PROFILE |
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Founded in 1907 by sisters Tessie and Virginia Fair, the original Fairmont Hotel in San Francisco still is renowned for its luxury. Fairmont Hotels & Resorts (formerly Fairmont Hotel Management) was formed in 1999 through a merger with Canadian Pacific Hotels & Resorts, making it one of the largest luxury hotel management firms in North America. The Fairmont's distinctive symbol includes more than 75 properties and about 30,000 rooms in Canada, the Caribbean, Mexico, and the US. Fairmont Hotel locations in the US include Chicago, Dallas, New Orleans, and Scottsdale, Arizona; as well as New York City (the Plaza Hotel). Canadian Pacific Limited, parent of Canadian Pacific Hotels & Resorts, owns 67% of the company.
COMPETITION |
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Four Seasons Hotels Inc. (FS)
The Ritz-Carlton Hotel Company, L.L.C. (dossier)
Starwood Hotels & Resorts Worldwide, Inc. (HOT)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 350.00
1-Yr. Sales Growth: 0.0%
Employees: 4,200
Revenue per employee: $83,333.33
KEY PEOPLE |
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William R. Fatt
CEO
M. Jerry Patava
CFO
CONTACT INFO |
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100 Wellington St. West, Ste. 1600
Toronto Ontario M5K 1B7, Canada
Phone: 1-416-874-2600
Fax: 1-416-874-2601
Online: Web Site
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