re fairmont in accor financials

 
Old Feb 26, 18, 1:01 pm
  #1  
FlyerTalk Evangelist
Original Poster
 
Join Date: Jun 2006
Location: IAD/DCA
Posts: 31,510
re fairmont in accor financials

1 franchised fairmont 258 rooms - didnt recall this, wonder if they currently offer option to owners
1 owned fairmont 593 rooms
1 leased fairmont 769 rooms
Kagehitokiri is offline  
Old Feb 26, 18, 3:36 pm
  #2  
 
Join Date: Nov 2008
Location: YYC
Programs: Hilton Diamond, Fairmont Plat, IHG Spire, SPG Gold, WS Gold, Hertz PC, National E Elite,
Posts: 2,714
I am confused what this is referring to?
CanuckFlyHigh is offline  
Old Feb 26, 18, 5:02 pm
  #3  
 
Join Date: Jan 2011
Location: YYZ
Programs: TK*G, AC Aeroplan, Fairmont Platinum, Starwood Gold, Nexus/GE, Hertz #1 Gold
Posts: 1,645
I don't understand the question either.

It's no secret that Fairmont, like many chains, is primarily a manager of properties, not an owner of them. As far as I know, the Fairmont Southampton in Bermuda is the only Fairmont-branded property which they also own. The leased property, I believe, is the Fairmont Singapore, where the entire complex the hotel is in (with shopping mall and a convention centre), is owned by another firm and Fairmont operates their hotel under a long term property lease. I didn't know about the franchised one. The rest are just management agreements where Fairmont operates the hotels on behalf of their individual owners. What does it matter?
CanadaDH is offline  

Thread Tools
Search this Thread