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Raffles Singapore is a historic luxury hotel at 1 Beach Road, in Singapore. It was established by Armenian hoteliers, the Sarkies Brothers , in 1887. The hotel was named after British statesman Sir Thomas Stamford Raffles , the founder of modern Singapore.
In 2005, Colony Capital bought Raffles Holdings for $1 billion from the Singapore government. Raffles and Swissôtel joined Fairmont Hotels in the newly formed holding, FRHI Hotels & Resorts, in 2006. [8] In December 2015, Accor announced the acquisition of FRHI Hotels & Resorts, taking over the Fairmont, Raffles, and Swissotel hotel chains. [9]
This included the landmark Raffles Hotel in Singapore, which is on a 100-year lease to Colony Capital. [5] However, Raffles City was owned by Raffles Holdings under Tincel Properties Pte Ltd when it was sold, but it was eventually sold to CapitaCommercial Trust and CapitaMall Trust in July 2006.
Situated at 2 Stamford Road, the hotel sits above City Hall MRT station and Esplanade MRT station. The 5-star hotel is a sister hotel of Fairmont Singapore and has 1,252 rooms and suites, 12 restaurants and bars, Raffles City Convention Centre, and one of Asia's largest spas, Willow Stream Spa. [2] A major renovation of the hotel was completed ...
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 brand names. [1]
Fairmont Singapore (Chinese: 费尔蒙特酒店) is the sister hotel located within the Raffles City complex in Singapore. It has a total of 778 rooms and suites housed within two 26-storey towers. It has a total of 778 rooms and suites housed within two 26-storey towers.
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Both the latter and Hotel Michael (11-storey hotel named after Michael Graves, topped out on 15 July 2009 and was opened on 20 January 2010), sits on the area of the former Sentosa Musical Fountain. The hotel also features Crockfords Premier, a casino club with private rooms for high rollers located on the 10th floor.
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