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Raffles expands to Estonia with Swissôtel brand
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Raffles International, the hotel management arm of Raffles Holdings, has signed an agreement with Tornimäe Hotel to operate a new hotel in the Estonian capital Tallinn.
The deal for Raffles to manage the 239-room Swissôtel Tallinn was made through its Estonian subsidiary, Osaühing Evans Kinnisvara.
The property, expected to open in early 2007, is the second hotel contract in Eastern Europe for Raffles – the Swissôtel Riverside Towers in Moscow, Russia, is scheduled to open this May.
Raffles International, the hotel management arm of Raffles Holdings, has signed an agreement with Tornimäe Hotel to operate a new hotel in the Estonian capital Tallinn.
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