The owners of FRHI Hotels & Resorts, which includes Saudi Prince al-Waleed bin Talal’s Kingdom Holding Company and a Quatari government fund, are looking to sell, according to reports.
FRHI brands include Fairmont, Raffles and Swissotel; it operates 116 hotels across 34 countries with almost 44,000 bedrooms.
The Wall Street Journal reported this week that a sale was imminent, citing “people familiar with the matter.”
A spokesperson for FRHI declined to comment to
Spa Opportunities.
