December 08, 2016 12:12 PM ET

Hotels, Restaurants and Leisure

Company Overview of Fairmont Hotels & Resorts, Inc.

Company Overview

Fairmont Hotels & Resorts, Inc. operates hotels and resorts worldwide. Its amenities include castles, lodges/accommodation rooms, retreats, spas, a swimming pool, bars (cocktails), conference space, meeting rooms and public spaces (lobbies, function rooms, boardrooms, banquet halls, and lounges), wellness facilities/health clubs/fitness facilities, business centers (business services), and wedding resorts to travelers and guests; a beach pool bar and a grill; and restaurants (cuisines) that offer food and beverages. Fairmont Hotels & Resorts, Inc. was formerly known as Canadian Pacific Limited and changed its name to Fairmont Hotels & Resorts, Inc. in September 2001. The company was founded ...

155 Wellington Street West

RBC Centre

Suite 3300

Toronto, ON M5V 0C3

Canada

Founded in 1886

30,000 Employees

Phone:

416-874-2600

Fax:

416-874-2601

Key Executives for Fairmont Hotels & Resorts, Inc.

Chief Executive Officer, Director, Chairman of FHR Holdings Inc and Chief Executive Officer of FHR Holdings Inc
Age: 64
President
Executive Vice President of Law and Administration, General Counsel, and Senior Vice President
Age: 59
Executive Director of Public Relations
Vice President of Regional Hotels Sales for Middle East and Africa and Regional Director of Sales and Marketing for Middle East and Africa
Compensation as of Fiscal Year 2016.

Fairmont Hotels & Resorts, Inc. Key Developments

Fairmont Hotels & Resorts to Expand its Luxury Portfolio with New Hotels in Morocco & Saudi Arabia

Fairmont Hotels & Resorts announced at the Arabian Hotel Investment Conference (AHIC), the signing of two new luxury hotel developments in Morocco and the Kingdom of Saudi Arabia. The two new projects include Fairmont Taghazout Bay, Morocco and Fairmont Al Khobar, Saudi Arabia, which are both scheduled to open before 2020. The development of these properties will see Fairmont's luxury hotel portfolio in the Middle East, Africa and India (MEAI) region increase to 20 hotels by 2020, more than doubling the regional pipeline and boosting the brand's presence within two major economic and tourist hubs. Fairmont Taghazout Bay: scheduled to open in 2019, the project is situated in Taghazout Bay, a 615 hectare seaside resort located 18 km north of Agadir on the Atlantic coast. The hotel sits on 180,000 square meters, of beachfront adjacent to the 18-hole golf course designed by Kyle Phillips which was recently completed in 2014. Fairmont Taghazout Bay will feature 155 spacious guestrooms, with sea facing views, in addition to 52 Fairmont branded villas, to be released for sale later this year, which will be the first luxury waterfront villas of this kind in the country. The resort will boast over 2,500 square meters of meeting space and a Fairmont spa with fitness facilities. A range of culinary offerings will include an all-day dining restaurant, lobby lounge, specialty restaurant and beach pool bar and grill. The resort is a short distance away from the international airport of Agadir as well as the main highway network linking the city to neighboring tourist spots, Marrakech (250 km) and Casablanca (450 km). Fairmont Al Khobar: currently in development and set to open in 2020, Fairmont Al Khobar will be situated in Al Khobar on the coast of the Arabian Gulf. This area, together with the neighboring cities of Dammam and Dhahran, form the Dammam Metropolitan Area, the capital of the Eastern Province. In addition to the 240 guestrooms and 12 serviced residences, the property will feature over 4,000 square meters of meeting and conference space including the ballroom in the province. A variety of food and beverage offerings including a vibrant lobby lounge, specialty restaurant and gourmet pastry cafe plus a range of wellness and fitness facilities, including a spa, will be available. The hotel will be situated in a high-end commercial area of the city between the Al Khobar Corniche and the Central Business District, surrounded by parks, restaurants and shopping centers, making it a highly enviable location for leisure and business travelers. The King Fahd Causeway, the city's major transport route directly connected to neighboring Bahrain, is 10 minutes away from the development while King Fahd International Airport is just a short distance away.

