 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. AccorHotels purchased FRHI for $2.7 billion. History Pre FHRI 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto
Toronto ( , locally pronounced or ) is the List of the largest municipalities in Canada by population, most populous city in Canada. It is the capital city of the Provinces and territories of Canada, Canadian province of Ontario. With a population of 2,794,356 in 2021, it is the List of North American cities by population, fourth-most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. As of 2024, the census metropolitan area had an estimated population of 7,106,379. Toronto is an international centre of business, finance, arts, sports, and culture, and is recognized as one of the most multiculturalism, multicultural and cosmopolitanism, cosmopolitan cities in the world. Indigenous peoples in Canada, Indigenous peoples have travelled through and inhabited the Toronto area, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fairmont Hotels And Resorts
Fairmont Hotels & Resorts is a global chain of luxury hotel that operates more than 70 properties worldwide, with a strong presence in Canada. The company originated from two hotel businesses established in the late 19th century, the Canadian Pacific Limited-owned Canadian Pacific Hotels, Canadian Pacific Hotels & Resorts, and Fairmont Hotels. In 1999, Canadian Pacific Hotels acquired a majority interest in Fairmont Hotels; with Canadian Pacific Hotels later renaming its entire hotel portfolio under the Fairmont Hotels & Resorts banner in 2001. Shortly after the hotel division was renamed, Canadian Pacific Limited was split into several smaller companies in a corporate spin-off, starburst move, with Fairmont becoming a separately-traded company. In 2006, Fairmont was acquired by Colony Capital, who subsequently entered into a joint partnership with the Kingdom Holding Company; consolidating Fairmont with their other hotel brands, Raffles Hotels & Resorts, Raffles and Swissôtel to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kingdom Holding Company
The Kingdom Holding Company (KHC; ) is a Saudi conglomerate holding company, based in Riyadh. The KHC is a publicly listed company on the Tadāwul (Saudi stock exchange). The KHC consists of a team of experienced investment specialists directed by its founder and chairman, Prince Al-Waleed bin Talal and chief executive officer, Eng. Talal Ibrahim Al Maiman. The company's main investment interests are in the areas of financial services, real estate, tourism and hospitality, media, entertainment, petrochemicals, aviation and technology. Present investments Present investments include: * Four Seasons Hotels & Resorts (Canada-based) (owns 23.75% with Cascade Investment, LLC, and others) * Fairmont Raffles Swissotel (minority ownership with Accor) * Hotel George V (100%) (France) * KADCO Egypt (100%) (Egypt) * Kingdom Hospital-Consulting Clinics (100%) (Saudi Arabia) * Kingdom Hotels Investments (100%) (Saudi Arabia) * Kingdom Schools (100%) (Saudi Arabia) * Lebane ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
