![]() |
|
| Type | Private (subsidiary of Fairmont Raffles Hotels International) |
|---|---|
| Founded | 1907[1] |
| Founder(s) | Tessie and Virginia Fair[1] |
| Headquarters | Toronto, Ontario, Canada |
| Area served | Worldwide |
| Industry | Luxury hotels |
| Parent | Fairmont Raffles Hotels International |
| Website | http://www.fairmont.com/ |
Fairmont Hotels & Resorts is a Toronto, Ontario -based operator of luxury hotels and resorts. Currently, Fairmont operates properties in 15 countries including Canada, the United States, Mexico, Bermuda, Barbados, United Kingdom, Monaco, Germany, Switzerland, Egypt, Kenya, Tanzania, South Africa, the United Arab Emirates and Singapore.
Fairmont is known in Canada for its famous historic hotels and resorts such as the Empress Hotel (Victoria) and Hotel Vancouver in British Columbia, the Royal York in Toronto, Banff Springs in Alberta and Château Frontenac in Quebec. Many of these hotels were originally built by the Canadian Pacific Railway in the late 19th and early 20th centuries. As such, they were operated by Canadian Pacific Hotels and Resorts until CP Hotels purchased Fairmont in 1999 and changed its name to Fairmont Hotels and Resorts. The name change reflected the new international focus of the company.
Fairmont's portfolio also includes several other landmark and icon properties including Plaza Hotel in New York, the Savoy Hotel in London and the Peace Hotel in Shanghai, which is currently under-going an extensive renovation.
Contents |
The original Fairmont was built in 1907 in the city of San Francisco following the earthquake of 1906. It was later acquired by Benjamin Swig in 1945.
The Fairmont chain consisted of seven properties in the United States when it merged with Canadian Pacific Hotels & Resorts in 1999:
In early 2006, after a contentious bidding war started by investor Carl Icahn. Icahn lost the bid and Fairmont agreed to be sold for $3.9 billion USD. Fairmont announced on January 30, 2006 that the company will be purchased by Colony Capital, LLC and Kingdom Hotels International. As a result of that purchase, Fairmont Hotels & Resorts is now a subsidiary of Fairmont Raffles Hotels International (FRHI). At the time of the purchase, FRHI also owned Delta Hotels & Resorts; however, Delta was sold on October 2, 2007 to bcIMC (British Columbia Investment Management Corporation).
Fairmont Hotels & Resorts was named one of Canada's Top 100 Employers for 2008, as published in Maclean's magazine, the only hotel operator to receive this honour. This is the 6th consecutive year that Fairmont has received this honour.[2]
British Columbia
Alberta
Manitoba
Ontario
Québec
Atlantic
Anguilla
Barbados
Bermuda
Dominican Republic
Mexico
|
||||||||
|
|||||||||||
No comments have been added.