Articles tagged “fairmont”

Hotels

Singaporean Fund GIC May Take $1.5 Billion Stake in 4 Fairmont Hotels

Talks to buy majority stake in the assets of Oxford Fairmont, which owns four iconic Fairmont properties, are ongoing, sources said. A potential deal would be a coup for GIC if it values the Canadian hotels at about $1.5 billion ($2 billion Canadian).

Singaporean Fund GIC May Take $1.5 Billion Stake in 4 Fairmont Hotels

Tourism

Central Asia’s New Silk Road Offers Vast Tourism Potential

Uzbekistan, Azerbaijan, and Kazakhstan meet chicken-and-egg. An effort to revive the old Silk Road could mean huge tourism potential for those countries whose economies for so long were dependent on natural resources, especially as outbound Chinese travel grows. But how projects and the timing line up will play a huge role.

Central Asia’s New Silk Road Offers Vast Tourism Potential

Business Travel

Destinations Push Green Credentials to Entice Luxury Travelers

While many destinations are upping their sustainability game, a few are actually actively promoting it as a way to attract higher-end visitors. Monaco and Slovenia are trying to prove that selling green will positively color tourism perceptions ... and revenues.

Destinations Push Green Credentials to Entice Luxury Travelers

Hotels

AccorHotels Using Biometrics as Marketing Ploy for Loyalty Members

It'd be so much more interesting to see if and how this kind of biometrics data can truly inform our travel experiences.

AccorHotels Using Biometrics as Marketing Ploy for Loyalty Members

Hotels

AccorHotels Finally Combines Fairmont, Raffles, and Swissôtel Loyalty Programs With Its Own

There's so much more AccorHotels could be doing with its loyalty program, including integrating it with its Accor Local mobile app. For now, however, the company seems more focused on making sure it doesn't upset any elite loyalty members from Fairmont, Raffles, and Swissôtel.

AccorHotels Finally Combines Fairmont, Raffles, and Swissôtel Loyalty Programs With Its Own

Hotels

New York’s Historic Plaza to Change Ownership in $600 Million Sale

Uncertainty about the ownership of this iconic hotel has been going on for years. Let's just hope the new owners can maintain and, in some cases, restore the glamour and grandeur of it for generations to come.

New York’s Historic Plaza to Change Ownership in $600 Million Sale

Hotels

Accor’s New CEO for Luxury Hotels Wants to Protect Brand Integrity in a Crowded Field

Because the rewards are so big, luxury is always a noisy sector. Accor is smart to give the group its own CEO while it continues to acquire companies and focus on integration.

Accor’s New CEO for Luxury Hotels Wants to Protect Brand Integrity in a Crowded Field

Hotels

Accor Finalizes $2.7 Billion Purchase of Fairmont Raffles

AccorHotels is making some smart, strategic moves, whether it's buying up luxury alternative accommodations provider Onefinestay or adding these three storied luxury brands to its hotel collection.

Accor Finalizes $2.7 Billion Purchase of Fairmont Raffles

Hotels

AccorHotels’ Acquisition of Fairmont, Raffles, Swissotel Brands Clears Antitrust Regulations

AccorHotels is now one step closer to purchasing the Fairmont, Raffles, and Swissotel brands for $2.9 billion.

AccorHotels’ Acquisition of Fairmont, Raffles, Swissotel Brands Clears Antitrust Regulations

Hotels

Accor Buys Fairmont, Raffles and Swissotel Brands for $2.9 Billion

AccorHotels is one of the smarter travel brands right now. Its larger rivals should take note.

Accor Buys Fairmont, Raffles and Swissotel Brands for $2.9 Billion