re fairmont in accor financials

Old Feb 26, 18, 1:01 pm
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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
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I am confused what this is referring to?
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Old Feb 26, 18, 5:02 pm
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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?
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