Fairmont Hotels & Resorts is owned by Accor, a French multinational hospitality company. Accor acquired Fairmont, along with the Raffles and Swissôtel brands, by purchasing their parent company FRHI Hotels & Resorts in 2016[2][4][5][6][7].
Prior to Accor’s acquisition, Fairmont had gone through several ownership changes. The company was acquired by Colony Capital and Kingdom Hotels in 2006, which consolidated Fairmont with Raffles and Swissôtel to form FRHI Hotels & Resorts[1][2][7]. For a time, institutional investors including Qatar Investment Authority and Kingdom Holding Company of Saudi Arabia held significant shareholdings in the parent company, and following Accor’s purchase, they became major Accor shareholders[4][5].
Today, Fairmont operates as a wholly owned brand within Accor. Accor itself is a publicly traded company listed on Euronext Paris and the US OTC Market, with a diverse international shareholder base[5].
References
- [1] Fairmont hotel chain acquired for $5.5 billion – TravelMole
- [2] FRHI Hotels & Resorts – Wikipedia
- [4] AccorHotels to acquire three iconic hotel brands – Accor Press
- [5] Who Owns Fairmont Hotels and Resorts? | Business Strategy Hub
- [6] AccorHotels Buys Fairmont Parent Company | Business Travel News
- [7] Fairmont Hotels & Resorts – Wikipedia
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