In the Middle East, FRHI Hotels & Resorts--the parent company of Fairmont Hotels & Resorts, Raffles Hotels & Resorts and Swissôtel Hotels & Resorts--is planning to open four new properties over the next 12 months. The hotels are currently slated to open in Saudi Arabia, Fujairah, Jordan and Sharm El Sheikh.
"Our pipeline growth in the MEAI and Saudi Arabia, in particular, remains a key focus for our world-leading luxury hotel brands," Sami Nasser, SVP of operations, Middle East, Africa and India for FRHI, told Arabian Business, calling the Middle East a "fast-growing region" for the company.
Through the first quarter of 2017, FRHI will open the Fairmont Riyadh Business Gate in Saudi Arabia, Fairmont Amman in Jordan, Fairmont Citystars Sharm el Sheikh in Egypt and Fairmont Fujairah in the UAE.
Beyond 2017Over the next five years, FRHI has hotel development projects set to open in markets like China and Africa, including the Swissotel Jeddah in 2017, Raffles Jeddah in 2018 and Swissôtel Al Khobar in 2020. The company added that it is placing a particular emphasis on key markets in Europe, Asia, the Middle East and Africa.