December 22, 2014 7:39 PM ET

Hotels, Restaurants and Leisure

Company Overview of Fairmont Hotels & Resorts, Inc.

Company Overview

Fairmont Hotels & Resorts, Inc. operates hotels and resorts worldwide. It offers castles, lodges/accommodation rooms, retreats, spas, a swimming pool, bars (cocktails), meeting rooms and public spaces (lobbies, function rooms, boardrooms, banquet halls, and lounges), health clubs/fitness facilities, restaurants (cuisines), business centers (business services), and wedding resorts to travelers and guests. 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 in 1886 and is based in Toronto, Canada. Fairmont Hotels & Resorts, Inc. operates as a subsidiary of FRHI Holdings...

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
Age: 62
President
Executive Vice President of Law and Administration
Age: 57
Executive Vice President and Chief Marketing Officer
Executive Director of Investor Relations
Compensation as of Fiscal Year 2014.

Fairmont Hotels & Resorts, Inc. Key Developments

Fairmont Hotels & Resorts to Expand China Portfolio into Henan Province

Fairmont Hotels & Resorts has signed an agreement with Henan Donggang Real Estate Co. Ltd. for the development of Fairmont Zhengzhou in the capital of Henan Province in central China. Projected to open in 2018, the 350-room hotel will be part of a new mixed-use development in the CBD of Zhengdong New Town, an upcoming financial and business hub in Zhengzhou. Located 45km from the international airport, it will feature four distinct dining outlets, along with approximately 4,000 square meters of meeting and banquet space. Recreational facilities will include a Willow Stream Spa and a swimming pool. The CBD has already attracted over one hundred financial institutions, and when complete, will be home to over 800,000 residences. Fairmont Zhengzhou will also serve an expanding meetings and events industry in the city with the International Exhibition & Conference Centre that has 2.2 million square meters of space. The burgeoning city of Zhengzhou - which is also the most populous in the province with more than 8 million residents is the economic, political, cultural and educational capital of Henan with pillar industries including automotive, machine manufacturing, energy, aluminum and food processing. Fairmont Zhengzhou will join the growing portfolio of Fairmont Hotels & Resorts in China, including Fairmont Beijing, Fairmont Peace Hotel in Shanghai, Kunshan's Fairmont Yangcheng Lake and Fairmont Nanjing. China continues to be a key growth market for the luxury hotel brand, with a number of new developments scheduled to open in the coming years. Projects include Chengdu (2015), Changsha (2017), Hangzhou (2018), Suzhou (2018), Taiyuan (2019) and Nanning (2019).

Fairmont Hotels & Resorts Develops Hotel in Suzhou, Jiangsu Province, Eastern China

Fairmont Hotels & Resorts announced the development of a new hotel in Suzhou, Jiangsu Province, Eastern China. Fairmont Suzhou, scheduled to open in 2018, will join the company's growing portfolio of luxury hotels and residences in China. Fairmont Suzhou will feature 390 luxury guestrooms, as well as five distinct dining outlets. The hotel will also house over 4,000 square meters (43,000 square feet) of banquet and event space. Leisure facilities will include a swimming pool and Willow Stream Spa, the company's branded spa product. The hotel will be part of a mixed-use development that will also include office space and a retail podium, located close to the District Government, as well as office towers and other commercial and entertainment facilities. The complex will be located in Shishan, the business and financial core of Suzhou National New Hi-Tech Industrial Development Zone - Suzhou New District (SND), near the city's center. Suzhou is located in the center of the Yangtze River Delta, and is approximately 110 km (70 miles) east of Shanghai.

Fairmont Hotels & Resorts Launches Fairmont Residences Nanjing

Fairmont Hotels & Resorts announced the launch of Fairmont Residences Nanjing. The privately owned residences enjoy an enviable location in the heart of the prestigious district of Hexi New Town and are just a few blocks from the Nanjing International Expo Centre and Nanjing Olympic Sports Centre. Featuring a contemporary urban design and wide selection of luxury amenities, most of the 146 branded residences will range in size from one to five bedrooms. Of notable interest will be two generous spaces; a spacious six-bedroom apartment and an expansive 535 square meter (5,758 square foot) seven-bedroom residence.

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