Swissôtel

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Swissôtel Hotels and Resorts

Type	Private (subsidiary of Fairmont Raffles Hotels International Inc. which is owned by Kingdom Holdings and Colony Capital, LLC
Founded	1957
Headquarters	Zürich, Switzerland
Area served	International
Key people	Meinhard Huck, President Isidoro Geretto, Vice President, Finance Petra Goetting, Vice President Marketing and Sales
Industry	Hospitality
Products	Hotels
Parent	Fairmont Raffles Hotels International Inc.
Website	www.swissotel.com

Swissôtel Hotels and Resorts is a group of hotels pitched at the higher end of the hotel market, based in Zürich, Switzerland. The chain currently includes 27 properties in 15 countries, including five hotels being developed which are slated to open by 2008.

1 Corporate history
2 Corporate Social Responsibility
3 Properties
4 References
5 External links

[edit] Corporate history

Swissôtel, originally founded in 1980 by SwissAir and Nestlé, was acquired by Raffles Holdings in 2001. The portfolios of both Swissôtel Hotels and Resorts and Raffles Hotels and Resorts were merged to form Raffles International.

In July 2005, Raffles International, was acquired by Colony Capital, LLC, a private investment firm that held a 100% direct equity interest. This transaction garnered the prestigious “Deal of the Year” award for Colony Capital and Raffles Holdings, presented at the 16th annual Hotel Investment Conference Asia Pacific (HICAP) in Hong Kong in October 2005.^[1]

In May 2006, Colony Capital together with Kingdom Holding Company acquired Fairmont Hotels and Resorts, and combined those assets with Raffles. The resulting Fairmont Raffles Hotels International, with corporate headquarters in Toronto, Canada, is comprised of 88 hotels, in 23 countries, under three brands – Fairmont, Raffles and Swissôtel.

Corporate offices for Swissôtel are located in Zürich, Switzerland, headed by President, Meinhard Huck and VP Marketing & Sales, Petra Goetting.

[edit] Corporate Social Responsibility

Swissôtel has a high profile approach to corporate social responsibility, which concentrates on charities who help underprivileged children around the world.^[2] The company has formed a link with SOS Children's Villages for which it organises fundraising events such as an annual summer party in Zürich.^[3] The company has supported particular projects including that in Lavrovo, Oryol, Russia.