4Hoteliers
SEARCH
ITB 2024 Special Reporting
SHARE THIS PAGE
NEWSLETTERS
CONTACT US
SUBMIT CONTENT
ADVERTISING
Fairmont assumes management of The Savoy Hotel in London.
Thursday, 20th January 2005
Source : Fairmont Hotels & Resorts
Fairmont Hotels & Resorts Inc. is pleased to announce that it has assumed management of The Savoy Hotel, one of London's most-recognized luxury hotel properties.

Kingdom Hotels International ("Kingdom"), a company affiliated with His Royal Highness Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud and Bank of Scotland Corporate, part of HBOS plc, also announced today the acquisition of the hotel from Quinlan Private.

The hotel will now be known as "The Savoy, A Fairmont Hotel". This hotel is Fairmont's second destination in Europe, following closely on the December 2004 acquisition of the Monte Carlo Grand, purchased by Fairmont, Kingdom and Bank of Scotland Corporate in the first transaction for their joint venture aimed at investing in luxury hotels across Europe.

"We are extremely pleased to have added The Savoy to the Fairmont collection," said William R. Fatt, Fairmont's Chief Executive Officer. "Fairmont is looking forward to ongoing brand growth in Europe and continuing our successful relationship with Prince Alwaleed and Bank of Scotland."
 Latest News  (Click title to read article)




 Latest Articles  (Click title to read)




 Most Read Articles  (Click title to read)




~ Important Notice ~
Articles appearing on 4Hoteliers contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.
© Copyright 4Hoteliers 2001-2024 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here
Use of this web site is subject to our
terms & conditions of service and privacy policy