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Fairmont Raffles Hotels International Inc. · Toronto, ON Canada

Company Description

Canadian Pacific Tower, 100 Wellington St. West, Ste. 1600 TD Center
Toronto, ON
M5K 1-B7
Canada (Map)
Phone: +1-416-874-2600
Fax: +1-416-874-2601

    Founded in 1907 by sisters Tessie and Virginia Fair, the original Fairmont Hotel in San Francisco is renowned for its luxury. Today, Fairmont Raffles Hotels International is a leading operator of upscale hotels, with more than 90 properties worldwide under the Fairmont, Raffles, and SwissĂ´tel brands. The company also holds real estate interests, including vacation ownership resorts (Fairmont Heritage Place) and condominiums (Fairmont Residences). Fairmont Hotel Hotels & Resorts was formed in 1999 through a merger with Canadian Pacific Hotels & Resorts. In 2006 Colony Capital (owner of 30 Raffles hotels) and Kingdom Hotels International acquired Fairmont Hotels, and the company became Fairmont Raffles. To read the full description, subscribe now.

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    Key Fairmont Raffles Hotels International Inc. Financials

    Company TypePrivate

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$479.0
    Employees30,000

    Fairmont Raffles Hotels International Inc. Executives

    17 executives listed for Fairmont Raffles Hotels International Inc.'s Toronto, ON location.
    TitleName & BioContact
    CEOWilliam FattNetwork
    COOChris CahillNetwork
    EVP and CFOJohn CarnellaNetwork

    Competition

    Competitive Landscape for Fairmont Raffles Hotels International Inc.
    Business and tourist travel drive demand. Both are affected by the strength of the economy. The profitability of individual companies depends on efficient operations, because many costs are fixed, and on effective marketing. Large companies have advantages in economies of scale in operations, can more easily raise capital, and have strong name recognition. Small companies, such as boutique hotels, can compete effectively in favorable locations and by providing specialty services. A hotel business requires large amounts of capital, but operations are labor-intensive: average annual revenue per employee is around $80,000. To read the full description, subscribe now.
    Top Fairmont Raffles Hotels International Inc. Competitors
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