Fairmont Eyes New Markets
Fairmont plans to open properties in three new markets in 2012: Fairmont Jaipur in India, Fairmont Grand Hotel Kyiv in Ukraine, and Fairmont Baku in Azerbaijan.
“International growth is a key focus at Fairmont and I fully expect 2012 to be a busy year for us,” said Fairmont Hotels & Resorts President Jennifer Fox. “With hotels like The Savoy in London, The Plaza in New York, and Shanghai’s Fairmont Peace Hotel, we already watch over some of the world’s top addresses, so to be going into several new and exciting markets, with assets that are truly one-of-a-kind, is very exciting.”
Other Fairmont hotels expected to open in 2012 include the 300-room Fairmont Makati, Philippines and the 372-room Fairmont Palm Jumeirah in Dubai.
Also in Fairmont’s pipeline are hotel development projects in China, Russia, and Saudi Arabia.
Source: Fairmont Hotels & Resorts





