February 26, 2017 5:01 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 and Next Century Associates Sign Definitive Agreements for the Renovation and Management of the Century Plaza Hotel in Los Angeles

Fairmont Hotels & Resorts and Next Century Associates have inked definitive agreements for the renovation and management of the Century Plaza Hotel in Los Angeles. At present, the crescent shaped hotel is undergoing restoration and is scheduled to re-open as Fairmont Century Plaza, Los Angeles in 2018. The $2.5 billion mixed-use redevelopment project comprises nearly 394 guestrooms and 63 branded residences within the original iconic building, along with two new 46-story luxury residential towers with 290 luxury residences and nearly 100,000 ft2 of boutique shopping and expanded parking facilities. Fairmont Century Plaza, which was originally designed by Minoru Yamasaki, will be transformed by architecture firms Pei Cobb Freed, Gensler and Marmol Radzinger and the design group Yabu Pushelberg. The design team will modify the hotel's lobby, connecting it to a series of public plazas and fountains with two-acres of open space and gardens, surrounded by restaurants and retail boutiques.

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).

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