| Swissôtel Hotels and Resorts | |
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| Type | Private (subsidiary of Fairmont Raffles Hotels International Inc. The term privately held company refers to ownership of a business company in two different ways first referring to ownership by non-governmental organizations and second which is owned by Kingdom Holdings and Colony Capital, LLC |
| Founded | 1957 |
| Headquarters | |
| Area served | International |
| Key people | Meinhard Huck, President Isidoro Geretto, Vice President, Finance Petra Goetting, Vice President Marketing and Sales |
| Industry | Hospitality |
| Products | Hotels |
| Parent | Fairmont Raffles Hotels International Inc. |
| Website | www.swissotel.com |
Swissôtel Hotels and Resorts is a group of hotels pitched at the higher end of the hotel market, based in Zürich, Switzerland. Colony Capital LLC is a private international investment firm based in Los Angeles, California. Year 1957 ( MCMLVII) was a Common year starting on Tuesday (link displays the 1957 Gregorian calendar) Zürich (, Zürich German: Züri, Zurich, Zurigo; in English generally Zurich) is the largest city in Switzerland and capital of the For other uses of this term see Industry (disambiguation An industry (from Latin industrius, "diligent industrious" Hospitality refers to the relationship process between a Guest and a host and it also refers to the act or practice of being hospitable that is the reception and entertainment In Marketing, a product is anything that can be offered to a Market that might satisfy a want or need A holding company is a company that owns part all or a majority of other companies' outstanding Stock. Fairmont Raffles Hotels International is a Toronto, Canada -based hotel chain owned by Kingdom Hotels and Los Angeles based Colony Capital LLC A website (alternatively web site or Web site, a back-construction from the Proper noun World Wide Web) is a collection of Web pages Zürich (, Zürich German: Züri, Zurich, Zurigo; in English generally Zurich) is the largest city in Switzerland and capital of the Switzerland (English pronunciation; Schweiz Swiss German: Schwyz or Schwiiz Suisse Svizzera Svizra officially the Swiss Confederation The chain currently includes 27 properties in 15 countries, including five hotels being developed which are slated to open by 2008.
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Swissôtel, originally founded in 1980 by SwissAir and Nestlé, was acquired by Raffles Holdings in 2001. Swissair ( Swiss Air Transport Company Limited) was the former national Airline of Switzerland. Nestlé is a multinational packaged food company founded and headquartered in Vevey, Switzerland Raffles Holdings was the parent company of Raffles International. The portfolios of both Swissôtel Hotels and Resorts and Raffles Hotels and Resorts were merged to form Raffles International. Fairmont Raffles Hotels International is a Toronto, Canada -based hotel chain owned by Kingdom Hotels and Los Angeles based Colony Capital LLC
In July 2005, Raffles International, was acquired by Colony Capital, LLC, a private investment firm that held a 100% direct equity interest. Colony Capital LLC is a private international investment firm based in Los Angeles, California. This transaction garnered the prestigious “Deal of the Year” award for Colony Capital and Raffles Holdings, presented at the 16th annual Hotel Investment Conference Asia Pacific (HICAP) in Hong Kong in October 2005. Raffles Holdings was the parent company of Raffles International. [1]
In May 2006, Colony Capital together with Kingdom Holding Company acquired Fairmont Hotels and Resorts, and combined those assets with Raffles. Kingdom Holding Company ( Arabic: شركة المملكة القابضة is a public Holding company, incorporated in Saudi Arabia, and is the largest Fairmont Hotels & Resorts is a Toronto, Ontario -based operator of luxury Hotels and Resorts Currently Fairmont operates properties in The resulting Fairmont Raffles Hotels International, with corporate headquarters in Toronto, Canada, is comprised of 88 hotels, in 23 countries, under three brands – Fairmont, Raffles and Swissôtel. Fairmont Raffles Hotels International is a Toronto, Canada -based hotel chain owned by Kingdom Hotels and Los Angeles based Colony Capital LLC Toronto (təˈrɒntoʊ colloquially pronounced or) is the largest city in Canada and is the provincial capital of Ontario Country to "Dominion of Canada" or "Canadian Federation" or anything else please read the Talk Page
Corporate offices for Swissôtel are located in Zürich, Switzerland, headed by President, Meinhard Huck and VP Marketing & Sales, Petra Goetting. Zürich (, Zürich German: Züri, Zurich, Zurigo; in English generally Zurich) is the largest city in Switzerland and capital of the Switzerland (English pronunciation; Schweiz Swiss German: Schwyz or Schwiiz Suisse Svizzera Svizra officially the Swiss Confederation
Swissôtel has a high profile approach to corporate social responsibility, which concentrates on charities who help underprivileged children around the world. [2] The company has formed a link with SOS Children's Villages for which it organises fundraising events such as an annual summer party in Zürich. SOS Children's Villages is an independent non-governmental international development organisation which has been working to meet the needs and protect the interests and rights of children [3] The company has supported particular projects including that in Lavrovo, Oryol, Russia. Lavrovo may refer to Lavrovo Tambov Oblast, a village ( selo) in Tambov Oblast Russia Lavrovo Tomsk Oblast, a village in Oryol Oblast (Орло́вская о́бласть Orlovskaya oblast) is a federal subject of Russia (an Oblast) Russia (Россия Rossiya) or the Russian Federation ( Rossiyskaya Federatsiya) is a transcontinental Country extending
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