Owners of FRHI Looking to Sell Hotel Operator

    The Middle East owners of Toronto-based FRHI Hotels & Resorts are looking to sell. The luxury hotel operator’s brands include Fairmont, Raffles, and Swissotel.

    FRHI operates 116 hotels in 34 countries, which include the Savoy in London and the Peace Hotel in Shanghai.

    For the full story, visit the Wall Street Journal.

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