Swissotel Hotels and Resorts Mark 30th Anniversary

A Success Story

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. January 22, 2010

Januar 22, 2010 - Zurich - Swissotel Hotels & Resorts have every reason to celebrate
the new year: this is the year the Swiss hotel chain turns 30. The venture
which started out in 1980 with just a few hotels has now blossomed into a
distinguished, internationally renowned hotel chain with deluxe hotels in

The company's eventful history began with its founding, all those years ago, by Swissair and Nestle. The company assembled its initial portfolio of hotels by acquiring Hotel Le President in Geneva and signing management contracts for Hotel Drake in New York, Bellevue Palace in Berne and Hotel International in Zurich. In 1990, the hotel group became a fully-owned subsidiary of SAirRelations/SAir Group and in 1996 its head office was relocated from Zurich to New York. In 2001, Swissotel Hotels & Resorts was sold to Raffles Holdings Limited in Singapore shortly before Swissair was grounded. In 2005, the Los Angeles based firm Colony Capital LLC, a global private investment group specialising in the management of real estate assets and companies, bought Raffles International, which at the time owned the Swissotel and Raffles brands.

Then in May 2006, Colony Capital together with Kingdom Hotels International also acquired the Canadian hotel group Fairmont and founded the new hotel chain Fairmont Raffles Hotels International (FRHI) with its head office in Toronto, Canada. The group now comprises nearly 100 hotels in over 25 countries, operating under three strong brand names: Fairmont, Raffles and Swissotel Hotels & Resorts.

Under the new umbrella brand, the corporate office of Swissotel Hotels & Resorts moved back to Zurich, and since 2003 the German born Meinhard Huck has been President of the company. After a rich and varied 30-year history, Swissotel Hotels & Resorts continue to meet the exacting demands of business travellers and holidaymakers alike. The deluxe hotels are known for their modern design combined with characteristically Swiss touches and exceptional levels of Swiss hospitality. The name Swissotel stands for competent, personal service with a smile. The hotels are located in major destinations and metropolises all over the world, and most are situated in the city centre, only a stone's throw from the shopping and business districts and the local attractions. Many of Swissotel's establishments have won international awards.

"Back in 1980 the Swissotel name covered a number of separate hotels, each with their own individual identity. Today, though, it represents an outstanding international hotel chain whose corporate identity and brand name have become a symbol of superior quality in the hotel business", says Meinhard Huck, President Swissotel Hotels & Resorts. "We are delighted to have the chance to officially celebrate our company's anniversary in 2010 with our guests."

Swissotel Hotels & Resorts is a distinctive group of deluxe hotels for today's discerning business and leisure travellers, combining the renowned Swiss touch with a fresh, contemporary and modern design. Each Swissotel hotel offers personalized service with charm and efficiency. Located in main gateway destinations and city centres, the hotels have convenient access to business and shopping districts, and local attractions. Swissotel Hotels & Resorts worldwide have won prestigious awards and accolades.

Swissotel Hotels & Resorts is owned by Fairmont Raffles Hotels International, a leading global hotel company with 94 hotels and resorts worldwide under the Raffles, Fairmont and Swissotel brands. The company also manages Fairmont and Raffles branded Residences, Estates and luxury private residence club properties.

Swissotel Hotels & Resorts under development: Swissotel Dresden, Germany (2011) Swissotel Kolkata, India (2010) Swissotel Makkah, Saudia-Arabia (2011)

www.swissotel.com