Fairmont Hotels & Resorts and Eagle Hills Announce New Luxury Hotel in Morocco, Fairmont La Marina Rabat-Salé

Fairmont Hotels & Resorts and Eagle Hills have announced the development of a new luxury hotel in Morocco, Fairmont La Marina Rabat-Salé. The 200-room hotel, set to open in 2019, will be located in La Marina Morocco, a coastal mixed-use development strategically located between Rabat and the ancient city of Salé. Luxury accommodations will include 200 Fairmont guestrooms and approximately 90 Fairmont branded residences, soon to be available for purchase. Ample meeting space and a range of restaurants including an all-day dining concept, lobby lounge and bar, specialty restaurant and pool bar and grille will boost the city’s already vast choice of culinary options. Rounding out the experience are the Fairmont Spa and fitness facilities complete with an array of leisure options. The addition of Fairmont La Marina Rabat-Salé complements a growing portfolio of Fairmont hotels currently under development in the Middle East, Africa and India region, including four openings in 2016 - Fairmont Fujairah, Fairmont Amman, Fairmont Riyadh, Business Gate, Fairmont City Stars Sharm El Sheikh - plus Fairmont Lagos (2017).

Fairmont Hotels & Resorts, Inc. Expands to Nigeria

Fairmont Hotels & Resorts, announced the development of a new 270-room luxury hotel in the Nigerian capital city of Abuja. With a planned opening in 2019, Fairmont Abuja will be situated in the heart of the city's central business district and only 30 km from the Nnamdi Azikiwe International Airport. A close proximity to the new International Conference Centre, due to open in 2018, will make the hotel an ideal venue for corporate groups, conferences and social events. In an African city recognized for its beautiful rolling terrain, modern architecture and expansive road network, Fairmont Abuja will provide easy access to the diplomatic and government quarter, including the Presidential Complex, National Assembly and the Supreme Court. As Nigeria's purpose built and planned city, Abuja also houses divisions of the United Nations, World Bank and major international embassies and consulates. The project is being developed by Asset Management Group (AMG). Key projects in the company's portfolio include Harbor Point, a mixed use facility including the Fairmont Lagos, the first announced FRHI property in the country which is scheduled to open in 2017. Fairmont Abuja will feature 270 guestrooms and suites, Fairmont Gold - the brand's signature 'hotel within a hotel' concept - and approximately 50 branded residences. It will also boast more than 2,400 square meters (25,800 square feet) of meeting and event space, including a ballroom, ideal for regional and international corporate travel and groups. Appealing to the local community and international guests, the hotel's leisure offerings will include 850 square meters (9,100 square feet) of spa and fitness facilities, with tennis courts, a gymnasium and outdoor swimming pools. Leisure facilities and services will also be available to local residents through various membership programs. As a renowned leader on the global culinary scene, Fairmont will extend its food and beverage expertise to this city. Guests of Fairmont Abuja will be able to choose from an expansive selection of restaurants and lounges, including an all-day dining concept, lobby lounge, boutique cafe, pool bar, entertainment bar as well as two specialty restaurants featuring world-class cuisine. The project's whole-ownership Fairmont Residences complex, which will open for purchase in early 2017, will feature spacious luxury apartments ranging in size from one to five bedrooms. Home owners will enjoy their own private entrance, lobby and dedicated residence services, while also benefiting from the amenities and facilities provided by Fairmont Abuja. The addition of Fairmont Abuja complements a growing portfolio of Fairmont hotels currently under development in the region, including Fairmont Lagos, which will feature 220 guestrooms and suites, 3,800 square meter (41,000 square foot) meeting and conference space, a wide selection of food and beverage options and a Willow Stream Spa.

Similar Private Companies By Industry

Company Name Region
0771367 B.C. Ltd. Americas
1019480 Ontario Limited Americas
1025091 Ontario Limited Americas
122164 Canada Ltd. Americas
2251803 Ontario Ltd. Americas

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 17, 2016
CWI-Fairmont Sonoma Hotel, LLC
 

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Fairmont Hotels & Resorts, Inc., please visit www.fairmont.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.