AccorHotels continues expansion with acquisition of Fairmont, Raffles and Swissôtel

AccorHotels announced yesterday the signing of an agreement to acquire FRHI Holdings Ltd (FRHI), parent of Fairmont, Raffles, and Swissôtel.

Trophy assets drive investment activity in Asia Pacific in 2015, say JLL

The number of trophy hotel assets changing hands in Asia Pacific has surged in 2015, according to JLL’s Hotels & Hospitality Group.