FRHI is the parent company that manages three brands of hotels: Fairmont, Raffles and Swissôtel.

On January 1, 2002, the two hotels were renamed as Swissôtel The Stamford and Raffles The Plaza (now Fairmont Singapore) respectively, with a refurbished look.

Former owner Raffles Holdings announced the sale of the chain on July 18, 2005, to Colony Capital from October 1, 2005.

This included the landmark Raffles Hotel in Singapore, which is on a 100-year lease to Colony Capital.

Voyager Partners, a Qatari Diar affiliate, subsequently acquired a majority interest in FRHI in April 2010.