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Accor buys Raffles (and more)

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Just got an announcement this evening from AccorHotels that they will be acquiring the Fairmont, Raffles and Swissotel brand, which includes the Raffles Hotel in Singapore.

Full announcement:
http://www.accorhotels-group.com/fileadmin/user_upload/Contenus_Accor/Finance/Pressreleases/2015/UK/20151209_pr_accorhotels_frhi.pdf

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