|History - Fairmont Timeline
1876 are born the sisters Theresa Fair Oelrichs and Virginia Fair Vanderbilt.
After the death of their father, Senator James Fair they want to built a Hotel in his honor.
1902 beginning of the construction of the San Francisco Hotel ...
by the sisters Theresa Graham Fair-Oelrichs and Virginia Graham Fair-Vanderbilt
1906 the sisters sell the not finished Hotel days before the earthquake
1906 San Francisco earthquake damages but does not destroy the Hotel
1907 opening of the first Fairmont Hotel in San Francisco.
1908 Theresa Fair-Oelrichs buys the Hotel back
1945 the Hotel was acquired by Benjamin Swig
1960 Fairmont develops a small chain of prestigeous US Luxury Hotels
besides the Fairmont San Francisco there are
The Plaza - New York
The Fairmont Copley Plaza - Boston
The Fairmont - Chicago, Dallas and San Jose
2001 the chain was purchased by the much larger Canadian Hotel Chain,
Canadian Pacific Hotels owning many historic landmark Hotels from Canada.
Canadian Pacific Hotels were a division of Canadian Pacific Railways.
The new Chain adopts the Fairmont Brand name,
the Fairmont logo gets a facelift.
2005 the investor Carl Icah starts a bidding war over the Hotel chain
but he loses it
2006 january 30 Fairmont was acquired by Colony Capital and Kingdom Hotels
for US$ 3.24 billion
As a result of the Purchase
Fairmont Hotels are merged with Raffles Hotels and Swissotels
belonging to Kingdom Hotels.
The new Fairmont Raffles Hotels International
maintain 3 seperat historic brands
Fairmont, Raffles and Swissotel
Some properties like the Hamburg Hotel Vierjahreszeiten or the Montreux Palace
switch from Raffles to Fairmont.
2010 opening of the renovated Savoy London
(in 2004 the Hotel was sold by Quinley Private / Maybourne Hotel Group)
Origin of Fairmont Name & Logos & Internet Domains
|Facts & Figures about Fairmont today
The CEO is Michael Glennie since 2012 April 3.
Fairmont is owned by Fairmont Raffles Hotels International (FRHI).
FRHI is owned by Colony Capital, a private real estate investment firm
Voyager Partners and Kingdom Hotels.
FRHI manages over 100 Hotels from 3 different Hotel chains:
Fairmont, Raffles, and Swissotel.